Amethis investit dans la société espagnole HB Aesthetics
Soutenu par Amethis, le spécialiste espagnol de produits dermocosmétiques HB Aesthetics prépare son expansion africaine.
IFC to invest in the Africa Conservation and Communities Tourism Fund (ACCT Fund)
IFC invests in the Africa Conservation and Communities Tourism Fund to Support Ecotourism, Conservation in Sub-Saharan Africa
AFC secures US$625 million Syndicated Loan with New Lenders from Middle East and Asia
Africa Finance Corporation, the leading infrastructure solutions provider on the continent, announces that it has secured a US$625 million syndicated loan with new lenders from the Middle East and Asia.
[Nigeria] Arla Foods inaugurates state-of-the-art Dairy Farm in Kaduna
Arla Foods cements commitment to support local dairy development in Nigeria with inauguration of state-of-the-art farm
The launch of Capacity-Building Program to foster economic and financial development of African cities
United Cities and Local Government of Africa (UCLG Africa), in partnership with the African Development Bank (AfDB), is organizing the second phase of its capacity-building program for Chief Financial Officers of African cities.
[Column] Shameel Joosub: Unlocking AfCFTA's potential value
Encompassing 54 countries and 1.3 billion people and accounting for revenue of over US$3.4 trillion in terms of GDP, the AfCFTA’s potential value is enormous.
Africa to become the second-fastest growing region after Asia AfDB report
But the projected growth will depend on global conditions and the continent’s ability to bolster its economic resilience, the African Development Bank’s 2023 African Economic Outlook report has found.
J. Huete international démarre un projet de production horticole sur 20 hectares au Sénégal
J. Huete Greenhouses dirige la construction d’un projet agricole multidisciplinaire de 20 hectares au Sénégal.
Angola Cable et Orange signent une accord de partage d'infrastructures en Afrique de l'Ouest
Angola Cables et Orange ont conclu un accord de partage des infrastructures sur le réseau Ouest-Africain de Djoliba.
[Column]Chinelo Anohu: Change Africa’s narrative through partnerships and investment
Change Africa’s narrative through partnerships and investment, says Africa Investment Forum’s Senior Director.
[Column] Darryl Pietersen: Africa’s digital dividend: The role of technology in remittances
The growth of Africa’s digital economy has resulted in many positive changes.
Sabi raised $38 Million for B2B marketplace serving African retailers
African B2B e-commerce startup Sabi tops $300M valuation in new funding.
Bayobab and Microsoft form strategic connectivity partnership enabling future growth for Africa
Bayobab, formerly known as MTN GlobalConnect to announce the strategic pan-African connectivity partnership with Microsoft.
La Fondation Batonga en partenariat avec la Fondation Mastercard étend ses programmes au Sénégal
La Fondation Batonga d’Angélique Kidjo étend ses programmes au Sénégal pour maximiser sa portée auprès desadolescentes et des jeunes femmes
Banque verte africaine de la Banque africaine de développement: Bénin et Côte d'Ivoire premiers bénéficiaires
La Caisse des dépôts et consignations du Bénin (CDC Bénin) et la Banque nationale d'investissement en Côte d'Ivoire (BNI) seront les premières institutions publiques africaines à bénéficier des premières facilités de financement vert de la Banque verte africaine.
USD 11,70 millions de la BAD pour faciliter l’accès aux engrais des producteurs agricoles africains
Le Conseil d’administration de la Banque africaine de développement a donné son feu vert à la dotation budgétaire de 11,70 millions de dollars au Mécanisme africain de financement du développement des engrais (MAFDE).
Près de FCFA 60 milliards de financement pour de nouveaux projets en Afrique Centrale
La Banque de Dévelopement des Etats de l’Afrique Centrale (BDEAC) a tenu en session ordinaire son Conseil d’Administration pour approver près de FCFA 60 milliards de financement pour de nouveaux projets.
[Column] Gawie Kanjemba: The state of play of African oil and gas
Historically, oil and gas projects are known to experience delays ranging from 5% to 20% of the project duration owing to project complexity, significant capital requirements and the multi-faceted nature of developments.
Société Générale et AGF en faveur de la croissance de l’économie africaine.
