Business
EIB invests in new IPAE 3 fund to support entrepreneurship in West Africa and Madagascar
The EIB is investing €15 million in the new I&P Afrique Entrepreneurs (IPAE 3) fund to bolster support for small and medium-sized enterprises (SMEs) ...
Business
South Africa’s JSE Top 40 braces for extended correction as sector volatility, manufacturing slump fuel uncertainty
South African equities face heightened volatility as the JSE FTSE Top 40 index dipped -0.20% in the latest session, struggling to breach the ...
Business
Nigerian stock market surges as NGX all-share index approaches record high
Banking and Consumer Stocks Drive Market Capitalization Beyond NGN 65 Trillion. The Nigerian equity market continues its bullish run, with the NGX All-Share ...
Business
EBID approves $16.3M credit to boost SMEs in Côte d’Ivoire
Strategic Financing to Enhance Economic Growth and Job Creation The ECOWAS Bank for Investment and Development (EBID) has approved a XOF 10 billion ...
Business
Swedfund supports local food processing and smallholder farmers in Africa
Swedfund supports increased local processing capacity in African through a working capital loan of up to USD 15 million to Robust International (Robust). ...
Business
Nigerian stocks rally: NGX eyes 105,000 as earnings loom
Market stocks in Nigeria continue their rally as the NGX All-Share Index nears 105,000. Investors anticipate strong earnings, while interest rate decisions add ...
Business
Kenyan stock market gains momentum amid strong foreign investment and pro-business policies
The Kenyan equities market is riding a wave of optimism, with the NSE 20-Share Index recording a nearly 1% rise on Thursday, signaling ...
Business
ECOWAS Bank for Investment and Development is Financial Institution of the Year at African Sustainability Awards
In a landmark achievement, the ECOWAS Bank for Investment and Development (EBID) has been recognized as the Financial Institution of the Year – ...
Business
South Africa’s inflation data shows easing expectations, but market remains cautious
South African equities continue to face headwinds, with the JSE FTSE Top 40 Index slipping by 0.18% on Thursday. The market reacted to ...
Business
New $282 million program targets climate and environment action through agriculture and food systems
The Food and Agriculture Organization of the United Nations (FAO) and the International Fund for Agricultural Development (IFAD) today launched a new program, ...
Business
African Development Bank to extend $200M facilities, ZAR 3.6B to Standard Bank Group for SMEs
The Board of Directors of the African Development Bank Group has approved two financial facilities for South-Africa based Standard Bank Group. The facilities ...
Business
AFAWA and Bank of Industry secure $50M to empower female entrepreneurs in Nigeria
In a transformative move to boost financial access for women entrepreneurs in Nigeria, the African Development Bank Group’s Affirmative Finance Action for Women ...
