Finance

AfDB to launch 2019 African Economic Outlook

16178168010 58b75cb6cc zThe African Development Bank (AfDB) announced in a statement that it will launch its 2019 African Economic Outlook (AEO) flagship report on Thursday, 17 January 2019, at its headquarters in Abidjan

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Private equity firms AfricInvest, Catalyst invest in Kenya’s Prime Bank

AdobeStock 170675494Private equity firms AfricInvest and Catalyst Principal Partners have acquired a minority stake in Prime Bank Limited

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Nkomazi SEZ to boost industrialisation in Mpumalanga

8447726600 60d0c04809 oRob Davies, the minister of Trade and Industry of South Africa, said the recent designation of the Nkomazi Special Economic Zone (SEZ) in Mpumalanga will contribute significantly to the economic and industrial development of the Nkomazi region and the province at large

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AfDB approves US$14.12mn facility to support Nigeria’s membership

44213263000 8f9c64e7d4 zThe African Development Bank (AfDB), through its trade finance operations, has approved a US$14.12mn facility to support the federal republic of Nigeria’s membership in the African Trade Insurance Agency (ATI)

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GBS incentive to create employment opportunities for South African youth

8049942740 b851e5b2d0 zThe Global Business Services (GBS) incentive, which became effective from 1 January 2019, will create employment opportunities for youth in South Africa (SA), said South Africa’s Trade and Industry Minister Rob Davies

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