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30-10-2014 22:52:00 | by: Administrator | hits: 13775686 | Tags:

[SA Business Week] Telcos shine at AfricaCom, A2X gains new traders
16-11-2018 | 18:07:00
AfricaCom is Africa’s largest tech, media and telcos annual festival where digital Africa interacts, learns, debates and ultimately make deals.
[Kenya] IFC and TLcom invest $10 million in Twiga Foods
16-11-2018 | 13:05:00
IFC, a member of the World Bank Group, TLcom, and the Global Agriculture and Food Security Program (GAFSP) have announced a $10 million investment in Twiga Foods.
RENEW's Impact Angel Network closes eleventh investment in East Africa
13-11-2018 | 10:46:00
RENEW and members of the Impact Angel Network (IAN) have closed an investment in ET Fresh, LLC.
[South Africa] Vantage backed companies win prestigious awards
13-11-2018 | 08:18:51
Vumatel and Tsebo, two companies funded by Vantage Capital, were recognized as the best medium-size and large-size private equity-backed South African growth champions respectively.
[SA Business Week] Opening businesses to the world, growing markets
10-11-2018 | 12:46:00
In the recent years, South Africa has continued to prove that it is one of the most diverse and promising emerging markets in Africa. The country has become a key global hub for investment, innovation and research.
[Nigeria Business Week] Towards sensible investments, capital pours in from the outside
08-11-2018 | 21:20:00
For a country as populous as Nigeria, the wheels can and should not stop rotating. Supply rarely ever exceeds demand, investors are always welcome and jobs are never surplus.
Johnson & Johnson Launches Africa Innovation Challenge 2.0
08-11-2018 | 10:35:42
Johnson & Johnson has launched the Champions of Science Africa Innovation Challenge 2.0, a continent-wide competition calling on African innovators to submit ideas for innovative technologies, products and solutions that have the potential to create positive impact for African communities.
Nairobi-based Novastar Ventures launches $72.5M fund, launches in Nigeria
07-11-2018 | 09:00:00
Kenyan Venture Capitalist firm, Novastar Ventures has raised $72.5 million for its second fund, Novastar II.
Mastercard Foundation announces new fund to seed young African leaders' ventures
05-11-2018 | 05:01:00
The Mastercard Foundation has announced a new fund that will enable young changemakers to seed and kick-start promising social ventures and community projects, creating economic opportunities for themselves and others.
[Kenya] CMA approves cross-listing of first Rwandese Company on bourse
01-11-2018 | 08:02:00
The Capital Markets Authority (CMA) has granted approval for the cross-listing by introduction of Bank of Kigali Group Plc (BK), a holding company of Bank of Kigali Plc, BK Insurance, BK Capital and BKTecHouse, on the Nairobi Securities Exchange (NSE).
GTR Ventures makes first Africa investment
01-11-2018 | 07:03:18
GTR Ventures, the world's first investment and venture-building platform specialized in trade and supply chain, has announced an investment in Orbitt -- an African-focused fintech deals platform.
Naspers sets up a $9m fund to invest in South African tech startups
01-11-2018 | 06:42:46
South African media conglomerate Naspers has set up a R1.4bn ($96m) Naspers Foundry fund to invest into South African technology startups. The money will fund and support startups seeking to address big societal needs.
E-health startup REMA wins Abidjan round of Seedstars
31-10-2018 | 09:49:00
Collaborative medicine platform REMA has been named the winner of the Cameroon round of Seedstars World. The startup will now represent the country at the Seedstars Summit in Switzerland to compete for up to USD one million in equity investment and other prizes.
The Africa 2018 Forum | 8-9 December 2018 | Sharm El Sheikh | Egypt
30-10-2018 | 12:17:00
Greater economic integration through increased investment flows into Africa
Private sector investments will drive integration
30-10-2018 | 12:08:00
At the Regional Investment Agency (RIA) for the Common Market for Eastern and Southern Africa (COMESA), we are fully committed to drive investment into and across the COMESA region, and Africa as a whole.
[Kenya] CMA launches investigation over KenolKobil PLC take over transaction
30-10-2018 | 07:31:13
The Capital Markets Authority (CMA) has received a Notice of Intention by Rubis Énergie to make a cash offer (the “Offer”) to acquire 100% of the ordinary share capital of KenolKobil Plc.
