[Nigeria Business Week] Andrea Ayemoba: Telecoms slide into banking, Central Bank ups interest rates
The last few days have shown us developments and setbacks, statistics that show growth on the one hand and room for improvement on the other.
One of the primary ways that women can feel unsafe when using mobile technology is through mobile-related harassment, including unsolicited phones calls and text message.
The African Development Bank is pleased to announce the appointment of Ms. Malado Kaba as Director of the Gender, Women and Civil Society Department of the African Development Bank.
Africa’s urbanization rate has reached a record high with the continent being the most urbanized globally.
The elective general assembly of United Cities of Local Government of Africa (UCLG Africa) has elected the new office bearers of the organization.
For the very first time, a matchmaking permanent platform between African local authorities and investors interested in local Africa was launched.
The President of the Alliance for a Green Revolution in Africa, AGRA, Dr. Agnes Kalibata, has been selected as one of 16 eminent members of the Climate Overshoot Commission.
Women were on the spotlight during The Women’s Day at the Africities 9. Improving women’s rights till the continent achieves gender equality is achieved, is one of the main ambitions of UCLG Africa.
The fund is launched in addition to HSBC Roar program to help women entrepreneurs address business challenges. For that purpose, it will provide funds and technical support.
Merck Foundation with African First Ladies and Ministries of Health offers 650 scholarships to Africans
Merck Foundation marks World Hypertension Day 2022 in partnership with African First Ladies, Ministries of Health, Medical Societies and Academia, through their long-term commitment toward building Cardiovascular, Diabetes, and Endocrinology care capacity in Africa.
GEA and IE Africa Center have announced a partnership to promote the economic empowerment of women in Ghana by focusing on providing leadership and development training for women entrepreneurs.
Barbadian singer, songwriter, actress, fashion designer and businesswoman Robyn Rihanna Fenty (Rihanna), announced the launch of her Fenty Beauty and Fenty Skin products across eight African markets.
Isuzu appoints Penelope Mkhwanazi as Senior Vice President: Revenue Generation for Africa and international markets
Penny's impressive work experience spans over 20 years in various industries such as manufacturing, mining, construction, fast-moving consumer goods, and entrepreneurship.
MicroLoan Foundation has launched its latest campaign, EmpowerHer, in a bid to help 50,000 female entrepreneurs in Africa.
The Ecobank Group launches ‘Ellevate’, a programme for women-owned and women-focused businesses across 33 markets.
The Kenya Revenue Authority (KRA) has appointed Rispah Simiyu as the new Commissioner for Domestic Taxes, effective 22nd October 2020.
The African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) program has agreed a partnership with the African Guarantee Fund (AGF) to unlock $1.3 to 2 billion in loans to women-owned SMEs in Africa.
The European Investment Bank and other multilateral agencies have signed an agreement with Development Partners International LLP (DPI) to become the first 2X Flagship Fund.
Plus de 200 entreprises africaines ont participé, dans la capitale économique camerounaise Doula, au démarrage de ce concept de promotion de la femme entreprenante dans la sous-région Afrique centrale.
Islamic Development Bank approves $320.6m for development projects in Sierra Leone, Burkina Faso, Yemen and Indonesia
The Islamic Development Bank approved $320.56 million in financing to new development projects in water and sanitation, health, roads and women empowerment in Sierra Leone, Burkina Faso, Yemen and Indonesia.
Sola Yomi-Ajayi, the CEO of the United Bank for Africa (UBA)’s operations in the United States, has been appointed to the Export-Import Bank of the United States (US EXIM) Committee on Sub-Saharan Africa for 2020/2021.
The U.S. International Development Finance Corporation (DFC) approved investments this quarter totaling more than $2.5 billion across nine projects that will advance development in Africa, Latin America, and emerging markets across the globe.
The Chartered Institute of Management Accountants (CIMA), has recently announced that Stella Oye has been elected as the first female chairperson of its Ghana branch.
The Upper East Region is a less traditional alcove of Ghana where communities are more open to women taking part in commercial activities. Its neighboring Northern Region is more conservative.
IFC, a member of the World Bank Group, and insurance company Leadway Vie Côte d'Ivoire announced a partnership to increase access to life insurance for women in Côte d'Ivoire and create jobs for women as insurance brokers in the country.
The African Development Bank (AfDB) appointed Paula Santos Da Costa as Acting Director, Office of Integrity and Anticorruption, effective 14 January 2021.
The African Development Bank (AfDB) approved a grant of $11.26 million to the Government of Chad to finance the Girls' Education and Women's Literacy Project - the first Bank grant exclusively targeting women and girls.
