Banking & Finance

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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Financier wins award in Lagos

Africa’s largest micro-financier, Blue Financial Services (Blue) has announced that its Nigerian venture with Intercontinental Bank has won the prestigious Platinum Award at the first African Quality Excellence Awards held in Lagos, Nigeria.

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