Banking & Finance

Expanding on microfinance

a1447_3Artisans are receiving microfinance loans from the international online retailer NOVICA, fully funded by customers through the a new peer-to-peer microfinance lending site.

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UK government provides support for m-banking

The UK Department for International Development (DfID) has committed £8mn to a technology programme run by microfinance group CGAP designed to increase access to financial services for the poor.

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Investing in an African future

Aureos Capital has launched a new private equity fund for Africa, the Aureos Africa Fund (AAF) after raising US$322.8mn to support small and medium sized enterprises and growth across the continent.

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Reporting for investment

When considering how Africa can better fulfil its investment potential, few commentators consider the intrinsic role of the very people penning the discussion – the media.

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Foundation funds more initiatives

Exxon Mobil Corporation, through its affiliate Esso Exploration Angola (Block 15) Limited (Esso Angola), have announced $3.5mn in grants for public health and education programmes in Angola.

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