Investment

Global mergers and acquisitions (M&A) activity fell 36% year-on-year in the second quarter, but investment bankers and lawyers expressed optimism...

The People’s Republic of China has pledged to strengthen cooperation with the East African Community (EAC) in capacity building, trade,...

The African fintech market is projected to reach $65bn by 2030, representing a 13-fold increase over 2021, according to a...

United Bank for Africa (UBA) Plc, on Monday signed an agreement with the Africa Continental Free Trade Area (AfCFTA) secretariat...

Tanzanian gold magnate Ketan Patel, a prominent figure in the East African gold industry, has experienced a significant decline in...

Rolls-Royce Holdings Plc is opening its first office in East Africa, drawn by increased demand for engines to generate electricity...

Marriott International has announced that it has signed an agreement with Delaware Investment Limited to open its first JW Marriott...

Container terminal giant DP World Ltd. is in talks with Tanzania to manage seven berths at the East African nation’s...

After experiencing a substantial surge in wealth earlier this year, Tanzanian billionaire brothers Aunali and Sajjad Rajabali have seen the...

In a single day, Africa’s wealthiest individual, Aliko Dangote, witnessed a staggering decline in his net worth amounting to over...