Equatorial Guinea’s President Obiang Nguema Mbasogo reappointed Manuel Osa Nsue Nsua as prime minister, four days after he and the rest of the central African nation’s cabinet resigned after failing to meet performance targets.
Equatorial Guinea’s President Obiang Nguema Mbasogo reappointed Manuel Osa Nsue Nsua as prime minister, four days after he and the rest of the central African nation’s cabinet resigned after failing to meet performance targets.
Uber Technologies Inc plans to double its fleet of electric motorcycles in Kenya by the end of the year, as the company races toward becoming a zero-emissions mobility platform globally by 2040.
Uber Technologies Inc plans to double its fleet of electric motorcycles in Kenya by the end of the year, as the company races toward becoming a zero-emissions mobility platform globally by 2040.
Uber Technologies Inc plans to double its fleet of electric motorcycles in Kenya by the end of the year, as the company races toward becoming a zero-emissions mobility platform globally by 2040.
Uber Technologies Inc plans to double its fleet of electric motorcycles in Kenya by the end of the year, as the company races toward becoming a zero-emissions mobility platform globally by 2040.
Kenya is in talks with the US on Ebola-related health cooperation after media reports that the Trump administration is planning to send Americans exposed to the virus to a quarantine facility in the East African nation being built by the US military.
Kenya is in talks with the US on Ebola-related health cooperation after media reports that the Trump administration is planning to send Americans exposed to the virus to a quarantine facility in the East African nation being built by the US military.
Workers wearing protective suits prepare to evacuate the body of a suspected Ebola victim in Kampala, on May 26.
Kenya may be forced to cut spending in its next fiscal budget as rising debt-service costs, limited tax options and tighter borrowing constraints strain the Treasury’s financing plans.
Kenya may be forced to cut spending in its next fiscal budget as rising debt-service costs, limited tax options and tighter borrowing constraints strain the Treasury’s financing plans.
Kenyans walk home after work during a nationwide transport strike over rising fuel prices in Nairobi on May 18.
Kenya may be forced to cut spending in its next fiscal budget as rising debt-service costs, limited tax options and tighter borrowing constraints strain the Treasury’s financing plans.
Kenya may be forced to cut spending in its next fiscal budget as rising debt-service costs, limited tax options and tighter borrowing constraints strain the Treasury’s financing plans.
Kenyans walk home after work during a nationwide transport strike over rising fuel prices in Nairobi on May 18.
Kenya’s public transport operators agreed to suspend a strike over surging fuel costs that has paralyzed many urban centers in the East African nation.
Kenya’s public transport operators agreed to suspend a strike over surging fuel costs that has paralyzed many urban centers in the East African nation.
A burning barricade during a nationwide transport strike over rising fuel prices in Nairobi on May 18. Photographer: Luis Tato/AFP/Getty Images
Kenya’s public transport operators agreed to suspend a strike over surging fuel costs that has paralyzed many urban centers in the East African nation.
Kenya’s public transport operators agreed to suspend a strike over surging fuel costs that has paralyzed many urban centers in the East African nation.
A burning barricade during a nationwide transport strike over rising fuel prices in Nairobi on May 18. Photographer: Luis Tato/AFP/Getty Images
Spearhead Africa Asset Management Ltd., a Kenyan fund manager, plans to raise 15 billion shillings ($115.9 million) and make the money available to infrastructure developers in the form of long-term loans denominated in local currency.
Spearhead Africa Asset Management Ltd., a Kenyan fund manager, plans to raise 15 billion shillings ($115.9 million) and make the money available to infrastructure developers in the form of long-term loans denominated in local currency.
The France-Africa summit has mobilized billions of euros in investment deals, which President Emmanuel Macron said showed a pivot away from financial aid to investment for the continent.
The France-Africa summit has mobilized billions of euros in investment deals, which President Emmanuel Macron said showed a pivot away from financial aid to investment for the continent.
France's President Emmanuel Macron speaks druing the opening plenary session of the Africa Forward Summit in Nairobi on May 12.
The France-Africa summit has mobilized billions of euros in investment deals, which President Emmanuel Macron said showed a pivot away from financial aid to investment for the continent.
The France-Africa summit has mobilized billions of euros in investment deals, which President Emmanuel Macron said showed a pivot away from financial aid to investment for the continent.
France's President Emmanuel Macron speaks druing the opening plenary session of the Africa Forward Summit in Nairobi on May 12.
Renewvia Energy Corp., an operator of solar-powered mini-grids, is expanding into settlements in four African nations as efforts turn to renewable energy to plug a power deficit on the continent.
Renewvia Energy Corp., an operator of solar-powered mini-grids, is expanding into settlements in four African nations as efforts turn to renewable energy to plug a power deficit on the continent.
A technician from CP Solar works on the installation of solar panels at a partially solar-powered factory in the industrial area of Nairobi, on October 9, 2023. Renewable energy sources generate over 80 percent of Kenya's electricity but despite the tremendous potential of the country's daily insolation, only 1% of the country's energy mix has been tapped. (Photo by LUIS TATO / AFP) (Photo by LUIS TATO/AFP via Getty Images)
FSD Africa, an agency backed by the UK’s Foreign, Commonwealth & Development Office, is establishing funds to raise as much as $400 million of capital for small businesses in five nations.
FSD Africa, an agency backed by the UK’s Foreign, Commonwealth & Development Office, is establishing funds to raise as much as $400 million of capital for small businesses in five nations.
East African telecommunications operator Safaricom Plc’s annual profit jumped 67%, beating expectations, after its unit in populous Ethiopia narrowed its loss.
East African telecommunications operator Safaricom Plc’s annual profit jumped 67%, beating expectations, after its unit in populous Ethiopia narrowed its loss.
Pedestrians pass a Safaricom Plc store in Nairobi, Kenya.
Africa50, a pan-African infrastructure investor, plans a fourth and final fund raising in June, as more financiers allocate capital to infrastructure projects on the continent.
Africa50, a pan-African infrastructure investor, plans a fourth and final fund raising in June, as more financiers allocate capital to infrastructure projects on the continent.
People swim in the sea at a dock overlooking the port in Port Sudan, Sudan.
British International Investment intends to tap £7 billion ($9.45 billion) held by insurers, pension and sovereign wealth funds as co-investment into various projects globally over the next five years.
British International Investment intends to tap £7 billion ($9.45 billion) held by insurers, pension and sovereign wealth funds as co-investment into various projects globally over the next five years.
British International Investment Chief Executive Officer Leslie Maasdorp Photographer: Aaron Schwartz/Bloomberg
Rising geopolitical uncertainty is driving African financiers to tap domestic capital, as governments roll out policies, regulations and incentives to fund projects.
Rising geopolitical uncertainty is driving African financiers to tap domestic capital, as governments roll out policies, regulations and incentives to fund projects.
Pedestrians walk between office buildings in the Central Business District of Lagos, Nigeria.
The Africa Finance Corp. and the African Development Bank committed $500 million each to a railway that will connect Zambia’s copper mines to global markets through the Angolan port of Lobito.
The Africa Finance Corp. and the African Development Bank committed $500 million each to a railway that will connect Zambia’s copper mines to global markets through the Angolan port of Lobito.
Africa’s infrastructure challenge is shifting from raising capital to deploying funding in projects that support trade, industry and long-term economic growth on the continent, according to the Africa Finance Corp.
Africa’s infrastructure challenge is shifting from raising capital to deploying funding in projects that support trade, industry and long-term economic growth on the continent, according to the Africa Finance Corp.
An aerial view of vehicles driving along the Lagos-Calabar Coastal Highway in the outskirts of Lagos, Nigeria.