EIB boosts African start-ups with $30m kitty

Both sides will investigate how African governments may work with American technology companies to grow their economies.

German chancellor Olaf Scholz made the announcement this week during a press conference in Berlin as part of the G20 Compact with Africa.

South Korea's priority areas of assistance to Africa are in agriculture, bio-health, climate change, and energy transition.

India commits funding as it becomes a new partner in ADB’s Africa Digital Financial Inclusion Facility.

The second loan by the bank to the country will help fund phase two of the development and includes a €1 million seed fund to invest in local startups.

Sara Sabry made the call during a panel focused on re-imagining Africa's future.

The AfDB president told a conference in Durban this week Africa has the necessary partnerships and technologies to eradicate hunger.

The company received the top accolade at the African Banker Awards, after being recognised for outstanding contributions to Africa’s fintech industry.

Much of Africa’s potential for growth is rooted in its problems - the real-world challenges people face daily.

The bank will provide funding and technical assistance to the Africa Fintech Network to create a fintech hub.

The $8 million funding will go towards the establishment of a digitally interoperable unique bank identification system.