To strengthen the capital base of local financial institutions and stimulate Africa’s corporate bond market, the African Development Bank (AfDB) has approved a US$10mn investment through its private-sector window in the Africa Financial Sector Deepening Fund being managed by Adventis Ltd as the fund manager
Finance
South Africa hosts business breakfast dialogue on rural and township economies in eThekwini
South Africas Department of Trade and Industry said that Rob Davies, the Minister of Trade and Industry hosted a business meeting with the Member of the Executive Council for Economic Development, Tourism and Environmental Affairs in KwaZulu-Natal, Sihle Zikalala and eThekwini Mayor, Councillor Zandile Gumede
USAID gives US$8mn for fight against Ebola in DRC
The U.S. Agency for International Development (USAID) has contributed US$8mn to support the efforts of the Government of the Democratic Republic of the Congo (DRC) and World Health Organization (WHO) in tackling the Ebola outbreak
Ingenico, Paycode team up on Zambia subsidy programme
Frances Ingenico Group said it partnered with payments technology company Paycode to help Zambia roll out a biometric system which is used to distribute subsidies
Doctors Without Borders Southern Africa appeals for funds to tackle Ebola outbreak
Doctors Without Borders or Médecins Sans Frontières (MSF) Southern Africa has launched an appeal to raise funds to fight the Ebola outbreak in the Democratic Republic of Congo