Africa Matters

Renault announces eight new models for global markets

With the new Renault Group modular platform, the carmaker aims to build cars between four and five metres in length with various powertrains. French carmaker Renault has announced that it will invest €3 billion (over Rs 26,000 crore to launch eight new models outside Europe for global markets by 2027. Out of these eight, five will be from the…

Read More

CMA, Kenya Development Corporation sign financial deal to support SMEs

The MoU will help the two parties to promote greater utilisation of the capital markets through structured financial products by corporates, including SMEs The Capital Markets Authority (CMA) and the Kenya Development Corporation (KDC) have signed a new Memorandum of Understanding (MOU)  The MoU will help the two parties to promote greater utilisation of the capital markets through structured…

Read More