The event also comprised the exchange of an agreement between the Export Import (EXIM) Bank of India and State Bank of Mauritius (SBM) Infrastructure Development Community Ltd
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
The fund will target specialist banks, microfinance institutions, leasing, and factoring companies, fintech and other non-bank financial institutions. (Image source: Verdant Capital)
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
Isizwe offers unlimited Wi-Fi access in townships and informal settlements on a low-cost, pay-per-use basis. . (Image source: Adobe Stock)
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
The real GDP growth in Q3 2021 mainly reflects stronger output in the diamond and wholesale and retail industries. (Image source: Adobe Stock)
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
The Fund is expected to enhance the private sector by deploying technology-enabled business models for small and medium enterprises. (Image source: Adobe Stock)
The Board of Directors of the African Development Bank Group (AfDB) has approved an equity investment pool of US$11.8mn towards the first close of the Janngo Start-Up Fund, a pan-African tech start-up fund
