Economy

Internet service provider Isizwe raises funding to catalyse commercial capital

ATRinternetserviceproviderjan12Isizwe, an internet service provider that offers online access to low-income communities, has raised US$460,000 in funding from Global Innovation Fund (GIF) to de-risk its model and encourage further investment

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Botswana has double-digit economic growth on the cards

ATR1jan10Statistics Botswana’s (StatsBots) latest data release shows that the real GDP has expanded by 8.4% year-over-year in the Q3 2021 compared with a contraction of 4.5% year-over-year in the Q3 2020

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World Bank supports modernisation of Morocco public sector

morATRDec1721The World Bank has approved a US$450mn loan to support key governance reforms in Morocco as part of the government’s ambitious strategy to modernise the public sector

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2021 Visa Openness Index calls for easier travel

185050Opening up Africa’s borders to travel will drive investment and an economic rebound, according to the authors of the 2021 Africa Visa Openness Index

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AfDB approves line of credit of US$79mn and US$24mn equity investment to West African Development Bank

atrdec1621The African Development Bank (AfDB) board of directors has approved a line of credit of approximately US$79mn and an equity investment of US$24mn, to be granted to the West African Development Bank

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