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Tanzania: East Africa’s New Powerhouse

Global Finance

Tanzania has a reputation for peace and stability compared to [other] countries in East Africa, says Tenda Msinjili, head of banking and finance at law firm Clyde & Co.s billion by 2027. million Official languages: English and Swahili GDP per capita (2023): $1,224 GDP growth (2024, projected): 5.4% Inflation (2024, projected): 3.2%

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COP29: Aliyev’s Moment In The Spotlight

Global Finance

Fitch upgraded the country’s sovereign rating to investment grade in July, to BBB- from BB+, with a stable outlook, and upgraded several Azeri commercial and banking entities, including SOCAR and ABB, the International Bank of Azerbaijan. The multinational development banks are encouraging the shift.

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Kenya: Capital Requirement Rule to Trigger Bank Mergers

Global Finance

This change will open the market to fintechs and digital banks, which is expected to increase market competition and, possibly, bank consolidations as small banks are forced to merge or exit the industry. By 2026, banks will be required to maintain KES10 billion ($77 million) in capital.

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UK Startup Funding 2025: A Guide for Early-Stage Founders

Equidam

With central bank rates elevated, safer assets now offer competitive returns, reducing the incentive for risk-heavy venture capital deployment. Revenue-based financing has emerged as a significant alternative, with the global RBF market projected to reach $42 billion by 2027. billion tech sector showing particular strength.

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Diversified Royalty Corp. Announces Acquisition of US-Based Cheba Hut Franchising, Inc.'s Trademarks, a 10% Dividend Increase, and an Increase in Size of its Acquisition Facility

Benzinga

Amendment to Acquisition Facility DIV amended its Acquisition Facility to increase the size from $50 million to $70 million and extend the maturity date to May 30, 2027, and thereafter to June 17, 2028 (if certain conditions are met). The Cheeb Credit Facility is non-amortizing and has a floating interest rate equal to SOFR + 2.5%

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Ghana: Waiting for FDI

Global Finance

On the political front, Ghanas peaceful election in December means that democracy has come to stay, says Marcel Okeke, former chief economist at Zenith Bank, Nigerias leading lender. billion falls due in 2027. billion in total reserves, the central bank could run out in about three and a half months.

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EdgeMode Secures Merger with BlackBerry AIF to Propel High-Performance Computing Expansion and Scales AI Data Center Infrastructure

Benzinga

MW is targeted to be ready to build (RTB) by Q4 2027. By leveraging its existing relationships with investment banks and initiating strategic M&A transactions, EdgeMode is poised to attract substantial investor interest, thereby enhancing shareholder value and positioning itself as a leader in the AI data center sector in Europe.