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South African based industrial group, Invicta Holdings, today published its results for the six months ended 30 September 2024.

Stronger rand hits Invicta H1 earnings

The Kenyan shilling (KES) has experienced notable depreciation against the US dollar, currently trading at approximately KES 129.55 to 1 USD as of November 25, 2024. 

State of the Kenyan shilling

The first five years of the current decade have been favourable for investors despite the Covid-19 induced global lockdowns, wars in Eastern Europe and the Middle East and elevated interest rates and inflation. 

UBS Global Wealth Management Q1’25 outlook 

CNBC Africa is joined by Emmanuel Chilombo Kalenga: Managing Director, Enterprise Power Zambia for more. 

EnPower signs Zambia-DRC interconnector financing deal with IFC  

Award winning entrepreneur, Christine Souffrant Ntim, Founder, Global Startup Ecosystem joins CNBC Africa to reflect on the state of entrepreneurship, the role of technology in business expansion and the pathway for emerging markets to access the US

Unlocking the untapped potential of SA’s women entrepreneurs

The Basketball Africa League (BAL) announced that the league’s milestone fifth season will tip off beginning April 5, 2025, at the Prince Moulay Abdellah Sports Complex in Rabat, Morocco. 

Basketball Africa League announces fifth season with first games in Morocco

Rwanda’s efforts towards increasing fintech use and financial access is paying off as the country surpassed it’s targets now achieving over 80 per cent penetration. 

Rwanda on course towards financial inclusion

Kenya’s President William Ruto has cancelled two multi-billion-shilling projects that had been awarded to Indian company Adani after bribery allegations were levelled against the firm. 

Kenyan president cancels Adani mega deals over bribery allegations

A new climate finance goal is expected out of the ongoing COP29 summit in Baku. Developing countries need trillions of dollars for adaptation, mitigation and addressing the climate crisis. 

Loss & damage fund key to Africa’s just green transition

The Founder of MainOne, Funke Opeke says shared infrastructure, lower costs and eliminating regulatory barriers are vital to ensure a thriving tech ecosystem in Nigeria.

Opeke: Shared infrastructure, lower costs vital to market access

The CEO of Northcourt, Ayo Ibaru says real estate investors will adopt a wait and see approach in the first quarter of next year as they focus on the announcement and execution of the 2025 budget. 

Northcourt: 2025 budget to fuel wait and see approach in Q1’25

Data from Stears shows 73 private market deals were conducted in the third quarter of this year Q3’2024, including 39 deals with a combined disclosed value of $2.27 billion. 

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