African Guarantee Fund et Société Générale ont signé quatre nouvelles conventions de garantie de portefeuilles souscrites par les filiales de Société Générale: Société Générale Cameroun, Société Générale Madagascar, Société Générale Congo et Société Générale Tchad.
Focus Africa Conference to strengthen aviation’s contribution to African development
The International Air Transport Association (IATA) has announced that the Focus Africa Conference will delve into six priorities under IATA’s Focus Africa initiative to strengthen aviation’s contribution to the continent’s economic and social development.
More funds for Côte d'Ivoire and Egypt by ITFC
ITFC Signs Six Agreements Totaling US$101 Million with Côte d'Ivoire, Egypt, Uzbekistan, and KSA.
TDB to launch three new virtual deal rooms with Asoko Insight
TDB to accelerate the financing of infrastructure, health and climate action projects in Africa through three new virtual deal rooms with Asoko Insight.
BOAD autorise de nouveaux engagements pour 173,38 milliards FCFA
Le 135ème Conseil d’Administration de la BOAD autorise de nouveaux engagements pour 173,38 milliards FCFA.
Les investisseurs japonais déclarent vouloir faire plus d’affaires avec l’Afrique
Le gouvernement, les parlementaires, les grandes entreprises et les start-ups du Japon manifestent un intérêt croissant pour investir davantage en Afrique.
FSD Africa, Swiss Re Foundation and National Bank of Rwanda to launch BimaLab Africa Acceleration Program
FSD Africa, Swiss Re Foundation and National Bank of Rwanda launch partnership to boost financial inclusion in nine African countries.
Afreximbank acts as joint lead manager on MCB US$300 million Debut International Senior Bond
frican Export-Import Bank (Afreximbank), through its Advisory and Capital Markets (ACMA) division, has acted as Joint Lead Manager for the debut US$300 million RegS-only international senior unsecured notes issued by Mauritius Commercial Bank (MCB) under its US$3 billion Global Medium Term Note Programme.
GuarantCo closes its first syndication transaction for Africa and Asia infrastructure development
GuarantCo closes its first syndication transaction mobilising the private insurance sector to contribute to bridging the infrastructure financing gap in Africa and Asia
[Interview]: Kim Kamarebe Directrice d'Inua Capital
Kim Directrice d’Inua Capital, Directrice de fonds du réseau IPDEV 2, nous parle des difficultés et des opportunités auxquelles elle est exposée dans sa fonctions et dans son pays, de la place du genre dans le capital investissement et les objectifs et visions pour l’entrepreneuriat.
2023 AFRICA CEO FORUM to be held in Abidjan, Cote d’Ivoire
2023 AFRICA CEO FORUM to be held June 5-6 in Abidjan, Cote d’Ivoire to help shape Africa’s response to global crises
TDF extends financing to PADDC to support Zambian SMEs supplying agribusiness and mining sectors
he Trade and Development Fund (TDF) is extending a USD 2 million facility to Pangaea ADD Capital Limited (PADDC) to finance small and medium-sized enterprises (SMEs) supplying the mining and agribusiness sectors in Zambia.
Swiss Firm partners with APA Insurance to build low cost health products for local communities
Swiss Capacity Building Facility (SCBF) and APA Insurance have partnered with a consortium of local insurance innovators to provide affordable primary healthcare insurance solutions to under-served Kenyans.
GVCA hosts maiden conference to leverage Private Equity for Ghana’s economic recovery
The conference was a platform to illuminate Private Equity as a catalyst for the recovery of Ghana’s economy.
[Column] NJ Ayuk: The outlook for African oil in 2023 is promising
Several years ago, the African energy industry was in survival mode. The COVID-19 pandemic had practically eliminated demand for crude oil, and African exports dropped sharply.
Gabon, Sierra Leone accede to establishment agreement of Afreximbank’s Fund for Export Development in Africa
FEDA, the development impact-focused subsidiary of African Export-Import Bank (Afreximbank), has announced the accession of the Gabonese Republic and the Republic of Sierra Leone to the Fund through their recent respective signing of the FEDA Establishment Agreement.
