The tech-investment stories moving Africa's markets — what moved, and why it matters.
Mon, Jun 22
Three weeks, $270 million, largest electric mobility raise ever recorded for an African operator. That's not a funding round — that's a signal that patient capital has finally decided this sector is real.
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European banks have been quietly retreating from Africa for years — too much complexity, too little return. Absa is doing the opposite, and this $238 million move to lift its stake in its Kenyan unit from 68.5% to 85% is the clearest…
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