The loan will allow I&M Bank Ltd to boost economic activity in Kenya, by lending to small and medium-sized enterprises in the trade. (Image source: Adobe Stock)
IFC and FMO, the Dutch entrepreneurial development bank, have announced a loan of US$50mn to I&M Bank Ltd to help smaller businesses across different sectors in Kenya access financial support for expansion and economic recovery
The parties will collaborate to support the African Union Member States’ policies for environment, wildlife management and trade. (Image source: Adobe Stock)
The African Union Commission (AUC) and TRAFFIC signed a Memorandum of Understanding (MoU) to protect Africa’s wildlife from unstainable and illegal harvest and trade
Around 38.9% of the population aged 15 years and older had a mobile money account in Ghana. (Image source: Adobe Stock)
Pan African payments company Cellulant has announced the acquisition of PSP License in Ghana as it rolls out a digital payments solution for businesses
Africa is that there are huge illicit financial outflows. (Image Source: Adobe Stock)
Speaking at the EBII Africa Investments Risk and Compliance (IRC) Summit on 30 July at the University of Oxford, President of the Republic, Nana Addo Dankwa Akufo-Addo admonished African governments to build robust financial compliance systems, and ensure strict enforcement of these systems
Kenyas economy is also gorwing fast in these years. (Image source: Adobe Stock)
Having witnessed its worst recession in half a century in 2020, Africa’s economy is forecast to grow at a healthy pace of 3.8% in 2021, driven by rising global demand as restrictions are eased, untapped market opportunities, a rebound in commodity prices, and a rise in oil prices, according to GlobalData
The Carmix 3.5TT is renowned for its robust performance in concrete mixing. (Image source: Carmix)
Genuine Volvo Parts are specifically developed, tested and approved to get the very best results from your Volvo machine. (Image source: Volvo CE)
The transaction will give TotalEnergies an interest in hydropower projects in Uganda, Rwanda and Malawi. (Image source: Adobe Stock)
The Cat G3520 Fast Response natural-gas generator set is available for dealers around the world. (Image source: Cat)
Hyde Johannesburg marks a major milestone for Ennismore as the brand’s first hotel in Africa. (Image source: Ennismore)
Each of the 10 mtu gensets has a rated power of 2,500kW and an operational lifetime of up to 84,000 hours before needing major overhaul. (Image source: Rolls-Royce)
The project is a continuation of the two earlier phases of the Road Infrastructure Modernisation Programme. (Image source: AfDB)
ArcelorMittal indicated a weak domestic market for Long steel products. (Image source: Adobe Stock)
Both projects will deliver essential power, energy, and ancillary services to Eskom through 15-year Power Purchase Agreements. (Image source: AMEA Power)
Comapire takes over from Seco Power. (Image source: Perkins)
