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The Fund For Export Development In Africa Closes $670m Strategy Fund

African Export-Import Bank's (Afreximbank) impact investment arm, the Fund for Export Development in Africa (FEDA), has announced a first close of $670...

Sky And MultiChoice Group Announce A New Syndication Partnership

Sky's second global syndication partner for its Glass offering will be MultiChoice Group (MCG), South Africa's leading entertainment and services platform.

World Bank Approves $335 Million To Scale-Up Tanzania’s Electricity Capacity

Due to Tanzania's rapid growth in electricity access over the past decade, the World Bank has approved an additional $335 million in...

A New Lifeline For West Africa’s Smaller Enterprises

With about 40 employees and the responsibility of laying power lines and upgrading electrical grids across Senegal’s hinterland, Abdou W. Kane runs...

Standard Bank Hopeful About Tanzania-Uganda Pipeline

A proposed natural gas pipeline running from Tanzania to Uganda may have a positive environmental impact in a region where the majority...

Energy Group Hosts Nigerien President In Houston Investment Summit

The President of the Republic of Niger, H.E. Mohamed Bazoum, attended an investment promotion session hosted by the African Energy Chamber (AEC)...

Microsoft, AFDB Spur Youth Entrepreneurship Initiative

With the African Development Bank's Youth Entrepreneurship Investment Banks (YEIB) Initiative, Microsoft is increasing its collaboration with the continent's young business owners.

Sanlam Rebrands Nigeria Operations

To better serve its customers in Nigeria, Sanlam, Africa's largest non-banking financial services company, has renamed FBN Insurance to Sanlam Life Insurance...

Casablanca Named Africa’s ‘Leading’ Financial Hub

The Global Financial Centers Index has ranked Rabat-Casablanca as Africa's most important financial center. Although Casablanca ranks 54th internationally,...

Tough Times Ahead For African banks–Fitch

Fitch, the credit rating agency, said that the next 12–18 months will be "very difficult" for African banks as widespread inflation, currency...