Via Semafor, a look at how local investors are shying away from Africa’s EV revolution: A lack of local investment in African electric vehicle companies threatens the growth of the continent’s green transportation sector. It undermines efforts to introduce cleaner forms of mass transport that would reduce pollution in heavily congested cities. Demand among individuals […]
Read more »Via Al Monitor, an article recent agreements between Saudi Arabia and multiple African countries: Saudi Investment Minister Khalid Al-Falih said the kingdom’s sovereign wealth fund, the Public Investment Fund, will make some “game changing” investments in Africa. The Saudi Fund for Development plans to sign agreements worth some 2 billion riyals ($533 million) with African […]
Read more »Via Semafor, a look at Rwanda’s push to be Africa’s financial hub by attracting leading fintech startups: KIGALI, Rwanda – Two of Africa’s biggest fintech players are expanding their operations in Rwanda, which is pushing to position itself as a strategically important hub for the fintech sector by revamping its business laws and tax code. […]
Read more »Via Renew Capital, a look at Rwanda: Rwanda, the land of a thousand hills, is a vibrant nation with a population exceeding 13 million people and an estimated GDP of $32 billion (in purchasing power parity terms) as of the end of 2022. Rwanda has been recognized for its efforts in promoting gender equality and […]
Read more »Courtesy of The Africa Report, a look at how Paul Kagame and Rwanda Inc. target foreign opportunity: Having become an essential economic player in Rwanda, the holding company, owned by the ruling party, is now expanding across the continent, driven by the diplomatic efforts deployed by Kigali. A deep dive into the heart of a […]
Read more »Courtesy of The Africa Report, a look at how – over the past two years – Rwanda has been aggressively expanding its businesses, including the commercial wing of President Paul Kagame’s party, Crystal Ventures, and its foreign-focused subsidiary, Macefield Ventures. These expansions have reached countries such as the Central African Republic, Mozambique (where the Rwandan […]
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