Ghana, Austria sign key strategic partnership agreements
The President of the Republic, Nana Addo Dankwa Akufo-Addo, and the Chancellor of the Federal Republic of Austria, Karl Nehammer have agreed on key areas of cooperation primary on strengthening existing bilateral ties between the two countries.
CPDIF invests growth capital in the digital infrastructure and digital services sectors in Sub-Saharan Africa
Convergence Partners Digital Infrastructure Fund (CPDIF) invests growth capital in the digital infrastructure and digital services sectors in Sub-Saharan Africa.
AfDB and Africa Fintech Network sign $525,000 grant to strengthen development of fintech in Africa
The African Development Bank has signed a $525,000 grant agreement with Africa Fintech Network (AFN) for the setup of the Africa Fintech Hub, an online portal that will serve as a one-stop shop for all fintech activities in Africa.
Fonds africain de développement et Smart Africa lancent 1,5M $ pour booster l'e-commerce africain
Le Fonds africain de développement et Smart Africa Alliance lancent un projet de 1,5 million de dollars pour améliorer les écosystèmes du commerce numérique et électronique en Afrique
Five Eastern and Southern African countries under negotiation to sign Economic Partnership Agreement (EPA)
Commission reports on eleventh negotiation round with five Eastern and Southern African countries to deepen existing Economic Partnership Agreement
Africa50 et SFI s'unissentpour accélérer la réalisation de projets d'infrastructure bancables an Afrique
Le directeur général de la SFI, Makhtar Diop, et Alain Ebobissé discutent des moyens d'accélérer la réalisation de projets bancables en Afrique
Eni inaugure le projet Congo GNL en République du Congo
Le lancement du projet visant à transformer le pays en exportateur de gaz naturel a été marqué par une cérémonie en présence du président du Congo et du PDG d'Eni.
African Development Bank Group, JICA sign $350 million loan agreement to support Africa’s private sector
The African Development Bank and the Japan International Cooperation Agency (JICA) signed a JPY 44,100,000,000 ($350 million) loan to finance the Bank’s support for private sector operations in Africa.
[column] Chernay Johnson: The hard limits of retail digitalisation in Africa
A tech-enabled solution stack has emerged across the retail value chain, spanning solutions which are addressing inefficient sourcing and distribution systems, payments, inventory management, discovery functions, and a whole lot more.
Lepelle Northern Water and the Infrastructure Fund to invest R4.6 billions in the first phase of the Olifantspoort
Lepelle Northern Water and Infrastructure Fund Sign Memorandum of Agreement for Funding for Olifantspoort/ Ebenezer Bulk Water Project Phase 1
TDB and Finnfund working together for investment development in Africa
TDB Group has signed a Memorandum of Understanding with Finnfund, a Finnish development financier and impact investor, to promote investments that contribute to the UN Sustainable Development Goals in key projects in TDB member states.
[Column] Anthony Mwangi: Why accelerating circular economy is a no brainer for Kenya
The concept of a circular economy is increasingly being recognized globally as crucial for achieving global sustainability goals.
Ethiopia moves towards liberalization of trade in services
Trade in Services plays a key role in the economic growth and development of a country. Services directly support production but also value chains and create jobs and other economic and non-economic opportunities.
Diot-Siaci et Amethis entrent au capital du courtier d’assurance marocain ASK Gras Savoye
Diot-Siaci se renforce à l’international en s’alliant au fonds Amethis pour acquérir une participation dans le Groupe Ask Gras Savoye.
Cassava Technologies pledges R4.5 billion in investment into the South African economy
Cassava Technologies has pledged a total of R4.5 billion in investment in South Africa through its business units – Liquid Intelligent Technologies, Africa Data Centres and Distributed Power Africa.
Backbase gathers fintech and banking experts in Johannesburg next month
The inaugural African event will be held on May 16 with international and regional innovation leaders.
Export Launchpad Uganda to open doors for women-led SMEs to global markets
The International Islamic Trade Finance Corporation (ITFC), TFO Canada, and the Uganda Export Promotion Board (UEPB) have launched the Export Launchpad Uganda program to provide women-led SMEs with the necessary tools and knowledge to expand their businesses in international markets.