[SA Business Week] Blockchain to curb Cape Town water issues, taxi operators get a boost
25-10-2018 | 15:26:00
Blockchain technology came into being in the early 2009. This invention was faced with a lot of backlash as most people lacked prior information about it and were therefore not ready to risk investing in it.
[South Africa] Naspers announces new executive leadership for MultiChoice Group
25-10-2018 | 09:32:00
Naspers has announced the executive leadership team for the newly formed MultiChoice Group (formerly Naspers’ Video Entertainment business).
[Kenya] Finnish firm to acquire 20% stake in Cytonn
23-10-2018 | 09:18:00
Finnish financial group Taaleri is set to acquire a 20 per cent stake of private equity investment firm Cytonn. The move is meant to provide the investment firm with a strong anchor investor ahead of its Initial Public Offering (IPO) scheduled for next year.
Blackstone unveils new energy company focusing on North Africa
12-10-2018 | 06:32:26
Private Equity Funds managed by Blackstone has announced a partnership with an experienced management team, to create Zarou, a company fully owned by Blackstone.
[South Africa] JSE embarks on a public consultation process
11-10-2018 | 11:15:00
In response to a range of corporate scandals, speculation and innuendo that have characterised South African financial markets over the past year, the Johannesburg Stock Exchange (JSE) is embarking on a public consultation process.
Pangea launches $50,000 ShelterTech 2018 accelerator program in Kenya
10-10-2018 | 07:27:00
Habitat for Humanity’s Terwilliger Center for Innovation in Shelter, BDO EA and Pangea have launched the ShelterTech 2018 program in Kenya.
Eight African startups selected for the 2018 VC4A Venture Showcase
10-10-2018 | 05:47:04
VC4A has announced the eight Africa ventures that have been selected for the 2018 VC4A Venture Showcase – Series A.
Botswana Stock Exchange chief urges citizen owned businesses to list
09-10-2018 | 09:57:00
Citizen owned companies have been urged to spread the risk of ownership among a large group of shareholders through availing shares publicly.
[SA Business Week] Key sectors appointments and a busy air route
05-10-2018 | 16:19:00
October is already proving to be a great month for the South African business and economy, maybe even greater. With only a week into the month, three South Africans have been appointed for senior positions in the ICT, aviation and engineering sectors.
iCommunity,Egypt's community platform raises $600K in Series A funding
05-10-2018 | 06:45:00
Egypt’s first mobile community platform for the real estate industry iCommunity has announced $600K in Series A funding from Algebra Ventures, Egypt’s largest venture capital fund.
[South Africa] Yoco launches Yoco Capital to offer SMBs cash advances
04-10-2018 | 08:20:00
South Africa-based fintech company, Yoco, today launches Yoco Capital. Yoco Capital provides small businesses with fast, efficient access to a cash advance.
Microsoft Partners with DEMO Africa to empower African startups
27-09-2018 | 07:27:15
Microsoft has teamed up with the Lions@frica initiative of the African Technology Foundation to empower the startups finalists that will be pitching at DEMO Africa 2018.
MEST unveils its fourth tech hub in Nairobi
26-09-2018 | 08:09:00
The Nairobi space will also host the new East African office of its parent brand, a global leader in media intelligence and AI-Driven Outside Insight, Meltwater, who is also expanding into the region.
[South Africa] Prodigy Finance secures R14.39b debt financing in 1year
25-09-2018 | 07:22:19
Prodigy Finance announces that it has raised R14.39 billion in the last twelve months in available debt financing.
OLX Group invests ZAR 1.4 billion in South Africa’s Webuycars
19-09-2018 | 08:46:00
Naspers’ Classifieds business, OLX Group, has announced an investment of ZAR 1.4 billion in South Africa’s specialised car buying service, Webuycars.
The Carlyle Group completes acquisition of Abacus in East Africa
17-09-2018 | 09:32:00
Global alternative asset manager The Carlyle Group has completed the acquisition of a majority stake in AK Life Sciences, Abacus, a pharmaceutical company in East Africa.
Samsung To Mentor 19 South African Start-ups
13-09-2018 | 07:36:00
As part of employee volunteer programme, Samsung has arranged the Global Start-up Acceleration Programme in South Africa, in partnership with (SEDA) and NGO Nangila to mentor start-ups in various fields to support the sustainable growth of entrepreneurs.
Renew announces expansion to Uganda
13-09-2018 | 07:05:00
Renew, a private equity impact investing firm, has announced expansion into its second African country, Uganda.
