Sierra Leone’s government has secured a $50 million agreement with China National Technical Import & Export Corporation to fund the SMART Sierra Leone Project. This significant deal was finalized in Beijing during the Forum on China–Africa Cooperation (FOCAC) Summit, a key event aimed at strengthening ties between China and African nations.
Huawei has announced plans to expand its cloud data centre footprint in Africa, targeting East and West Africa as the next regions for development. This expansion will complement the existing data centres in the northern and southern parts of the continent, further enhancing Huawei’s presence in the African market.
Teledoctor, a technology-driven public health and medical service provider, has partnered with OneLife Assurance to revolutionize healthcare delivery in Zambia. This collaboration aims to integrate Teledoctor’s telehealth services with OneLife Assurance’s offerings to enhance the accessibility and quality of healthcare for Zambians.
Thanks Carbon, a South Korean climate-tech start-up, is making a significant move into Africa’s carbon market with its innovative Haimdall solution. This technology is designed to target government institutions, large-scale agribusinesses, and individual farmers, offering a new avenue for earning profits through carbon credits.
Adani Ports and Special Economic Zone (APSEZ), India’s largest ports and logistics company, has acquired an 80 percent stake in Astro, a leading offshore support vessel (OSV) operator. This $185 million (Ksh. 23.9 billion) all-cash deal significantly expands APSEZ’s capabilities and control over offshore support operations across the Middle East, India, Far East Asia, and Africa.
ChitChat, a Zambian social commerce platform known for its built-in USD digital wallets, has partnered with Mastercard to launch new virtual debit cards designed to enhance cross-border payments. This collaboration marks a significant step in simplifying and streamlining financial transactions across borders.
The International Trade Center (ITC) has launched the Medium and Small Enterprises (MSMEs) Financing Gateway in Kenya and Uganda, marking a significant milestone in supporting enterprise development in the region. This new digital platform is designed to provide essential resources and support for MSMEs, offering a comprehensive suite of tools to enhance business growth and sustainability.