Nigeria Sovereign Investment Authority and Vitol to launch CarbonVista
The Nigeria Sovereign Investment Authority and Vitol have completed a joint venture agreement to invest in a range of carbon avoidance and removals projects and are in the process of reaching a final investment decision on the first projects.
Hybrid Equity, a division of Old Mutual Alternative Investments funds Enable Capital
Hybrid Equity, a division of Old Mutual Alternative Investments (OMAI), is taking up a significant stake in the capital structure of Enable Capital, a short-term funder that uses innovative technology as a distribution platform.
Airtel Rwanda and UNICEF Rwanda team up to increase access to digital learning for school children in Rwanda
Airtel Rwanda and UNICEF Rwanda has announced a partnership to help accelerate the roll-out of digital learning through connecting schools to the internet and ensuring access to learning platforms in Rwanda.
La BAD mène des consultations pour la mise en place de sa stratégie sur les mini-réseaux au Sahel
En marge du Forum d’investissement pour l’accès à l’énergie, tenu à Abidjan, la Banque africaine de développement a organisé sur deux jours des consultations avec les acteurs du secteur des mini-réseaux en Afrique.
Kenya, Congo and Chad Accede to Afreximbank’s FEDA Establishment Agreement
The Republics of Kenya, Congo and Chad are the latest signatories to the Establishment Agreement of the Fund for Export Development in Africa (FEDA), the development impact-oriented subsidiary of African Export-Import Bank (Afreximbank).
More investments to bolster infrastructure, energy security, food security, and healthcare from DFC
The transactions will support U.S. foreign policy and development priorities across the globe, including enabling sustainable infrastructure and energy security, advancing food security and agricultural innovation, supporting small businesses, and improving healthcare.
BOAD va accorder plus de 41 millions € pour la sécurité alimentaire au Sénégal et au Niger
La Banque Ouest Africaine de Développement (BOAD) vient d'octroyer des financements de 11 milliards FCFA (16,8 millions €) au Sénégal et de 16 milliards FCFA (24,4 millions €) pour la résilience à l'insécurité alimentaire et nutritionnelle au Sahel.
[Report]: Mobile money taxation could hamper financial inclusion gains in Africa
Mobile money services have transformed the lives of many people across the African continent but taxation policies pose a significant challenge to the financial inclusion gains made by these innovations.
FSD Inject Sh268bn in affordable housing and energy project
FSD has injected £1.9 billion (Sh268 billion) of long-term capital to SMEs, in the last 10 years towards affordable housing and sustainable energy projects.
Africa Mobile Networks conclut un accord financier de US$20M pour améliorer la communications dans les zones rurales d'Afrique
Africa Mobile Networks Limited annonce qu'elle a atteint la clôture financière de son prêt garanti de premier rang d'un montant de 20 millions de dollars.
[Africa Business Communities Forum] How are the 2023 elections affecting businesses in Nigeria?
With the end of the first quarter here, Africa Business Communities talks with business owners and CEOs in Nigeria on the effect this year's elections is having on the economy at large.
Syngenta Group launches “Shoots by Syngenta™” for innovative agriculture
Syngenta Group launches new agricultural innovation collaboration and accelerator platform to address critical scientific and technological challenges.
Afreximbank’s insurance subsidiary, AFREXInsure, secures its first transaction
AfrexInsure has completed its first insurance policy, facilitating the issuance of all-risk construction insurance cover to Oman Shapoorji Company in relation to the construction of the Afreximbank Africa Trade Center in Harare, Zimbabwe.
BOAD autorise de nouveaux engagements pour un montant global de 242 milliards FCFA
Le Conseil d’Administration de la BOAD tient à Bissau la première session de l’année de son cinquantenaire et autorise de nouveaux engagements pour un montant global de 242 milliards FCFA.
Africa Mobile Networks reaches financial close of $20M to improve mobile communications towers in rural Africa
Africa Mobile Networks Limited to announce that it has successfully reached financial close on their US$20million senior secured loan facility.
EBRD and ACAMS step up anti-financial crime training in North Africa and Middle East
EBRD and ACAMS launch two scholarship programmes for anti-money laundering and sanctions compliance training.
