Finance

NIT signs distribution agreement with barox for META region

The partnership aims to make it possible for system integrators to manage security network and connected devices in the most demanding video surveillance projects. (Image source: FirmBee/Pixabay)

NIT, an Ingram Micro Company and a regional value-added distributor of IP surveillance and physical security solutions in the Middle East, Turkey and Africa (META) region, has signed a distribution agreement with barox Kommunikation GmbH

VC4A announces 2020 ‘Venture Showcase Series A’ in collaboration with AWS Activate

Selected companies of the 2020 edition will digitally convene and engage the leading VC funds, corporate venture divisions and public sector agencies. (Image Source: VC4A)

VC4A is calling for disruptive African scale-ups looking to raise between UK$500,000 and US$10mn

IFC invests in Nigeria’s Zenith Bank to support SMEs

IFC’s support for Nigeria’s banking sector will help keep the wheels of Nigeria’s economy turning at a time when it is facing a major challenge from COVID-19. (Image source: Aloysius/Pixabay)

IFC, a member of the World Bank Group, has announced an investment of up to US$100mn in Nigeria’s Zenith Bank Plc to help it increase support to clients and companies whose cash flows have been disrupted by challenges caused by the COVID-19 pandemic

AUDA-NEPAD and Ecobank announce pillars of “100,000 MSMEs by 2021” programme

African governments have committed to support MSMEs at the national level. (Image source: Enhanced Integrated Framework/Flickr)

AUDA-NEPAD, the African Union Development Agency, and Ecobank Group are committing to pool African resources, capabilities, financing, market access and technology, to help achieve a continental response to resources to Africa’s Micro Small and Medium Enterprises (MSMEs)

AfDB and development partners propel Somalia back from the brink

Somalia also benefitted from the Bank’s drought-related assistance channeled through the Intergovernmental Authority on Development. (Image source: United Nations Photo/Flickr)

In early 2020, Somalia, with support from the United Kingdom Government and the European Union, settled its arrears to the African Development Bank (AfDB), paving the way for the lifting of 30-year old sanctions imposed by the Bank and the resumption of full engagement with the fragile East African country

Sidebar

Magazine menu