The U.S. International Development Finance Corporation (DFC) Chief Executive Officer and Prosper Africa Executive Chairman Adam Boehler announced a series of efforts to expand U.S. investment in Morocco.
An economist and development expert, Aissa Touré a Senegalese national, brings to the Bank over 25 years of experience, working in three continents and 12 countries for 5 international organizations.
Standard Bank Namibia has appointed its Head of Personal and Business Banking, Mercia Geises, as its new Chief Executive Officer, effective 1 May 2021.
The African Development Bank (AfDB) approved financing for $14.96 million project to help women in Sudan access finance and grow their businesses.
The ECOWAS Commission has combined efforts with the International Trade Centre (ITC) SheTrades Initiative to launch the ECOWAS – ITC SheTrades project.
Ecobank lance son Programme de formation pour accompagner les entreprises dirigées par des femmes en Afrique
La Banque Commerciale Ecobank, qui fait partie du Groupe bancaire panafricain Ecobank, a lancé son Programme de formation au leadership Ellever en partenariat avec le Global Business School Network (GBSN).
40 women-led small businesses received training today on using technology to grow their digital businesses.
Rawbank à travers son programme Lady’s First encourage l’entrepreneuriat féminin et amplifie la place de la femme dans le secteur des mines dans une approche d’une économie circulaire.
Ecobank Commercial Banking has launched its Ellevate Leadership Training Programme in partnership with the Global Business School Network (GBSN).
The newest digital training centres of the African Development Bank’s Coding for Employment program will set aside half of their initial training slots to women applicants.
The Women Entrepreneurs Finance Initiative (We-Fi) has announced a $15 million funding to the African Development Back’s Africa Digital Inclusion Facility(ADFI)
To boost access to finance for women-owned micro, small and medium-sized enterprises in Tanzania, IFC invested in sub-Saharan Africa's first Gender Bond listed by Tanzania's NMB Bank Plc.
The Managing Director of Afreximbank’s Intra-African Trade Initiative Division, has been named among the 100 outstanding women leaders in Nigeria.
MTN Group is pleased to announce further progress in its efforts to drive gender equality by partnering with United Nations (UN) Women and joining the HeForShe Alliance in a drive to enhance its gender efforts.
We-Fi announces $15m funding round to support women entrepreneurs in Cameroon, Egypt, Kenya, Mozambique and Nigeria
We-Fi announced a new round of funding of $15 million to develop and extend digital financial solutions to women-owned small and medium businesses in Cameroon, Egypt, Kenya, Mozambique and Nigeria.
WIC Capital, spécialisée dans le financement des entreprises dirigées par des femmes au Sénégal et en Côte d'Ivoire, a accordé une avance remboursable de 120 millions de francs CFA (environ 200 000 USD) à 13 PME au Sénégal.
Impact investment firm WIC Capital specialized in financing women-led businesses in Senegal and Côte d’Ivoire granted XOF120 million (about US$200,000) of repayable advance to 13 SMEs in Senegal.
[ Cameroun] BAD soutient l’intégration des questions de genre dans le Plan d’investissement forestier
La Banque africaine de développement en collaboration avec les Fonds d’investissement climatiques et le ministère de l’Environnement, de la Protection de la nature et du Développement durable du Cameroun a organisé un atelier de validation du Plan d’investissement forestier .
Five hundred and fifteen girls in Kenya, South Africa, Ghana and Nigeria participated in a Mastercard's Girls4TechSTEM curriculum
Mastercard recently hosted its first digital Girls4Tech Connect Marathon in Sub-Saharan Africa to inspire and prepare 515 girls aged 7-12 to pursue careers in Science and Technology.
Medicines360, Population Services International (PSI), and Society for Family Health (SFH) announced the launch of Avibela (levonorgestrel-releasing intrauterine system) 52 mg in Nigeria.
[Sénégal] Hauts responsables de la BAD Saluent les Programmes d’Entrepreneuriat des Jeunes et des Femmes
Deux vice-présidents du Groupe de la Banque africaine de développement , Beth Dunford et Solomon Quaynor saluent les programmes d’entrepreneuriat des jeunes et des femmes qui augmentent les revenus et renforcent la sécurité sociale des femmes et des jeunes au Sénégal.
Through a credit line and portfolio guarantees amounting to a TZS182 billion commitment, Proparco will help boost CRDB Bank’s capacity to support micro, small and medium-sized enterprises (MSMEs) in Tanzania.
Pivotal moments in history have brought manufacturing to where it is today, and women have played an important part in the sector’s evolution over the years.
On-demand transport platform Bolt has rolled out the second edition of its Women in Tech internship program in Kenya.
