REdimension Capital, an investment firm, has announced the first close of its inaugural fund focused on investing in early-stage technology companies that deliver improvements in the way property is development, managed and engaged
Finance
India to support uptake of digital financial solutions in Africa
The Africa Digital Financial Inclusion Facility (ADFI) has announced that it will receive a US$2mn contribution from the Indian Government to help uptake digital financial solutions and accelerate financial inclusion across the continent
Infrastructure loan confirmed for Tanzania
Deutsche Bank AG will provide a loan facility of EU€300mn (approx. US$330mn) to the Government of Tanzania to help finance infrastructure projects across the country
Southern Africa economic slump highlights green growth imperative
The African Development Bank (AfDB) has released The Southern Africa Economic Outlook, examining the trends and developments occurring in the region as well as analysing the potential role of the private sector in financing climate action and green growth ambitions
Tanzania targets investors to unleash resurgent economy
The Tanzania Investment Centre (TIC) executive director, Gilead Teri, has said that the centre is developing modern ways to attract investors and is increasing efforts to reach local investors to encourage economic growth across the country