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Artisans are receiving microfinance loans from the international online retailer NOVICA, fully funded by customers through the a new peer-to-peer microfinance lending site.

Africas real gross domestic product growth could reach about seven per cent in 2011 from a forecast of about 5.5 per cent growth for 2010, the president of the African Development Bank (AfDB) said recently.

p>Africas real gross domestic product growth could reach about seven per cent in 2011 from a forecast of about 5.5 per cent growth for 2010, the president of the African Development Bank (AfDB) said recently.

The past year has been a dramatic one for Nigerians; politically, financially, commercially and economically, the nation has faced a few home truths and has made significant steps forward.

Raw sugar prices climbed to their highest level in 29 years on 1 February, with raw sugar ­for March delivery reaching 30.05 US cents a pound in early afternoon trading on ICE Futures US.

The UK Department for International Development (DfID) has committed £8mn to a technology programme run by microfinance group CGAP designed to increase access to financial services for the poor.

p>The UK Department for International Development (DfID) has committed £8mn to a technology programme run by microfinance group CGAP designed to increase access to financial services for the poor.

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