Hotel development pipeline in Africa grows, driven by Egypt and Marriott
Africa’s hotel sector is recording a surge in development, according to the latest Hotel Development Pipeline Report released today. The report shows a 13.3% rise... Read more.
Egypt, France, and EU Sign €262.3m agreements to boost water, energy, and rail projects
Egypt, France, and the European Union have signed nine financing and grant agreements worth €262.3 million to support a range of priority projects in water treatment,... Read more.
Intra-African Trade and LPG key to addressing Africa’s $15bn infrastructure gap
NJ Ayuk, Executive Chairman of the African Energy Chamber (AEC), has called for the use of African financial solutions to tackle the continent’s $15.7 billion... Read more.
Verdant Capital backs LOLC Africa’s expansion with new USD 4.5m investment
Verdant Capital has announced that its Verdant Capital Hybrid Fund (the “Fund”) has completed an additional investment of USD 4.5 million in LOLC Africa Singapore... Read more.
OPEC Fund approves over US$ 600m in new financing for development projects
The OPEC Fund for International Development (OPEC Fund) has approved over US$600 million in new development financing to support sustainable infrastructure, private... Read more.
UK Insurtech Superscript raises £45m to boost global SME insurance reach
British insurtech company Superscript has raised £45 million in a Series B funding round to support its international expansion and further development of artificial... Read more.
Senegal urges ECOWAS to strengthen regional investment promotion
Senegal has called on the Economic Community of West African States (ECOWAS) to intensify efforts in attracting foreign investments across the region. The appeal... Read more.
SMEDAN, Kwara Governor move to strengthen federal-state support for MSMEs
The Director-General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has held a strategic meeting with the Governor of Kwara State and... Read more.
SEC, SMEDAN collaborate to improve SME access to capital markets
The Securities and Exchange Commission (SEC) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) have begun discussions aimed at improving... Read more.
AfDB launches $100m Nigerian youth bank to support entrepreneurs
The African Development Bank (AfDB) has announced the launch of a $100 million Nigerian Youth Entrepreneurship Investment Bank to support young entrepreneurs in... Read more.