Visit Rwanda signed a new deal
The Rwanda Development Board (RDB), through the Visit Rwanda campaign signed a Memorandum of Understanding with the Veteran Clubs World Championship where Rwanda will host the next three editions of the football tournament.
British International Investment commits EUR 20 million to The Urban Resilience Fund
A minimum of 85 per cent of investments will support climate finance qualifying projects in African cities.
RMB assists IPP Msenge with project finance debt funding
RMB helps curb the energy crisis with South Africa’s first utility-scale wheeled wind energy project
Equatorial Guinea, Cameroon bilateral agreement signals new era of cross-border cooperation in Africa
The respective Presidencies of Equatorial Guinea and Cameroon have signed a bilateral cooperation agreement, unlocking a new phase of energy security and economic expansion on the back of gas monetization and cross-border collaboration.
[Column] Abiodun Adebimpe: Higher demand for dollars assets in West Africa despite greenback’s ongoing strength
Recent and ongoing global events have created massive demand destruction in crude oil, agricultural products and precious metals such as gold. Supply chains are also still to recover.
[Column] Yaya Deome: What Africa should expect from the Dakar Food Summit
The first step in transforming the food system in the continent of Africa must be to acknowledge and emphasise how urgent it is to make significant changes at the national and international levels.
NMB Bank opted to list Jasiri Bond on Luxembourg bourse
Trading of the bond at the DSE will continue, and the hope is its listing in Luxembourg will attract the attention of global investors on sustainable and gender-based bonds.
[Column] Sithembile Ntombela: South Africa economy could benefit from BRICS enlargement
One of the least known information about the BRICS countries is that the chairmanship of the group is rotated annually amongst its members in accordance with the acronym of B-R-I-C-S.
[Column] Cathy Smith: With change the only constant, leaders will need to be adaptive in 2023
The last few years have revealed the futility of making predictions about what lies ahead. In our uncertain times, the only guarantee is that the world will keep changing, with change coming at an ever-accelerating rate.
[Column] Rajan Shah: Proposed EGMS Tax hike threatens Kenya’s economic growth
The Kenya Revenue Authority (KRA) has proposed an increment of excise duty which as Kenya Association of Manufacturers (KAM) are deeply concerned about.
[Nigeria Business Week] Andrea Ayemoba: Digitization on all fronts, tech takes the lead
There is an obvious, increasing amount of technology awareness, and appeals for more extensive technology trainings in Nigeria.
[East Africa Business Week] Bob Koigi: Improving business competitiveness in the region: The case of TradeMark Africa
As it rebrands to TradeMark Africa, TMA, in its bid to grow its continental footprint, aid for trade institution formerly known as TradeMark East, boasts of having made a lasting mark in East Africa where it has operated for over ten years.
[Nigeria Business Week] Andrea Ayemoba: 2022 statistics outline Nigeria's economic status quo
Despite all the setbacks plaguing economies the world over, Nigeria’s GDP for 2022 is projected to be north of $500billion, the largest in Africa. All eyes are now turned to what these next 12 months could bring Africa’s largest economy.
[Column] Givemore T. Chiwanza: How has the Russia-Ukraine crisis affected Africa?
This Ukraine crisis escalated on 24 February 2022 and has tremendously impacted the global socio-economic terrain. The situation has and will continue to affect the African continent's financial system and food and energy security.
[Nigeria Business Week] Andrea Ayemoba: Investments take priority over all
With global inflation spiraling out of control, every country is working harder than ever to welcome new enterprise and business. Nigeria made great progress in this in recent months.
Growing Crypto Market in South Africa - What Cryptocurrency is best to invest in?
Undoubtedly, trading crypto has become one of the primary sources of income for many people. In South Africa, a few people trade crypto full-time, while most treat it as a side hustle.
Africa is one of the world's fastest growing crypto markets
Analysis by blockchain data platform Chainalysis has revealed that Africa’s crypto market is growing faster than anywhere else in the world.
[Nigeria Business Week] Andrea Ayemoba: Local fintech spreads to East Africa, oil and gas find major milestone
Nigeria, like other countries of the world, is going through some economically turbulent times. Inflation is on the rise (recently pegged at 21.9%) and local startups are directly impacted by financial crises on the other side of the world.
