Europe’s most valuable fintech company announced its intention to expand into South Africa in September.

The call comes on the heels of a recent UN declaration that the slave trade was a crime against humanity.

Investors are betting that rising electricity demand will offer lucrative returns on surplus power.

The investment pipeline will support an industry that is expected to add $290 billion a year to the continent’s economy by the end of the decade.

Dangote’s Lagos’ plant produces 3 million metric tonnes of fertilizer annually, a key supplier as the continent seeks to wean itself off imports in the wake of the Iran war.

The company was recently valued at $3.3 billion, and despite public interest in an IPO the CEO said a listing is not imminent.

Mutapa said it secured $75 million from Zimbabwean banks to raise output from a key pit located to the northwest of Harare.

The firm will begin producing the majority of its components on the continent by next year, its CEO told Semafor.

The company’s refinery aims to raise $5 billion from an IPO this year.

The drone delivery company plans to include livestock insemination in its plans to expand across Africa following a successful trial in Rwanda.

The IMF noted that a prolonged war in the Middle East may jeopardize the country’s resilience.

The data underscores the continent’s continuing dependence on foreign capital for private investment.