The Member News Archive
How Do Retail Stores Compete in an FMCG Market?
A recent article from FTI Consulting discusses market definition and the assessment of competition in retail mergers, and specifically in fast moving consumer goods (“FMCG”) markets. It considers recent analysis conducted by FTI Consulting for a large retail grocery chain in South Africa.
E3 Capital and Lion's Head Global Partners announce first close for the E3 Low Carbon Economy Fund for Africa
E3 Capital and Lion's Head Global Partners have announced a first close for the E3 Low Carbon Economy Fund for Africa ("E3LCEF") at $48.1 million. The early-stage venture fund will focus on investing in next-generation low-carbon entrepreneurs in Africa scaling new technologies and business models enabled by the low carbon economy.
Rapid deployment of broadband infrastructure
May 2023 - On 31 March 2023, the Minister of Communication and Digital Technologies, issued the National Policy on Rapid Deployment of Electronic Communications Networks and Facilities (the Policy) in terms of the Electronic Communications Act 36 of 2005 (ECA). The Policy was approved by Cabinet.
Verto claims a quarter of SVB customers operating in Africa are opening accounts on its platform
Verto, a London-based B2B cross-border foreign exchange (FX) and payments enabler for startups and small businesses, said it has acquired a quarter of Silicon Valley Bank (SVB) customers from Africa and the MENA region.
AMEA Power expands its presence in South Africa with 85MW Power Purchase Agreement with GreenCo
Africa GreenCo Group, through its South Africa-based company, GreenCo Power Services (Ptty) Limited (together, GreenCo), is delighted to announce the execution of a power purchase agreement (PPA) with AMEA Power, a Dubai-based developer, owner and operator of renewable energy projects with a focus across Africa, the Middle East and other emerging markets.
United Bank for Africa: Africa Day Reception
Invest Africa member, United Bank for Africa (UBA) UK is thrilled to extend an invitation to you to join their upcoming Cocktail Party celebrating Africa Day on 25 May in London, 6-9pm, Stork Mayfair, 13-14 Cork Street, W1S 3NS.
Addleshaw Goddard: Managing Regulatory Risk in Africa
In the May edition of Addleshaw Goddard’s Africa Business Group Newsletter, experts consider the challenges posed by regulatory issues, supply chain oversight and transparency in Africa.
Virtual M&A Academy 2023: Adding Value Through Experience
DLA Piper Africa is pleased to invite you to the 2023 Virtual M&A Academy for clients. This event is aimed at junior to mid-level professionals who work in corporate finance and private equity, in-house legal teams and the strategy departments of corporates. It provides an overview of the key stages of the M&A process and a more in-depth look at the most important aspects of M&A for African practitioners.
Moody’s Investors Service: Inside Africa May Newsletter
This compendium brings together Moody’s recent research on African sovereign, banking and corporate finance credit, in recognition of the continent’s economic expansion, rising international issuance and increasing investor demand for credit ratings and research.
Genesis Energy Lighting Up Africa One Community at a Time
Johannesburg, South Africa, May 04, 2023 – With the vision of Lighting up Africa one community at a time, Genesis Energy (GENESIS) is a leading energy infrastructure developer and climate impact investor that is driving positive social, economic, and environmental impact across Africa.
Financial Times Ranks 4G Capital as one of Africa’s Fastest-Growing Companies
3rd May 2023: Nairobi, Kenya: 4G Capital, the market-leading neobank powering micro and small business growth in Kenya and Uganda, has been ranked as one of Africa’s Fastest-Growing Companies by the Financial Times. The Financial Times compiled the ranking with data company Statista and based findings on compound annual growth rate (CAGR) in audited revenues from 2018 to 2021.
Invitation: Oxford Economics Emerging Markets & Africa Roundtable
We are fortunate to have been offered 8 complimentary places at Oxford Economics’ Emerging Markets & Africa Roundtable on April 26th in London. This is for professional investors only. Invest Africa members can email cjoyce@oxfordeconomics.com to register interest and further details will be shared.
Friends of Education Africa: Join our board of trustees and advisors
Friends of Education Africa is a registered UK charity established to primarily raise funds to meet the needs of Education Africa. Education Africa is the catalyst for enabling scalable, sustainable, digitally-enabled high-quality blended education initiatives for disadvantaged African youth and their communities.
Green Climate Fund commits record US$253 million to AFC’s Infrastructure Climate Resilient Fund for Africa
Africa Finance Corporation, Africa’s leading infrastructure solutions provider, and its asset management unit AFC Capital Partners have secured a US$253 million commitment from the Green Climate Fund (GCF) towards its inaugural offering, the Infrastructure Climate Resilient Fund (ICRF).
Miranda & Associados Podcast: Investing Beyond Borders
This week Miranda & Associados bring you news on regional trade in Angola, oil and gas news in Angola, Gabon and Mozambique, a visa exemption scheme in Mozambique, port developments in the Republic of the Congo, Timor-Leste’s first mining licensing round, and other major developments in our jurisdictions. Sit back, relax, and enjoy Investing Beyond Borders.
Vallis Offers Supply Chain Emissions Reporting
Please read Vallis Group’s information page about their new partnership with Qbera Capital LLP bringing together leaders in supply chain management and carbon accounting to create a tool for companies to better track and cut their carbon emissions.
Grundfos SafeWater partners with World Vision to retrofit hand pumps with faster solar-powered water systems in rural Zambia
SafeWater, a strategic business unit within Grundfos, has announced that it is partnering with World Vision’s Zambia WASH (Water, Sanitation and Hygiene) programme to provide cost-effective SQFlex solar water pumps as an easy-to-use and sustainable alternative to traditional hand pumps in rural Zambia.
2022 Most Disruptive MBA Startups: Anfani, University of Oxford (Saïd)
Anfani, a new Invest Africa member, is the energy broker for the unbanked and underserved in sub-Saharan Africa. We are a brokering platform that connects Small and Medium Scale Enterprises (SMEs), Capital Providers, and Renewable (Solar) Tech Providers together where we handle customer acquisition for these providers and at the same time provide SMEs with increased access to affordable, high quality renewable energy for electricity provision.
Honoris United Universities Achieves International Recognition for Medical Research
Tunis, 23 January 2023 – Honoris United Universities (HUU) attended the world's largest conference dedicated to innovation in the field of medical simulation (IMSH 2023). The Honoris Medical Simulation Center in Tunis, Tunisia presented the results of a randomized controlled trial in medical simulation undertaken at its world-class facility.
GreenCo initiatives in Zambia
GreenCo is excited to support Zambia as well as ZESCO, IPPs, C&Is, and other key energy sector stakeholders in bringing innovative and sustainable energy shifts into the country. Since its incorporation in 2018, GreenCo has embarked on a number of initiatives in Zambia