Le président du Groupe de la Banque africaine de développement, M. Akinwumi A. Adesina, a déclaré aux femmes participant à une conférence qu’elles font partie d’une révolution en marche en Afrique.
To support the development of new technologies in the Kingdom and make digital more accessible to all, Orange Maroc and the German Cooperation has inaugurated in Rabat, the first “Orange Digital Center” (ODC) in Morocco.
AGRA has begun accepting applications for the 2022 Women Agripreneurs of the Year Awards (WAYA), which recognizes female entrepreneurs excelling in different segments of the agricultural value chain.
Google and the Tony Elumelu Foundation (TEF) have announced an inaugural Google.org Fellowship to provide 1 million more people in Africa with access to TEFConnect, as part of TEF's mission to support young entrepreneurs from all 54 African countries.
Proparco has invested $10 million in the African Guarantee Fund (AGF) to support the Affirmative Finance Action for Women in Africa (AFAWA) initiative launched to increase access to finance for women entrepreneurs.
Since Safaricom and Vodafone launched the service in Kenya back in 2007, M-PESA has grown to more than 51 million customers.
It's broadly recognised that firms with a greater gender diversity among senior leadership perform better, a view that is supported by existing research.
Standard Chartered Bank in partnership with Strathmore University’s @iBizAfrica Incubation Centre has opened applications for the 5th cohort of its Women in Tech incubator program.
Buy-now-pay-later (BNPL) company Lipa Later operating in Kenya, Rwanda, Uganda and Nigeria, has announced it will be offering all it’s employees 6-month paid maternity leave effective April 1st 2022.
IFC launches Africa fragility initiative to promote responsible private sector development in Africa
IFC announced the launch of the Africa Fragility Initiative (AFI), a five-year program dedicated to supporting responsible private sector-led growth and job creation across 32 African countries affected by fragility and conflict.
Claudia Castellanos is the Co-Founder and CEO of Black Mamba, an Eswatini-based brand that manufactures and distributes specialty food products such as chilli sauces, pestos, chutneys and jams among others.
26 startups selected to join African Tech Vision’s 2nd Mentorship Program for African Female Founders
African Tech Vision, a non-profit-organization supporting early-stage female tech founders, has announced 26 startups that will be joining its 2nd Mentorship Program.
As part of the events planned for this year's International Women's Day on March 8, Microsoft will host a three-day international digital camp targeting girls in the fields of Science, Technology, Engineering and Mathematics (STEM).
Over 1000 women SME owners across Nairobi County have benefited from a five-day financial training tour designed to help women entrepreneurs running small businesses strengthen their financial situations in the post-pandemic era.
Africa and Asia are the home of mobile money, where the shift to digital wallets is in full swing in countries with high smartphone penetration.
MTN Rwandacell Plc (MTN Rwanda) launched the 3rd edition of Connect Women in Business (CWiB) Initiative ahead of Women’s month in March in partnership with the National Women Council, AEE and NUDOR.
[Africa Tech Review] Nixon Kanali: More African countries are competing for a share of the continent’s data center market
This week, Acronis, a global player in cyber protection announced the availability of a new Acronis Cyber Cloud Data Center in Lagos, Nigeria.
UK’s Development Finance Institution (DFI) CDC announced a $100 million finance facility to First Bank of Nigeria (FirstBank), to direct funding to women-owned and led businesses as well as to local small and medium-sized enterprises (SMEs) in Nigeria.
Pamela Djamson-Tettey has been appointed as the new Managing Director of Ghana Airports Company.
Mastercard Women SME Leaders Awards 2022 est ouvert aux candidatures d'entreprises appartenant aux femmes
Pour célébrer leurs réalisations, Mastercard a annoncé la première édition des Women SME Leaders Awards 2022, la première initiative du genre à reconnaître et à autonomiser davantage les PME détenues et gérées par des femmes au Moyen-Orient et en Afrique.
Mastercard Women SME Leaders Awards 2022 is open for nominations from women-owned and run businesses in the region
As a celebration of their achievements, Mastercard has announced the inaugural Women SME Leaders Awards 2022, the first initiative of its kind to recognize and further empower women-owned and run SMEs in the Middle East and Africa.
Bloomberg Philanthropies announced a partnership with CARE to expand existing Village Savings and Loans Associations (VSLAs) for agricultural funds in Tanzania, Rwanda, and Democratic Republic of the Congo
Miss.Africa Initiative led by DCA Academy has announced that it is extending the application deadline for its Miss.Africa Seed- Fund Impact programme to March 15th, 2022
AfDB et ONU Femmes signent une convention de $4 millions pour soutenir les femmes en Afrique de l’Ouest
L'AfDB à travers son Initiative pour favoriser l’accès des femmes au financement en Afrique (AFAWA), une convention de financement de quatre millions de dollars américains avec ONU Femmes pour soutenir l’accès des femmes entrepreneures aux marchés publics en Afrique de l’Ouest.
