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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African growth to reach seven per cent in 2011

Africa's real gross domestic product growth could reach about seven per cent in 2011 from a forecast of about 5.5 per cent growth for 2010, the president of the African Development Bank (AfDB) said recently.

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Nigeria in 2010 - a watershed year

The past year has been a dramatic one for Nigerians; politically, financially, commercially and economically, the nation has faced a few home truths and has made significant steps forward.

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Tight supply to keep sugar high?

Sugar_1aRaw sugar prices climbed to their highest level in 29 years on 1 February, with raw sugar ­for March delivery reaching 30.05 US cents a pound in early afternoon trading on ICE Futures US.

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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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