Banking & Finance

Averda to enhance plastics recycling capacity

AdobeStock 139794943Averda, the international waste and recycling company, has been approved for a US$45mn investment loan from the US International Development Finance Corporation (DFC) for the development, construction and operation of plastics recycling facilities in Africa and India

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African Union welcomes US$11mn grant from African Development Fund

AdobeStock 317537651The African Union Commission (AUC) will benefit from an US$11.48mn grant from the African Development Fund to strengthen its governance and provide it with institutional support

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BimaLab launched to make insurance more affordable for Nigerians

ATRFeb10FSD Africa and Nigeria’s National Insurance Commission (NAICOM) have partnered to launch BimaLab, an accelerator programme designed to boost the development and adoption of digital solutions for the insurance sector

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DPO announces partnership with Bank of Kigali

AdobeStock 399381577 1Leading African digital payments company DPO Group has officially partnered with Bank of Kigali, a leading commercial bank in Rwanda, to onboard eCommerce merchants for the bank

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Changing the small business lending landscape

AdobeStock 305692514Transformational small business credit assessment platform and data provider, Uplinq Financial Technologies (Uplinq), has announced a new partnership with African technology and business solutions company, Nosmay, to help credit-lenders better serve the Africa’s unbanked population

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