South African government is taking initiatives to support the steel industry. (Image source: Foto-Rabe/Pixabay)
The South African government will continue to work with the steel industry towards averting job losses in the sector
Low oil prices have hurt Gabons economy. (Image source: International Monetary Fund/Wikimedia Commons)
Moodys downgraded Gabons sovereign debt rating for the second time in 12 months to Caa1, citing liquidity pressures which are making debt repayment tougher
Freshworks has raised nearly US$150mn in funding across six rounds. (Image source: OER Africa/Flickr)
Freshworks Inc, a leading provider of cloud-based business software, has announced growth strategy to propel the ambitious expansion of its evolving South African footprint
The Fund will provide a significant private-sector demonstration effect by making sizable Tier 2 capital available to financial institutions. (Image source: Clara Sanchiz/Flickr)
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
The event is part of the build-up to the presidential Summit on the Rural and Township Economies. (Image source: flowcomm/Flickr)
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
