Informal retail Micro, Small and Medium-Sized Enterprises (MSMEs) across the Eastern and Southern Africa Region (ESAR) are set to receive a technological and operational boost for their businesses, thanks to Nestlé, Nomanini and Standard Bank. Announcing the project today, Bruno Olierhoek, Chairman and Managing Director of Nestlé ESAR, emphasised thatRead More →

Africa Oil & Power (AOP) will host the fifth edition of its AOP 2021 Conference & Exhibition (October 5-7) (www.AOP2021.com), serving as the continent’s premier energy investment platform; key event partners include the African Energy Chamber, South Africa’s Department of Mineral Resources and Energy, South Africa Oil & Gas Alliance, SouthRead More →

Africa’s second largest economy is battling the economic effects of Covid-19 as the gold-rich nation plunges into recession. According to Statistisc SA, the country’ s Gross Domestic Product (GDP) fell for the fourth consecutive quarter, putting the country in a severe recession. The GDP fell by just over 16.4% between theRead More →

The Ecobank Group launches ‘Ellevate’, a programme for women-owned and women-focused businesses across 33 markets. This programme is designed to help women reach their full potential by empowering, growing and supporting them with customized financial and value-added solutions. Women constitute roughly half of the population in Africa. SMEs account forRead More →

OFF-GRID Expo + Conference 2020 (www.Off-Grid-Expo.com) hosts its first digital edition in partnership with UNIDO ITPO Germany and Alliance for Rural Electrification for a two-day trade event; the exclusive digital event aims to cover off-grid solar, wind turbine, and hydropower systems and independent power supply; attendees can look forward toRead More →

The Islamic Corporation for the development of the Private Sector (ICD) (www.ICD-idb.org), the private arm of the Islamic Development Bank Group (IsDBG), today launches the “ICD Finnovation Award 2020”, to recognize, showcase and encourage financial institutions that provide an outstanding solution for the financial industry. The COVID-19 pandemic has createdRead More →

Accelerex Holdings, Mauritius (“Accelerex”), today announced that it has signed an investment agreement with regional private equity firm, Africa Capital Alliance (“ACA”), for the Capital Alliance Private Equity IV (CAPE IV) fund to invest $20 million in Accelerex. With this investment, CAPE IV will become a strategic partner in AccelerexRead More →

The Islamic Development Bank (IsDB) Group hosted a webinar on the impact of the COVID-19 pandemic on the global investment outlook, which was organized in collaboration between the United Nations Conference on Trade and Development (UNCTAD) and the Country Strategy and Cooperation (CSC) Department, IsDB on 17th November 2020 to discussRead More →