4G Capital Group Limited, Citi, the US International Development Finance Corporation (DFC) and the Ford Foundation have collaborated to expand financial inclusion through the provision of working capital to support the growth of micro-enterprises in Kenya
Economy
African Union online portal to boost AfCFTA implementation
An online tool designed to help businessmen and businesswomen in Africa understand how best to trade between African countries came a step closer to becoming fully operational in August 2020 as a demonstration version came onstream
IFC and Union Bank Partner to boost Nigeria’s trade finance
IFC, a member of the World Bank Group, has announced a finance guarantee facility to Union Bank to boost access to finance for local business, enable increased international trade for Nigeria and help protect the country’s economy from the impact of the COVID-19 pandemic
President Ramaphosa calls joint sitting of Parliament to outline economic recovery plan
President Cyril Ramphosa has written to National Assembly Speaker Thandi Modise and National Council of Provinces (NCOP) Chairperson Amos Masondo about his intention to call a joint sitting of the two Houses of Parliament
Partnerships on mega projects critical for AfCFTA
Partnerships in mega projects are critical to the success of the Africa Continental Free Trade Agreement (AfCFTA), according to the South African High Commissioner to Mozambique, Mandisi Mpahlwa