This partnership aims to support developmental agenda of micro, small and medium-sized enterprises, young men and women entrepreneurs in Africa. (Image source: DFID - UK Department for International Development/Flickr)
The European Investment Bank (EIB), the EU Bank and the International Monetary Fund (IMF) have signed a letter of understanding to promote sustainable economic development, financial stability and inclusive growth in Africa
Lagos is Africas largest city with about 21mn resident. (Image source: Clara Sanchiz/Flickr)
The UKs Department for International Development said LED-maker Low Energy Designs Limited will install about 40,000 LED streetlights in Lagos over the next four years
SunTrust Bank Nigeria opened the countrys first branchless bank in 2016. (Image source: Adobe Stock)
SunTrust Bank Nigeria was granted the ISO/IEC 20071:2013 and Payment card industry data security standard (PCIDSS) certifications for its standards on data security
The ISO/IEC 20071:2013 certification was granted by the Professional Evaluation and Certification Board (PECB) Canada while the PCIDSS certification was given by African consulting firm Digital Jewels.
The banks certifications show its strength in the area of information security.
African banks, spurred by the runaway success of payment servicem-pesa, have been scrambling to gain market share as an increasing number of Africans turn online for smaller payments.
Africas growing population and economy, boosted by income levels, has encouraged banks to expand their reach through low-cost methods such as digital banking in a continent which is still underbanked.
SunTrust opened Nigerias first branchless bank two years ago.
Boost for German-Tanzanian business and investment ties. (Image source: Embassy of the Federal Republic of Germany)
The Association of German Chambers of Commerce and Industry (DIHK) has officially opened an office in Dar es Salaam under the name of ‘AHK Services Eastern Africa Ltd,” to promote and facilitate business relations between Germany and Tanzania
Africa is on the rise of expanding business opportunities. (Image source: Julien Harneis/Flickr)
Despite a challenging environment, with public debt approaching critical levels in some African countries and concerns over excessive reliance on oil, African businesses are expanding, said PricewaterhouseCoopers (PwC), the UK-based multinational professional services network
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)
Inside Condra’s Johannesburg factory: an overhead crane positions an electric motor during assembly of hoist and crab. (Image source: Condra)
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)
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)
The pylon spires of South Africa's Msikaba Bridge mega project are on their way up, soon to be almost 130 m high at each side of the deep river gorge. (Image source: Concor)
US$4bn in capital investments is required between now and 2030 to reach universal access to clean cooking in sub-Saharan Africa. (Image source: Adobe Stock)
The agreement was witnessed by Prime Minister of Egypt, HE Moustafa Madbouly and HE Mohamed Shaker, Minister of Electricity and Renewable Energy of Egypt. (Image source: Infinity Power)
According to Rokbak, knowing the capabilities and limits of your hauler puts you in control. (Image source: Rokbak)
The opening of the new facility took place during the Elevate Africa Conference. (Image source: CCI Global)
The break to load shedding has been a welcome relief for South African businesses. (Image source: Adobe Stock)
The project prioritises the development of climate resilient infrastructure. (Image source: AFC)
The project was initially awarded to AMEA Power through an international tender programme that was launched by Tunisia’s Ministry of Industry and SMEs. (Image source: AMEA Power)
According to Danfoss, BOCK’s renowned compressors are a natural fit for its existing solutions range. (Image source: Danfoss)
The SEW-EURODRIVE gearbox offering allows for a plug and play solution on existing centre pivot irrigation equipment, presenting a valuable and unique concept to the local agricultural sector. (Image source: SEW-EURODRIVE)
The new facility, powered by Wärtsilä, will help address Nigeria’s increasing demand for cement. (Image source: Wärtsilä)
Both barcode and RFID readers are used in integrated intelligent manufacturing solutions. (Image source: Brady)
Ayman Ashour, CEO of Siemens Mobility Turnkey MEA. (Image source: Alain Charles Publishing)
Advantages of MSC solutions include one-stop shop convenience, an efficient claim process, and tailored competitive rates. (Image source: MSC)
The innovative formula of Watershield cement offers enhanced water resistance and durability. (Image source: Lafarge Africa)
