Global credit rating agency Fitch Ratings has affirmed the African Development Bank’s (AfDB) credit rating at ‘AAA’, with a stable outlook
Banking & Finance
Venture capital investments in Africa soared in 2020
The new African Private Equity and Venture Capital Association (AVCA) report has revealed that the volume of total venture capital deals in Africa has increased from 140 in 2019, to 319 in 2020
New AGRF platform links Africa’s SMEs to investment opportunity
The African Development Bank’s incoming vice-president for Agriculture, Human and Social Development, Dr Beth Dunford, and director for Agricultural Finance and Rural Infrastructure Development Atsuko Toda have joined development leaders online to launch this year’s African Green Revolution Forum (AGRF) Agribusiness Deal Room
Ecobank Group wins ‘2021 African SME Bank of the Year’ award
The Ecobank Group has won 2021 African SME Bank of the Year award, for its significant contribution to the development of the SME sector during the coronavirus outbreak last year
South Africa’s Barko selects Temenos' banking solution
Barko Financial Services (BFS), a microfinance institution in South Africa, has gone live on Temenos software-as-a-service to make it faster and easier for South Africans to access finance remotely during COVID-19