AfDB boss Dr Adesina defends Africa’s agritech
The AfDB president told a conference in Durban this week Africa has the necessary partnerships and technologies to eradicate hunger.Staff Writer
MFS Africa crowned ‘Fintech of the Year’
The company received the top accolade at the African Banker Awards, after being recognised for outstanding contributions to Africa’s fintech industry.
Investing in Africa: A local partner makes all the difference
Much of Africa’s potential for growth is rooted in its problems - the real-world challenges people face daily.
African Development Bank puts muscle behind fintech growth
The bank will provide funding and technical assistance to the Africa Fintech Network to create a fintech hub.
ADF to fund ID system for financial services in West Africa
The $8 million funding will go towards the establishment of a digitally interoperable unique bank identification system.
Liberia gets $3.9m ADF grant to modernise payments infrastructure
The project is aimed at upgrading automated cheque processing and automated clearing house systems, as well as real-time gross settlement system.
Nigeria commits $618m for digital skills, job creation
I-DICE will support 451 tech start-ups, 226 creative enterprises and 75 enterprise support organisations, and the benefits to Nigeria’s economy are pegged at $6.4 billion.
Nigeria launches i-DICE program to spur entrepreneurship
The program seeks to promote entrepreneurship in support of government’s job creation efforts.
Moroccan energy firm nets US$965,000 AfDB grant
Société d’Ingénierie Energétique (SIE) will use funds to support its transition into the first Super Energy Service Company (ESCO) initiative in Africa.
Deal signed to advance Africa’s energy transition
The International Renewable Energy Agency and the African Development Bank agree to support investment in the continent’s low carbon energy projects.
Tanzania to receive US$50.7m COVID-19 crisis budget
The pandemic has put increased pressure on Tanzania’s health facilities, social protection systems and has dampened the country’s projected growth of over 6.2%.
A solar boost for power-strapped mobile subscribers
Possibility of 'pay-as-you-go' approach for solar panels raised at African Development Bank meeting in Zambia.