A flagship project by the Mutual Treasury Staff, Mutresor, the Concord International Hotel aims to redefine luxury hospitality in Cameroon’s capital while diversifying the organization’s investment portfolio. Situated at the Olezoa neighbourhood in Yaounde, overlooking Charles Atangana Avenue, the Concord International Hotel is to become a new landmark in the city’s skyline. The five star...
The Global Energy Alliance for People and Planet (GEAPP) announced on August 4, 2025, the appointment of Carol Koech as its new Vice President for Africa. This move signals a stronger focus on mobilizing investment and accelerating the continent’s transition toward clean and inclusive energy systems. GEAPP, launched in 2021 with the backing of leading philanthropic institutions...
Backed by tech billionaires Bill Gates and Jeff Bezos, KoBold Metals is accelerating its footprint in the Democratic Republic of Congo. With seven new lithium exploration permits granted in August 2025, the company is positioning the Manono deposit at the heart of the global battery race. The global rush for critical minerals is pushing Africa—and...
Africa’s future depends on bold financial institutions. With solid ratings, robust assets, and global recognition, Afreximbank is positioning itself as the bridge between emerging potential and world-class credibility. In a global financial landscape defined by uncertainty and growing economic polarization, the African Export-Import Bank (Afreximbank) has emerged as a pivotal institution for trade finance and...
In August 2025, Alain and Cyrille Nkontchou took a bold step forward in their mission to reshape Africa’s banking landscape. Through their pan-African investment fund Enko Capital and the private vehicle Bosquet Investments Ltd, they executed two major deals that are redefining the continent’s financial power dynamics. On August 15, Bosquet Investments Ltd — owned...
As Africa undergoes rapid economic transformation, Verdant Capital emerges as a key player in inclusive finance. With a footprint spanning over 25 African countries, the firm is leveraging microfinance and SME lending to unlock sustainable growth, while navigating macroeconomic volatility through risk-mitigation strategies and regional diversification. Africa’s investment landscape is shifting. Fueled by demographic growth,...
The Development Bank of Central African States (BDEAC) has approved a financing package of 7 billion CFA francs for Molsa Groupe S.A. to finalize the construction of a four-star hotel in Malabo, the capital of Equatorial Guinea. The agreement, signed on August 18, 2025, represents a significant milestone in the country’s drive to expand its...
Ecobank Group has reached a significant milestone with the signing of a share purchase agreement between Nedbank Group Ltd. and Bosquet Investments Ltd., the private investment vehicle of Alain Francis Nkontchou, for the acquisition of a 21.22% equity stake in ETI. The transaction, subject to regulatory approval, represents a strong vote of confidence in the...
In a time of rapid economic transformation, Africa’s banking sector is emerging as a strategic pillar for development and regional integration. The continent’s top 30 banks, spanning both mature markets and fast-growing economies, are posting strong performances fueled by diversified portfolios, demographic growth, and the rise of intra-African trade. Their influence now extends far beyond...
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