Africa Business Communities Forum: Which African countries will perform best economically in 2022?
Africa Business Communities talked to several entrepreneurs and founders in the early months of the year, and they cast their votes on which African countries will thrive best in 2022.
Africa Business Communities Forum: Quels seront les pays Africains plus performants sur le plan économique en 2022?
Africa Business Communities s'est entretenu avec plusieurs entrepreneurs et fondateurs au cours des premiers mois de l'année, et ils ont voté pour déterminer quels pays africains seront les plus prospères en 2022.
[Column] Goodie M. Ibru: What the AfCFTA brings to the table in Africa
The trade and investment layout of the African Continent is a story of both promise and missed opportunities. With a population of over 1.2 billion, Africa promises a huge and promising market.
[East Africa Business Week] Bob Koigi: Partnerships bolster cross-border remittances and trade
This will also accelerate financial inclusion and remove the barriers around cross-border money transfers.
[Column] Anthony Mwangi: Why Kenya’s inflation adjustment should not be implemented
The Plan demonstrates the government’s deep understanding and commitment to developing sustainable solutions for all. KAM remains committed to working closely with Government to transform the economy.
[East Africa Business Week] Bob Koigi: Investing in women-led businesses
Small and medium-sized enterprises (SMEs) account for an estimated 90% of all businesses in Africa and women own about a third of all registered African SMEs.
[Column] Khethiwe Nkuna: Why investing in women is a smart economic policy
There is a growing body of evidence around the world that shows that gender diversity is linked to innovation in business. An innovation mindset is six times more likely in more gender-equal cultures than in the least equal ones.
Forum de l'African Business Roundtable: Que peuvent faire les gouvernements Africains pour renforcer le secteur privé du continent?
African Business Rountable (ABR), créé par le Groupe de la Banque Africaine de Développement en 1990, est la principale association d'entreprises et de chefs d'entreprise d'Afrique et représente la Société Africaine des Affaires auprès des Nations Unies.
African Business Roundtable, Afreximbank organize free webinar masterclass, September 28
In continuation of the series of webinars that has been ongoing throughout the year, the African Business Roundtable and the African Import Export Bank (Afreximbank) are set to hold yet another webinar on capacity building and investor preparation.
L'African Business Roundtable et Afreximbank organisent un séminaire en ligne gratuit le 28 septembre
Dans la continuité de la série de webinaires qui s'est déroulée tout au long de l'année, l'African Business Roundtable et la Banque Africaine d'Import-Export (Afreximbank) vont organiser un autre webinaire sur le renforcement des capacités et la préparation des investisseurs.
African Business Roundtable Forum: What can African governments do to elevate the continent’s private sector?
The African Business Rountable (ABR), set up by the African Development Bank Group in 1990, is Africa’s foremost and continent-wide association of businesses and business leaders, and is the representative of the African Business Society to the United Nations.
[Column] Percy Letwaba: State’s developmental role puts procurement at center of economy
With the Presidency announcing a raft of measures aimed at attracting foreign direct investment, unlocking local investment, improving capacity-building, and creating new jobs, work is underway to repair some of the damage caused by COVID-19 and to rebuild the economy.
[Column] Margaret Soi: How AfCFTA promises to improve labour mobility and spur wealth creation in Africa
The African Continental Free Trade Area (AfCFTA) was signed on 21st March 2018 in Kigali, Rwanda, by 44 out of the 55 African countries, and brokered by the African Union (AU).
[East Africa Business Week] Bob Koigi: Region’s startups are on an expansion binge
East African startups have been on an expansion drive, raising funding as they seek to tap into emerging opportunities in the region and across Africa while growing their portfolio.
[Interview] Dr. Mohamed El Sahili, CEO, Medland Hospital, Zambia
Dr. Mohamed El Sahili is the Chief Executive Officer of Medland Hospital, Zambia. As a medical doctor and entrepreneur, Dr. Sahili also serves on the board of key economic international organizations like the African Business Roundtable, the American Chamber of Commerce, Zambia, Olympic Youth Development Center and the Africa CEO Forum.