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
The project carries an estimated total cost of US$12bn. (Image source: The Republic of Ghana Presidency)
The initiative was unveiled at a meeting at the UIA head office. (Image source: UIA)
Agreement supports solar PV, grid upgrades, and commercial energy access in Nigeria
Dragan Krznaric, business director for Middle East and Africa at CASE Construction Equipment at the company's stand at bauma.
Sany keen on Africa (Image source: Sany)
African Development Bank backs €26.5m (appox. US$29mn) Sokodé solar plant to boost Togo’s renewable energy capacity. (Image source: African Development Bank)
Minister Mohamed Ould Khaled announces shift to privatised power generation model at Invest in African Energy Forum. (Image source: Energy Capital & Power)
