Chery has announced a multi-million dollar investment in the former Nissan facility in Rosslyn, which is expected to lead to the first cars rolling off the assembly line in 2027. This move indicates Chery's commitment to establishing a long-term presence in the automotive market.

According to Business Times, the aggregate value of private equity (PE) reached $154.6 billion in Q1 2026, marking a 12.6% increase, driven by AI equity rounds from companies like OpenAI and Anthropic. However, the total number of global transactions decreased by 22%, resulting in 614 deals during the same period.

According to Business Times, AI equity rounds, particularly involving companies like OpenAI and Anthropic, contributed to a 12.6% increase in private equity aggregate value, reaching $154.6 billion in Q1 2026. However, the overall number of global transactions decreased by 22%, totaling 614 deals during the same period.

According to SABC Business, Chery, a Chinese motor manufacturer, has taken over the Rosslyn plant previously operated by Nissan. This move has been described by Mashatile as a vote of confidence in South Africa's automotive industry.

Absa Bank Kenya and Unilever Kenya have entered into a KSh 4 billion financing agreement aimed at improving access to working capital for distributors and retailers. This initiative is intended to enhance Kenya's consumer goods value chain and support the growth of small and medium-sized enterprises (SMEs).

Equity Group shareholders have approved a KSh 21.7 billion dividend payout, representing a 35.5% increase from 2024. Additionally, the shareholders authorized the establishment of three new insurance subsidiaries in Kenya and the Democratic Republic of Congo.