Low oil prices have hurt Gabons economy. (Image source: International Monetary Fund/Wikimedia Commons)
Moodys downgraded Gabons sovereign debt rating for the second time in 12 months to Caa1, citing liquidity pressures which are making debt repayment tougher
Freshworks has raised nearly US$150mn in funding across six rounds. (Image source: OER Africa/Flickr)
Freshworks Inc, a leading provider of cloud-based business software, has announced growth strategy to propel the ambitious expansion of its evolving South African footprint
The Fund will provide a significant private-sector demonstration effect by making sizable Tier 2 capital available to financial institutions. (Image source: Clara Sanchiz/Flickr)
To strengthen the capital base of local financial institutions and stimulate Africa’s corporate bond market, the African Development Bank (AfDB) has approved a US$10mn investment through its private-sector window in the Africa Financial Sector Deepening Fund being managed by Adventis Ltd as the fund manager
The event is part of the build-up to the presidential Summit on the Rural and Township Economies. (Image source: flowcomm/Flickr)
South Africas Department of Trade and Industry said that Rob Davies, the Minister of Trade and Industry hosted a business meeting with the Member of the Executive Council for Economic Development, Tourism and Environmental Affairs in KwaZulu-Natal, Sihle Zikalala and eThekwini Mayor, Councillor Zandile Gumede
Ebola has caused thousands of deaths since the first outbreak in 2013. (Image source: EU Civil Protection and Humanitarian Aid Operations/Flickr)
The U.S. Agency for International Development (USAID) has contributed US$8mn to support the efforts of the Government of the Democratic Republic of the Congo (DRC) and World Health Organization (WHO) in tackling the Ebola outbreak
The Carmix 3.5TT is renowned for its robust performance in concrete mixing. (Image source: Carmix)
Genuine Volvo Parts are specifically developed, tested and approved to get the very best results from your Volvo machine. (Image source: Volvo CE)
The Cat G3520 Fast Response natural-gas generator set is available for dealers around the world. (Image source: Cat)
Hyde Johannesburg marks a major milestone for Ennismore as the brand’s first hotel in Africa. (Image source: Ennismore)
The transaction will give TotalEnergies an interest in hydropower projects in Uganda, Rwanda and Malawi. (Image source: Adobe Stock)
The Lintec CSD2500B ensures uninterrupted operations, and its modular construction delivers cost efficiencies and easy installation. (Image source: Lintec & Linnhoff)
• Genie has sought to improve quality and total cost of ownership. (Image source: Genie)
The flexibility of the solution enables it to accommodate various courses in the hydraulic and pneumatic training environment. (Image source: Bosch Rexroth)
Sacks made of plastic tape fabric for packaging dry bulk goods such as cement provide a lightweight, resistant and sustainable alternative to paper and film sacks. (Image source: Starlinger)
According to CFAO, the launch of the L200 marks a new standard for pickups in the region. (Image source: CFAO)
