UK exporters have gained a foothold in West Africa, which accounts for more than one-quarter of Africa’s GDP
Finance
Mauritius and India jointly e-inaugurate Social Housing Units and Civil Service College projects
The Prime Ministers of Mauritius and India, Pravind Kumar Jugnauth and Narendra Modi respectively, e-inaugurated the 956 Social Housing Units and the e-launched the Civil Service College (CSC) and 8MW Solar Photo Voltaic (PV) Farm projects
Verdant Capital and KfW establish new fund to support MSME growth in Africa
Verdant Capital Hybrid Fund (VCHF) has reached its first closing at US$36mn of committed capital and support for micro, small and medium-sized enterprises (MSME) through investment in financial institutions
Internet service provider Isizwe raises funding to catalyse commercial capital
Isizwe, 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
Botswana has double-digit economic growth on the cards
Statistics 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