[South Africa] Vantage Capital exits New GX Capital
07-09-2018 | 11:41:32
Vantage Capital, Africa’s largest mezzanine debt fund manager, has announced that it has fully exited its investment in New GX Capital, a one hundred percent black family owned investment holding company in South Africa.
[Nigeria Business Week] Forging bonds at new levels, China bets higher
06-09-2018 | 20:46:00
At first glance, it seems business as usual, but that could not be farther from reality. Business has never been more positive, rapid, nor disruptive.
[Interview] Francis Vesta, Senior Investment Analyst, Itanna, Nigeria
06-09-2018 | 08:34:00
Francis Vesta is Senior Investment Analyst at Itanna, an offshoot of the Honeywell Group in Nigeria.
[South Africa] Yoco secures Series B raise of $16m, led by Partech
06-09-2018 | 07:52:00
Yoco, the South African-based Point of Sale payments provider, has raised a Series B round of US$16M led by Partech, a Venture Capital firm based in Silicon Valley, Europe and Africa.
[South Africa] Four fintechs selected for AlphaCode’s R2.5m program
06-09-2018 | 07:42:00
Four businesses that are shaking up financial services have been named as finalists in AlphaCode’s recently launched accelerator programme, AlphaCode Accelerate.
[Uganda] Capital Markets Authority Act consolidated to ease reference
06-09-2018 | 06:57:00
The Capital Markets Authority (CMA) Act Cap 84 has been reprinted as a way of updating it to incorporate all amendments effected by the CMA Amendment Act, 2011 and the CMA Amendment Act, 2016.
[Nigeria] CISI and CIBN announce cooperation agreement ​
06-09-2018 | 06:30:00
The Chartered Institute for Securities & Investment (CISI) and the Chartered Institute of Bankers of Nigeria (CIBN) are delighted to announce the signing of a cooperation agreement in London.
Join the African Green Revolution Forum Investor DealRoom
24-08-2018 | 13:09:00
The Forum will be held in Kigali, Rwanda on 5-8 September 2018
[Nigeria] Why multinationals, IOCs defy listing on NSE
23-08-2018 | 14:20:50
Efforts by the Nigerian Stock Exchange (NSE), to woo multinational companies in the telecoms, and oil and gas sectors to list on the nation’s bourse may continue to ‘hit a brick wall’.
[South Africa] AlphaCode to invest R16m in financial services startups
23-08-2018 | 08:07:00
AlphaCode, an initiative of Rand Merchant Investments, has set aside R16 million to identify a new generation of financial services entrepreneurs through its AlphaCode Incubate initiative.
[South Africa] Workforce Holdings shows 4.2% revenue increase in H1
23-08-2018 | 07:47:00
Workforce Holdings Limited a diversified services group today released interim results for the six months ended 30 June 2018.
AIIM acquires nine solar and wind power plants in South Africa
23-08-2018 | 06:10:53
African Infrastructure Investment Managers (AIIM), one of Africa’s largest infrastructure-focused private equity fund managers, has acquired through its IDEAS Managed Fund - stakes in nine new solar and wind power plants in South Africa.
30 Startups finalists shortlisted for DEMO Africa 2018
22-08-2018 | 10:58:00
DEMO Africa has announced the thirty startup finalists for the 2018 edition of the annual conference. The startups were selected following a few months of innovation roadshows, city tours and virtual adjudication across different countries in the continent.
 [Africa Tech Week] African Startups shortlisted for major awards
09-08-2018 | 10:09:00
This has been perhaps one of the busiest weeks for African startups seeking funding to improve the operations or products.
Are you an agribusiness seeking funding and/or investment?
02-08-2018 | 07:24:12
Africa Green Revolution Forum pulling together stakeholders in the agricultural landscape, will host a Dealroom connecting investors with business owners
[Kenya] SunCulture closes investment with EDF Group
23-07-2018 | 12:26:00
SunCulture, a Kenyan-based technology company and a leader in solar water pumps and irrigation solutions for small holder farmers, has closed an investment round with the EDF Group.
[Interview] Mansur M. Nuruddin, Partner, MNCapital Africa Advisors
23-07-2018 | 12:14:00
Mansur M. Nuruddin is a founding Partner of MNCapital Africa Advisors, a financial advisory firm focused on the African market.
Africa50 gets equity investment from Kenya, Rwanda becomes shareholder
23-07-2018 | 10:22:00
President Uhuru Kenyatta of Kenya announced in Nairobi that his country would double its shareholding in pan-African infrastructure investment platform Africa50, increasing its current investment to US$100 million.
