The loan will allow I&M Bank Ltd to boost economic activity in Kenya, by lending to small and medium-sized enterprises in the trade. (Image source: Adobe Stock)
IFC and FMO, the Dutch entrepreneurial development bank, have announced a loan of US$50mn to I&M Bank Ltd to help smaller businesses across different sectors in Kenya access financial support for expansion and economic recovery
The parties will collaborate to support the African Union Member States’ policies for environment, wildlife management and trade. (Image source: Adobe Stock)
The African Union Commission (AUC) and TRAFFIC signed a Memorandum of Understanding (MoU) to protect Africa’s wildlife from unstainable and illegal harvest and trade
Around 38.9% of the population aged 15 years and older had a mobile money account in Ghana. (Image source: Adobe Stock)
Pan African payments company Cellulant has announced the acquisition of PSP License in Ghana as it rolls out a digital payments solution for businesses
Africa is that there are huge illicit financial outflows. (Image Source: Adobe Stock)
Speaking at the EBII Africa Investments Risk and Compliance (IRC) Summit on 30 July at the University of Oxford, President of the Republic, Nana Addo Dankwa Akufo-Addo admonished African governments to build robust financial compliance systems, and ensure strict enforcement of these systems
Kenyas economy is also gorwing fast in these years. (Image source: Adobe Stock)
Having witnessed its worst recession in half a century in 2020, Africa’s economy is forecast to grow at a healthy pace of 3.8% in 2021, driven by rising global demand as restrictions are eased, untapped market opportunities, a rebound in commodity prices, and a rise in oil prices, according to GlobalData
The Bell team in Richards Bay consists of more than 800 machinists, welders, and assemblers. (Image source: Bell)
GFE Power Product’s extensive range covers generators from 10 kVA up to 3,000 kVA. (Image source: GFE Power Products)
The funding is the largest-ever equity raise in the minigrid industry according to Husk. (Image source: Adobe Stock)
The initiative will help African contractors participate in annual infrastructure investments. (Image source: Afreximbank)
ITS has evolved into a sophisticated systems approach, providing numerous opportunities to revolutionise road networks. (Image source: Adobe Stock)
Invest International’s Lara Muller; Ivory Coast Minister of Finance and Economy, Adam Coulibaly; and Ambassador Designate to Ivory Coast, Jeroen Kelderhuis. (Image source: Invest International)
The Yellow Metal Machine Rental team with some Wacker Neuson equipment. (Image source: Wacker Neuson)
Although displaying resilience, the report warns that African banks remain exposed to physical climate risks due to both sovereign and industry lending. (Image source: Adobe Stock)
WAA and VCMI will seek to establish regulatory frameworks to enable access to high integrity and fair voluntary carbon markets for WAA member countries. (Image source: Adobe Stock)
The parties will also promote the mutual exchange of information and expertise in the field of export credit policies and practices. (Image source: TBD Group)
Inside Condra’s Johannesburg factory: an overhead crane positions an electric motor during assembly of hoist and crab. (Image source: Condra)
IVECO is renewing its entire product range, all at once. (Image source: IVECO)
The MoU was signed alongside the Africa Health Business Symposium. (Image source: Africa CDC)
Both the IMF and EIU expect SSA to rank as the world’s second fastest growing economy in 2024. (Image source: Adobe Stock)
There has been a focus on the sugar industry. (Image source: Adobe Stock)
Evolving concept of energy security must address energy demand, system flexibility, technology access and infrastructure development, says IRENA. (Image source: IRENA)
World Bank & African Development Bank partner to provide electricity access to 300 million Africans by 2030, leveraging public-private investments. (Image source: Adobe Stock)
(L-R): Dr Diane Karusisi, CEO, Bank of Kigali and Dr Reda Helal, group managing director – processing, Africa and co-head group processing, Network International. (Image source: Network International)
At WFES, Gotion High-tech will showcase its latest products and leading green energy solutions at its booth. (Image source: Gotion High-tech)
The new Perkins 5012 is a full-authority electronic engine optimised and purpose-built for power generation applications. (Image source: Perkins)
SSAB will begin deliveries of the new products in 2026.
The key issues restricting sub-Saharan Africa’s manufacturing sector will be unpacked at Manufacturing Indaba later this year. (Image source: Adobe Stock)
Through the innovative solution, each vessel can fill two tank containers on average between two ports. (Image source: Maersk)
Hyphen is developing sub-Saharan Africa’s largest, most advanced and only fully-vertical integrated green hydrogen project. (Image source: Hyphen)
According to Liebherr, the Used Equipment Marketplace is extremely user-friendly. (Image source: Liebherr)
Electricity storage will be pivotal in unlocking renewable projects and meeting energy demand. (Image source: Adobe Stock)
With RFID, assets can be given unique digital identities that enable users to identify and locate them all at once, from a distance, in real time. (Image source: Brady)
Africa Data Centres and DPA SA have broken ground on their solar farm in the Free State. (Image source: Africa Data Centres)
A Cat PM310 Cold Planer in action. (Image source: Caterpillar)
A larger stockholding of WEG products facilitates ready access for customers. (Image source: WEG Africa)