During a three-day virtual workshop, twelve participants discussed their interest in exploring social and environmental topics that are important to them individually and to their communities.
Half of women working in technology believe the effects of COVID-19 have delayed their career progression, despite a similar percentage believing that much needed gender equality is more likely to be achieved through remote working structures.
FinDev Canada announced a $20 million loan to Ecobank Transnational Incorporated, the parent company of the Ecobank Group, to strengthen its digital finance operations and help SMEs in Africa.
QED Investors, a global venture capital firm focused on investing in disruptive financial services companies, has hired Chidinma (Chid) Iwueke to support domestic and African investments.
IBM has announced the appointment of Marwa Abbas as General Manager for IBM Egypt. Ms. Abbas succeeds Wael Abdoush, who has been appointed as General Manager for IBM Gulf, Levant and Pakistan.
To help tackle the financing gap that women entrepreneurs still face IFC and the Women Entrepreneurs Finance Initiative launched a new call for applications for IFC ScaleX, that will provide an award of up to $25,000.
The World Bank Group and the Consumer Technology Association (CTA) announced the winners of The Global Women's HealthTech Awards.
Some of Egypt’s most talented students are building their future and their country’s with experience acquired from an American scholarship program.
Absa Bank Kenya, in collaboration with the German Development Cooperation have launched a KES 50 Million program aimed at increasing growth and competitiveness of 1,500 women-owned SMEs.
Africa50, the pan-African infrastructure investment platform, announced the appointment of Zurina Saban as General Counsel and Corporate Secretary.
To spur private sector growth and promote access to finance in Kenya, including for women-owned businesses and businesses focused on addressing climate change, IFC announced a partnership with Bank of Africa Kenya.
Safaricom partnered with Google and Transsion, the company behind TECNO, Infinix and itel to add new devices under its Lipa Mdogo Mdogo smartphone financing plan
IFC has partnered with Bank of Africa Kenya (BOA Kenya) to spur private sector growth and promote access to finance in Kenya, including for women-owned businesses and businesses focused on addressing climate change.
Meta has announced a new partnership with HerHustle to launch a program to equip women entrepreneurs in Kenya with the knowledge and digital skills to grow their businesses online.
IFC and ADGM launch initiative to boost opportunities for women-led startups and businesses across MENA
IFC and Abu Dhabi Global Market (ADGM) launched She Wins Arabia, an initiative to help women-led startups across the Middle East and North Africa (MENA) get the advice, finance, and mentorship they need to grow.
The African Development Bank announced the appointment of Patricia N. Laverley as Country Manager, designated for the Tanzania Country Office.
Accenture, Dubai Cares, Microsoft and UNICEF announced the launch of a global, digital learning platform for young people.
Ericsson pledges to support one million young people by 2025 with access to digital learning and skills
Ericsson announces a major new commitment to empower one million children and young people by 2025 through access to digital learning, tools, content and development programs.
Au pied des dunes qui entourent Nouakchott, hommes et femmes se retrouvent, chaque soir, autour d’une viande grillée et d’un thé, pour un moment de détente.
FMO and Collaborative for Frontier Finance partner to launch an Emerging Capital Allocators project across Africa
The project will provide an opportunity for more aspiring fund managers, particularly in Ghana, Morocco and Tanzania, to gain the necessary experience to start raising capital, managing assets, and closing deals.
[Nigeria Business Week] Andrea Ayemoba: Industries unanimously look toward renewable, sustainable practices
The Covid-19 crisis has been cause for numerous economic slumps round the world; companies were shut down, production halted, industries crippled and prices skyrocketed the world over.
Israeli femtech startup illumigyn partners with Peramare Pharmaceuticals to bring innovative gynecological imaging platform to Nigeria
illumigyn, world's first remote gynecological imaging platform, announced its new distribution agreement with Peramare Pharmaceuticals Nigeria, to deploy 5,000 Gynescopes in Nigeria by 2026.
Standard Chartered appoints Bongiwe Gangeni to lead Consumer, Private and Business Banking for Africa, Middle East, Europe region
Standard Chartered has appointed Bongiwe Gangeni as Head, Consumer, Private & Business Banking (CPBB), Africa & Middle East, and Europe (AME/E), subject to regulatory approval.
The Ecobank Group, the leading pan-African banking group, has won two awards with its Ellevate Programme.
Le Groupe Ecobank, premier groupe bancaire panafricain, a remporté deux prix pour son programme « Ellever »