[South Africa] Growthpoint becomes first property listing on A2X
11-07-2018 | 07:56:13
Growthpoint will retain its primary listing on the JSE and will not issue any new shares in connection with its secondary listing on A2X. There is no cost, risk, or additional regulatory compliance for Growthpoint as a result of its secondary listing on the A2X.
[South Africa] Anchor Capital lists on A2X
10-07-2018 | 12:00:00
The Anchor Group, a South African financial services holding company, today became the ninth firm to have a secondary listing on A2X.
[Mauritius] Vantage Capital provides $10m property development funding
09-07-2018 | 09:08:00
Vantage Capital announces today that it has provided $10 million of mezzanine funding to Cap Tamarin, a mixed-used, residentially-focused village located on the sought-after west coast of Mauritius in a seaside village called Tamarin.
Best years ahead for capital raising in Africa - Baker McKenzie
18-06-2018 | 08:01:00
Domestic and cross-border Initial Public Offering capital raising by African issuers in the first half of 2018 increased by 33% year-on-year to USD 396 million, while volume grew by 25% to 5 IPOs.
Orange partners with Google in startup financing for EMEA
04-06-2018 | 08:27:00
Orange has partnered with Google through Orange Digital Ventures (ODV), the Group's corporate venture fund, to join forces in financing the best startups.
[Nigeria] Mobile savings app, Piggybank.ng, secures £1.1M seed funding
31-05-2018 | 08:15:00
Nigeria’s Piggybank.ng, an online and mobile app savings platform targeted at African Millennials, today announces that it has closed on Seed Funding of $1.1M.
[South Africa] Cell C secures funding from ZTE and Huawei
28-05-2018 | 08:25:00
Cell C has largely secured its capital expenditure funding for at least the next seven months, according to chief strategy officer Robert Pasley.
[Nigeria] Turner Wright Limited receives $150 million financing from Milost Global to grow African market
25-05-2018 | 07:57:18
Turner Wright Limited a Nigerian company providing solutions in animal health, animal nutrition and hygiene has executed a Milost Equity Subscription Agreement financing facility with Milost Global Inc for $150 million financing.
[South Africa] Old Mutual Private Equity acquires 50% interest in Medhold Group
24-05-2018 | 07:34:00
Old Mutual Private Equity, one of the largest and most established private equity players in South Africa, has announced the acquisition of a 50% interest in Medhold Group, a prominent end-to-end supplier of world-class medical devices.
[Kenya] AfricInvest acquires 14.3 per cent stake in Britam
23-05-2018 | 13:22:00
Private equity fund AfricInvest has officially become a shareholder in diversified financial services company Britam after acquiring a 14.3 per cent stake.
TPG Growth acquires stake at Cellulant for $47.5 million
15-05-2018 | 07:08:23
The Rise Fund, a global impact investing fund managed by growth equity platform TPG Growth, has signed an agreement to acquire a stake in Cellulant, a digital payments provider that reaches 40 million people across 11 African countries.
Orange Digital Ventures invests in Africa’s Talking, leading distributor of mobile communication and payment APIs to developers
01-05-2018 | 06:54:00
Upon completion, Africa’s Talking plans to accelerate its internationalisation to support its clients’ expansion strategies
MFS Africa gets funded by China-based VC in $4.5m Series B round led by LUN Partners Group
23-04-2018 | 09:13:15
MFS Africa, a leading Pan-African FinTech company, today announced a $4.5m Series B funding round led by LUN Partners Group, a China-based global investment management group.
Kenya's mSurvey Secures $3.5m Series A Investment
19-04-2018 | 08:20:35
mSurvey, the mobile-first consumer feedback platform for businesses and consumers in Africa, today announces a Series A round of USD$3.5m.
Africa Trade and Investment Global Summit 2018
05-04-2018 | 12:32:00
Driving Trade, Unleashing Investment and Enhancing Economic Development
[South Africa] Former DiData CEO invests R10m into emerging social networking platform, Gather Online
05-04-2018 | 09:11:00
Gather Online has today announced former Dimension Data chief executive, Brett Dawson, will be joining its board of Directors as Chairman, accompanying his investment of R10 million to support the company’s planned international expansion.
