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Finance

The Rwandan government is introducing reforms including revised investment codes and enforcing the use of billing machines. (Image source: Tiz/Flickr)

The European Union (EU) has announced it will allocate US$618mn of funding from its 11th European Development Fund (EDF) to Rwanda 

The Kenyan government will use the funding to finance major infrastructure projects. (Image source: Angela Sevin)

Kenya has successfully raised US$2bn from the international markets through a Eurobond, which according to government officials was oversubscribed by 500 per cent

ICICI Banks expansion plans would remain India-centric, according to its CEO Chanda Kochhar. (Image source: Ian/Flickr)

Indias ICICI Bank has plans to open branches in South Africa, after the Reserve Bank of India granted regulatory approval

Rothschild, Abraaj and Carlyle are seeking investors to focus on small and medium-sized companies. (Image source: Sanfranman59/Wikimedia Commons)

Swiss private banking group Edmund de Rothschild will invest US$530mn in Africa to develop the continents economy and raise the living standards of the middle class population

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