Elon Musk Struggles to Operate Internet Business in Africa
Who would have thought that Elon Musk, until recently the richest man in the world, would struggle to operate an internet business in Africa? He has the financial muscle, the lobbying power, and the experience and expertise to run business operations.
Kenya’s Billionaire Narendra Buys Rwanda’s Cement Manufacturer
Kenya’s billionaire and Chairman of Devki Group Narendra Raval has bought Rwanda’s oldest cement manufacturer, CIMERWA Plc.
Where Did All the Money Go for African Startups in 2023?
African startups may have gained popularity in the last decade that they have used this as a leverage to attract the attention of global investors, but 2023 was different.
AMPERSAND RAISED $19.5MN. MY TAKE
It already looks like e-bike startup, Ampersand started 2024 on a good note.
Aterian Plc Bets Big on Botswana’s Mining
London Stock Exchange-listed mining exploration firm Aterian Plc is on a roll. New acquisition and subsequent acquisitions signals success for the company.
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The double-standard in investor-state dispute settlements
Countries, especially those in the Global South, have signed investment treaties to lure foreign investors. These treaties often contain investor-state dispute settlement (ISDS) provisions that lead to governments being sued by foreign investors.
