Finance

Blue economy can be a site of economic production, says ECA

Blue economyThe blue economy, the sustainable use of ocean resources for economic growth, in Africa has the potential to be a site of economic production, linking small, medium and big production firms to promote poverty alleviation, equality and better living standards for the people, according to the Economic Commission for Africa (ECA) director for Southern Africa (SRO SA) Said Adejumobi

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KfW and NamPost to support Namibia’s SMEs and households

nam.JPGNamPost and KfW Development Bank have signed an agreement for a concessional loan of US$22.11mn to provide micro-loans to micro, small and medium-sized companies and households in rural and remote areas via NamPost subsidiary PostFin

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HIMOINSA consolidates its growth in Africa and Middle East

Ppal 1069 pix foto grupoMore than 30 companies from 16 different countries have gathered at the HIMOINSA Africa and Middle East Distributors Convention that showcased the latest product innovations and analysed trends in that market

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Second Intra-African Trade Fair to capitalise on Rwanda’s economic success

cairo sessionThe second Intra-African Trade Fair (IATF2020) will be organised by the African Export-Import Bank (Afreximbank), the African Union and the government of Rwanda in Kigali from 1-7 September 2020

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AfDB becomes a shareholder in Africa Finance Corporation

afc afdbThe African Development Bank (AfDB), Africa’s highest investment-grade rated (AAA with stable outlook) multinational financial institution, has invested US$50mn in the equity of Africa Finance Corporation (AFC)

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