The European Investment Bank (EIB) has agreed to support US$13.6mn of new long-term financing for entrepreneurs and businesses across Cameroun with leading local partner Commercial Bank
Finance
Averda to enhance plastics recycling capacity
Averda, the international waste and recycling company, has been approved for a US$45mn investment loan from the US International Development Finance Corporation (DFC) for the development, construction and operation of plastics recycling facilities in Africa and India
African Union welcomes US$11mn grant from African Development Fund
The African Union Commission (AUC) will benefit from an US$11.48mn grant from the African Development Fund to strengthen its governance and provide it with institutional support
BimaLab launched to make insurance more affordable for Nigerians
FSD Africa and Nigeria’s National Insurance Commission (NAICOM) have partnered to launch BimaLab, an accelerator programme designed to boost the development and adoption of digital solutions for the insurance sector
Siemens South Africa and Aspen to enhance vaccine production for Africa
In a joint project, Siemens South Africa, Aspen SA Operations (Pty) Limited, a wholly-owned subsidiary of Aspen Pharmacare Holdings Limited and Deutsche Investitions-und Entwicklungsgesellschaft (DEG) have entered into an agreement to enable the use of digital technologies