Features

Le Centre mondial pour l’adaptation et l'AfDB lancent le concours pour les jeunes Africains 

09-16-2021 | 22:13:00
Le Centre mondial pour l’adaptation (GCA) et la Banque africaine de développement ont lancé la première édition d’un concours « Défi des solutions d’adaptation pour les jeunes Africains »

[Africa Tech Review] Duncan Mochama: Facebook launches a new campaign against fake news in Nigeria

09-16-2021 | 13:59:00
This week, Facebook announced a new partnership with Big Cabal Media and Comic Republic to launch a new campaign against fake news in Nigeria.

[Column] Babatunde Oyateru: Africa should rethink business models for impact and sustainability

09-16-2021 | 12:30:32
Is the corporate goal of an organisation solely to return a profit to its shareholders, or should it be purpose-driven and respond to wider societal needs at the expense of robust profits?

Nigerian Exchange Group MD appoint to the Board of World Federation of Exchanges

09-16-2021 | 08:44:19
With the election, Onyema will serve on the WFE board for a 3-year term, representing Europe-Middle East-Africa (EMEA) region.

Afreximbank commits $500m to support Ethiopian commercial banks

09-15-2021 | 16:05:00
The African Export-Import Bank (Afreximbank) has committed to provide $500 Million to support Ethiopian commercial banks through the Afreximbank Trade Facilitation (AfTRAF) Programme.

Africa Finance Corporation plans $500m Infrastructure Climate Resilient Fund under AFC Capital Partners

09-15-2021 | 11:12:00
As part of its drive to address Africa’s vulnerability to climate risk, Africa Finance Corporation (AFC) has created an independent asset management arm, AFC Capital Partners, with a debut offering: the Infrastructure Climate Resilient Fund (ICRF).

Africa Finance Corporation receives $100m loan from India Exim Bank to spur recovery

09-15-2021 | 11:04:00
Africa Finance Corporation (AFC), the infrastructure solutions provider on the continent, received a $100 million credit line from the Export-Import Bank of India (India Exim Bank) to develop the critical infrastructure required to rebuild Africa’s economies.

La RD Congo et la Banque africaine de développement veulent redynamiser leur coopération

09-15-2021 | 10:58:00
Une mission de haut niveau du Groupe de la Banque africaine de développement, conduite par le directeur général pour la région Afrique centrale, s’est rendue à Kinshasa pour renforcer les relations entre la Banque et la RDC

Prudential plc partners with Invest Africa to support ESG-focused investments in Africa

09-15-2021 | 10:55:55
Prudential plc has partnered with Invest Africa, a trade and investment platform for African markets, to support the development Environmental, Societal and Governance standards.

AfDB approves $50m multinational trade finance risk participation agreement facility for Standard Chartered Bank

09-15-2021 | 10:45:00
The  African Development Bank (AfDB), approved a $50 million Trade Finance Unfunded Risk Participation Agreement (RPA) facility between the African Development Bank and Standard Chartered Bank.

[Burundi] Une usine de briquettes renforce la résilience et la cohabitation dans un camp de réfugiés

09-15-2021 | 09:47:00
Sous l’impulsion du gouvernement du Burundi, le Haut-commissariat des Nations unies pour les réfugiés (HCR) promeut l’utilisation de briquettes comme source d’énergie alternative et durable pour la cuisson.

[South Africa] Sanlam sells UK life and pension business for £39m

09-15-2021 | 09:44:00
The Board of Directors of Sanlam announced the conclusion of agreements between its wholly owned subsidiary, Sanlam UK and Chesnara, for the disposal by Sanlam UK of its 100% shareholding in Sanlam Life & Pensions UK Limited.

InfraCredit admits Leadway as its first private institutional investor in Nigeria

09-15-2021 | 09:29:00
InfraCredit, specialized infrastructure credit guarantee institution, announced $5m equity investment by Leadway Assurance, making Leadway, the first private institutional investor member of the shareholder group in InfraCredit.

Somalia’s economy rebounding from triple shock, World Bank Economic Update

09-15-2021 | 09:07:30
This growth momentum is expected to continue in the medium term and reach pre-COVID-19 levels of 3.2 percent in 2023.

Qatar Financial Centre partners with Rwanda Finance Limited to boost new opportunities in both markets

09-14-2021 | 16:20:19
Qatar Financial Centre (QFC), an onshore financial and business centre in the region, has signed a Memorandum of Understanding (MoU) with Rwanda Finance Limited (RFL) to facilitate initiatives that will promote the international development of both QFC and Kigali International Financial Centre. 

Tanzania increases stake in Shelter Afrique, pays $2.7m additional capital

09-14-2021 | 09:40:00
The pan-African housing development financier Shelter Afrique disclosed that the Government of Tanzania has increased its stake in the company after paying $2.7 million in additional capital.

Afreximbank's FEDA makes inaugural investment into Liquid Intelligent Technologies

09-14-2021 | 09:18:02
The African Export-Import Bank (Afreximbank) announced a minority investment by the Fund for Export Development in Africa (FEDA) into Liquid Intelligent Technologies (Liquid), a pan-African telecommunications technology group.

[Africa Cloud Review] Simon Ngunjiri: Moving to the cloud can cut your security risks

09-14-2021 | 04:44:10
Cloud security,  also known as cloud computing security, is the practice of protecting cloud-based data, applications and infrastructure from cyber attacks. 

EBRD finances 6th of October Dry Port in Egypt under EBRD Green Cities

09-13-2021 | 14:45:33
The European Bank for Reconstruction and Development (EBRD) is supporting the construction of the first inland dry port in Egypt, in 6th of October City, west of Cairo, with a €25 million loan to October Dry Port Company.

[Column] Efayomi Carr: Africa's youth hold the key to the expansion of agritech across the continent

09-13-2021 | 12:52:00
While there are a wide range of agritech innovations that can propel African farmers to profitability, only 23 percent of youth engaged in agriculture are using any form of agricultural technology