World Bank Group appoints Nathan Belete as the new Country Director for Malawi, Tanzania, Zambia and Zimbabwe

11-10-2022 | 09:47:13
Mr. Belete is an Ethiopian national and a development professional with over 25 years of work experience across Africa, East Asia, and South Asia.

[Column] Gbenga Okejimi: The global benefits of online transfers in Ghana

11-10-2022 | 09:38:10
A combination of rapidly evolving technology and the restrictions imposed by the COVID -19 pandemic has resulted in nothing short of a revolution in the online money transfer sector.

[Column] NJ Ayuk: How Africa can capitalize on its mineral wealth to develop an electric vehicle value chain

11-10-2022 | 07:20:57
As the entire global transportation marketplace marches toward an increasingly electrified and battery-powered future, many countries across the African continent stand at the threshold of profound economic opportunity.

ICIEC signs landmark cooperation MoU with AFC for climate change action projects in Africa.

11-10-2022 | 07:17:48
ICIEC signs landmark cooperation MoU with AFC to promote the origination, financing and execution of climate action projects in the African Member States utilizing ICIEC’s De-Risking Solutions.

[Column] Cathy Smith: Empowered employees walk the talk on social impact

11-09-2022 | 10:47:38
But social impact requires more than just a clear sense of purpose. It requires concerted action to redirect resources and effort toward activities that hold the greatest potential for positive impact.

Prêt de 247 millions $ de la France pour le projet du métro d’Abidjan

11-09-2022 | 08:52:00
Avec un tracé de 37,4 km, 18 stations, 21 ponts-rails et routes et un pont viaduc, le métro d’Abidjan devrait permettre de transporter 540 000 passagers par jour et de générer 2 000 emplois.

[Kenya] CMA grants consent for the registration of Etica Unit Trust Funds

11-09-2022 | 07:54:40
The Capital Markets Authority (CMA) has granted consent to Etica Capital Limited for the registration of the Etica Unit Funds in accordance with Section 30 of the Capital Markets Act

AFD finance le projet « Pour Elles » par une subvention de 12 millions d’euros en RDC.

11-09-2022 | 07:33:00
Pour soutenir l’autonomisation économique des femmes et révéler le potentiel de leurs entreprises, le groupe AFD finance le projet « Pour Elles » par une subvention de 12 millions d’euros.

La Team Europe appuie le Sénégal dans ses efforts d'accès universel à l'ectricité en 2025

11-09-2022 | 07:24:00
Le Ministère de l’Economie, du Plan et de la Coopération et l’Agence française de développement (AFD) ont signé une convention de financement visant à améliorer l’accès à l’électricité dans les concessions d’électrification rurale de la Senelec de Matam et de Ziguinchor, pour un montant de 30 millions d’euros (19,5 milliards FCFA).

Afreximbank announcesd US$1.5 Billion financing programme to Botswana

11-09-2022 | 07:08:00
African Export-Import Bank (Afreximbank) has announced a historic lending arrangement to Botswana, in the form of a three-year Country Programme of up to US$1.5 billion(on a net basis), with funding for up to seven years for eligible transactions.

La Fondation Ecobank et ONU Femmes pour la promotion de l’autonomisation des femmes en Afrique

11-08-2022 | 20:19:00
La Fondation Ecobank et ONU Femmes vont dérouler ensemble une série d’activités de sensibilisation, de plaidoyer et des actions allant dans le sens de la lutte contre les violences à l’égard des femmes et des filles dans plusieurs pays d’Afrique

Africa Investment Forum 2022 suscite 31 milliards de dollars d’intérêt d’investissement

11-08-2022 | 19:59:00
Cette année, les Market Days de l’Africa Investment Forum ont attiré 31 milliards de dollars d’intérêt de la part des investisseurs africains et mondiaux avec 63,8 milliards de dollars d’intérêt d’investissement mobilisé en 2022.

Crypto Association with financial highs

11-08-2022 | 11:50:00
Virtual currencies are a new payment system that allows you to make online payments without going through banks or other financial institutions.

Reasons resulting in crypto scams worldwide

11-08-2022 | 11:45:00
Virtual currencies may be the future of money, but they still have a long way to go before they're ready for mainstream adoption. Here are some of the biggest challenges facing virtual currencies today:

TDB extends $10m trade finance to NMB Bank to support exporters in Zimbabwe

11-08-2022 | 11:17:00
The Eastern and Southern African Trade and Development (TDB) has extended a 3-year $10 million trade finance line of credit to support NMB Bank’s corporate clients in export-focused sectors of the economy.

AfDB issues $50m credit line to FCMB to support SMEs and women-owned businesses in Nigeria

11-08-2022 | 08:46:00
The African Development Bank signed an agreement with First City Monument Bank (FCMB) for a $50 million line of credit to support access to finance for small and medium-sized and women-empowered enterprises in Nigeria.

IFC partners with CRDB Bank to support small businesses, create jobs in Burundi

11-07-2022 | 14:53:00
IFC and CRDB Bank Burundi have partnered to expand access to finance to smaller businesses, especially micro and small enterprises in the agribusiness sector, supporting economic growth and job creation in the country.

IFC appoints Olivier Buyoya as Regional Director for West Africa

11-07-2022 | 14:36:00
IFC has appointed Olivier Buyoya as the new Regional Director for West Africa. In his new role, Buyoya, who will cover 13 countries in the region, will lead IFC's strategy and operations to spur private sector development and opportunity.

[Column] Ivan Kanyali: How diaspora remittances have shaped Kenya's economy

11-07-2022 | 12:48:00
Central Bank of Kenya (CBK) data further shows that in the first nine months of 2022, remittance inflows equaled USD 2.9 billion, a slight improvement from USD 2.7 billion in the first nine months of 2021.

World class film and studio complex to be built in Nigeria

11-07-2022 | 12:00:39
Afreximbank signs deal with Silverbird Entertainment for the construction of a world class film and studio complex in Nigeria.