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Johannesburg factory view from above. (Image source: Max Pixel/FreeGreatPicture.com)

The Board of Directors of the African Development Bank Group (AfDB) has approved a private sector multi-currency line of credit of US$100mn and 1.3bn South African Rand to Industrial Development Corporation Plc (IDC) of South Africa where the operation will support industrialisation projects in both South Africa and other Regional Member Countries (RMCs)

Point of sale YUP in Ivory Coast. (Image source: Societe Generale)

Societe Generale has introduced new African mobile bank YUP in the Ivory Coast and Senegal, aiming to providing a new alternative to the traditional banking model, with a full range of transactional and financial services even without a bank account

Vanessa Moungar with Dr Akinwumi Adesina, the President of the African Development Bank. (Image source: AfDB)

Emmanuel Macron, the President of France, has appointed Vanessa Moungar, director for gender, women and civil society of the African Development Bank (AfDB), to his presidential council for Africa

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