Thinking Of Moving To Africa? Here’s How To Invest In Real Estate On The Continent

by Dana Givens | Black Enterprise

Travel to Africa has become increasingly popular over the last few years, thanks to everything from captivating images shared by travel influencers on social media to thousands flocking to Ghana to celebrate the Year of The Return. The travel movement has inspired many to not only visit African countries but relocate there permanently. More and more African Americans are moving to different countries on the continent and taking advantage of expat work opportunities to create a life outside of the U.S.

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MEET THE YOUNG WOMAN WHO LEFT THE U.S TO OPEN A FOOD TRUCK IN GHANA

by Dana Givens

2019 marked the Year of the Return in Ghana. The tourism campaign called for descendants of the African diaspora to return to the continent and partake in the rich history that Ghana has to offer. As a result, over one million visitors traveled to the country last year, including famous celebrities, to encourage African Americans and others within the African diaspora to return to their roots.

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Goldman Sachs strikes its first major deal in Kenya with a $23.75 million stake in agro-based firm, Twiga foods

By GEORGE TUBEI

Top American investment bank Goldman Sachs has struck its first major deal in Kenya worth $23.75 million.

Goldman Sachs has acquired a stake in Kenyan start-up, Twiga Foods, following a Sh2.44 billion ( $23.75 million) deal with the agro-based firm.

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US agency awards grant to Kenyan company for feasibility study on 50-megawatt wind power plant

By George Tubei 

The United States Trade and Development Agency (USTDA) has awarded a grant to Kenya’s Craftskills Energy Limited for a feasibility study to develop a 50-megawatt wind power plant with integrated battery storage capacity in Kajiado, Kenya.

Actis, a leading investor in growth markets across Africa, Asia, and Latin America, is co-developing the project with Craftskills. U.S. firm Delphos International will execute the study.

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Abbott expands presence in Africa with opening of East Africa HQs in Kenya

Abbott, a leading global healthcare company, announced Thursday the opening of its second office in sub-Saharan Africa at The Watermark – Nairobi Garage Business Park.

The new office will function as the headquarters for the company’s operations in East Africa and is intended to support expanded growth opportunities for Abbott, both locally and in the region. Abbott’s other office in sub-Saharan Africa has been based in Johannesburg, South Africa, since 1940.

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‘I’m Now Doing Business in Ghana – Thanks to AB2020’s Business Mission’

African-American entrepreneur Amirah Allen found her niche in Africa with online health and beauty platform Harima Naturals, which she launched after embarking on AB2020’s Ghana Business and Investment Mission in 2018.

Here, she speaks about how our annual mission helped set her on course to build an e-commerce platform for 100% natural and ethically sourced ingredients from the West African region.

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American investors meet Speaker of Uganda’s Parliament, Rebecca Kadaga

By Henry Sekanjako

The Speaker of Uganda’s Parliament Rebecca Kadaga has implored American entrepreneurs to consider investing in Uganda for improved employment opportunities. Speaking during a meeting with a group of investors from the United States, at parliament Kadaga boasted of the peace and security in the country, which she said is a good environment for foreigners to invest in Uganda. Continue reading “American investors meet Speaker of Uganda’s Parliament, Rebecca Kadaga”