[South Africa] Westbrooke raises R565m as investors take advantage of S12J tax incentive
03-04-2018 | 06:57:00
Westbrooke Alternative Asset Management, South Africa’s largest Section 12J manager, has confirmed that it has recently successfully closed its 2018 fiscal year fundraise, with over R565 million raised across four S12J investment strategies.
Republic of Malawi becomes Africa Finance Corporation's 18th Member State
26-03-2018 | 06:15:00
The Republic of Malawi has become the second Southern African member country of Africa Finance Corporation, Africa's leading infrastructure development finance institution.
[Cape Verde] Tecnicil Indústria announces investment by AFIG Funds
26-03-2018 | 06:03:00
Tecnicil Indústria, a beverage company in Cape Verde has announced that AFIG Funds, a leading African private equity fund manager, through AFIG Fund II, completed an investment in the Company in April 2017.
[Nigeria] Resort Savings & Loans secures $250m investment from Milost Global
19-03-2018 | 13:14:00
US-based private equity investor Milost Global has signed a deal to invest $250 million in Resort Savings & Loans, a financial services company.
Challenges and opportunities abound in Africa’s energy sector, with increase in mergers and acquisitions, Baker McKenzie forecast
28-02-2018 | 06:32:00
Baker McKenzie’s Global Transaction Forecast for the Energy Sector shows that total M&A value in the energy sector in Africa and the Middle East was US$ 4.4 billion in 2017.
[Kenya] Sendy set for East Africa expansion
06-02-2018 | 09:00:29
Sendy, an on-demand delivery services platform operating across Kenya, has completed a Series A investment round, led by DOB Equity. DOB Equity will invest alongside CFAO, member of the Toyota Group, and other private investors.
African Development Bank approves ZAR 140-million loan to support African Local Currency Bond Fund
05-02-2018 | 12:02:00
The Board of the African Development Bank has approved a loan ZAR 140 million to the African Local Currency Bond Fund to further enhance the Fund’s portfolio and promote the development of domestic capital markets across the continent.
African Reinsurance Corporation becomes member of Africa Finance Corporation
01-02-2018 | 11:26:00
African Reinsurance Corporation announces its membership of Africa Finance Corporation (AFC), and becomes the first multi-lateral financial institution to invest in AFC.
[Startup Interview] Heaven Bereket, Co-Founder, BaobabFund, Ghana
31-01-2018 | 10:05:00
At a time when African startups are struggling with access to information on funding and transforming ideas to successful businesses, even as investors express growing appetite for the African startup market, BaobabFund is bridging this information gap.
[South Africa] Centbee, bitcoin wallet and merchant payment ecosystem, attracts funding from nChain
30-01-2018 | 06:32:00
nChain Group, the leading blockchain research and development firm, has taken an equity stake in Centbee, a Bitcoin wallet provider that makes it easy for global consumers to acquire, hold and spend Bitcoin with retailers and other merchants.
Africa Business Communities is launching African Startup Platform - looking for partners
26-01-2018 | 15:07:00
African startups have been on a meteoric rise, positioning themselves as key players in the African economies, boosting innovation, and businesses while creating employment
International Finance Corporation becomes anchor investor in Partech Africa, largest venture capital fund focused on Africa
23-01-2018 | 06:11:00
IFC, a member of the World Bank Group, has helped Partech Ventures launch a €100 million fund that is expected to become the largest venture-capital fund focused on digital-technology start-ups in sub-Saharan Africa.
Partech Ventures launches fund targeting African tech startups
19-01-2018 | 08:59:00
Partech Ventures has launched Partech Africa fund, which has secured above $70 million commitments toward its target size of $120 million, making it the first technology fund of such size from a top tier international venture capitalist.
TPG Growth set to acquire TRACE, Africa’s music and entertainment company
19-01-2018 | 08:55:00
TPG Growth, the middle market and growth equity investment platform of global alternative asset firm TPG, has signed a definitive agreement to acquire a majority stake in TRACE, the afro-urban music and entertainment media.
Milost Global acquires Primewaterview Holdings Nigeria
11-01-2018 | 12:01:00
American private equity firm Milost Global Inc. has announced that, together with its African subsidiary, Isilo Capital Partners it has closed the acquisition of a 100 percent interest in Primewaterview Holdings Nigeria Limited.
Private equity-backed Viathan issues Nigeria's debut 10-year guaranteed naira bond
08-01-2018 | 10:55:39
Private equity-backed Viathan Group has issued Nigeria’s debut 10-year corporate infrastructure bond in local currency to raise 10 billion naira ($32 million) at a yield of 16 percent to fund power assets.
AfDB, Nordic Development Fund, Global Environment Facility and Calvert Impact Capital partner in $55m investment into Off-Grid Energy Access Fund
05-01-2018 | 08:27:00
On December 15, the African Development Bank’s Board approved a US $30-million investment in the Facility for Energy Inclusion Off-Grid Energy Access Fund.
[South Africa] MTN assigns $231m shareholder loan to IHS Holding
04-01-2018 | 10:02:00
MTN Group, Africa's biggest mobile phone operator, has said that it assigned a $231 million shareholder loan to phone tower group, IHS Holding Ltd, impacting its 2017 profits.
[Interview] Peter Tole, Co-Founder and Director, Land LayBy Real Estate, Kenya
03-01-2018 | 08:49:00
The real estate firm, Land LayBy was founded by Dr. Peter Tole, a Kenyan medical doctor resident in Australia, in 2014. Land LayBy is a unique combination of assistance to Africans in diaspora and accelerating economic growth on the continent.
Domestic IPOs by African issuers increases for second year running - Baker McKenzie research
19-12-2017 | 12:29:00
Capital raised in domestic listings by African issuers increased for the second year in a row, according to research in the latest Global Cross-Border Index from Baker McKenzie.
[Nigeria] Farmcrowdy closes on seed funding of $1m
19-12-2017 | 08:29:00
Farmcrowdy, a Nigerian digital agriculture platform which allows Nigerians to venture in and sponsor agriculture, has announced that it had closed on seed funding of $1 million from international and local investors.
[Nigeria] NNPC assures local investors of support as multi-million naira tank farm opens in Ogun State
14-12-2017 | 10:13:01
The Nigerian National Petroleum Corporation (NNPC) will continue to offer unflinching support to indigenous private investors in the nation’s Oil & Gas Industry.
Africa Finance Corporation & Harith launch new operating company, Anergi Holdings Limited
14-12-2017 | 10:04:00
Africa Finance Corporation (AFC) and Harith General Partners, acting on behalf of its portfolio company Aldwych Holdings Limited, are pleased to announce final close of the merger of their respective electricity generation assets into a new operating company, Anergi Holdings Limited.
Westbrooke now South Africa’s largest Section 12J manager
06-12-2017 | 09:56:00
Westbrooke Alternative Asset Management is now South Africa's largest Section 12J manager, looking after almost half of the capital invested in S12J funds in the country.
Tullow Oil secures $2.5b debt refinancing
29-11-2017 | 11:00:00
Tullow Oil is pleased to announce that it has completed the refinancing of US$2.5 billion of Reserves Based Lending credit facilities.
Africa Capital Works Fund wins $15m AfDB equity investment
27-11-2017 | 14:30:00
The Board of Directors of the African Development Bank (AfDB) has approved a US$ 15m equity participation in Africa Capital Works Fund.
[Nigeria] NNPC secures $3.7bn alternative financing
23-11-2017 | 10:28:00
The Nigerian National Petroleum Corporation has secured a total of $3.7bn in Alternative Financing Agreement in the last three years.
[Nigeria] Vantage Capital provides $12.5m of funding to Purple Capital
21-11-2017 | 11:23:00
Vantage Capital, Africa’s largest mezzanine fund manager, announced today that it has provided $12.5 million of funding to Purple Capital, a prominent Nigerian real estate company and financial service provider.
Somali Accelerator graduates cohort of startups, gives $30,000 in investment at Demo Day
09-11-2017 | 08:09:00
Innovate Ventures, the Somali tech and business startup accelerator launched in partnership with VC4A, Telesom and the Work in Progress! Alliance, had their second cohort of 10 startups from Somaliland and Somalia graduate from their programme.
R4-million awarded to four South African BEE fintech startups
31-10-2017 | 14:45:00
Four black-owned South African financial services startups each won R1-million last night at a pitching event hosted by AlphaCode.
Africa Finance Corporation signs Zambia as a Member Country
26-10-2017 | 07:05:00
Zambia has become the first Southern African member country of Africa Finance Corporation (AFC), a leading development finance institution for infrastructure in Africa.
[Nigeria] Tony Elumelu Foundation and UNDP sign agreement to support African entrepreneurs
17-10-2017 | 10:00:00
“We have to give more attention and support to emerging African entrepreneurs, if the continent’s poverty, inequality and unemployment challenges are to be addressed.”