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Standard Bank successfully closes USD 750 million Sustainability-Linked Syndicated Term Loan Facility

Standard Bank successfully closes USD 750 million Sustainability-Linked Syndicated Term Loan Facility

Standard Bank has successfully signed a USD 750 million sustainability-linked syndicated term loan.  The facility, co-ordinated by Bank of America, Mizuho and SMBC Bank International is Standard Bank Group’s inaugural sustainability-linked loan.  The margin on the loan is linked to Standard Bank’s performance against three sustainability key performance indicators (“KPIs”).  The KPIs align with the […]

Prosper Africa Plans To Invest $170 Million To Boost African Exports And U.S. Investment By $2 Billion

Prosper Africa Plans To Invest 0 Million To Boost African Exports And U.S. Investment By  Billion

At the U.S.-Africa Business Forum’s Deal Room, the White House’s Prosper Africa initiative announced today an ambitious set of multimillion-dollar investments to boost African exports and infrastructure and mobilize private investment to accelerate African innovation.  Prosper Africa is the U.S. Government initiative to increase two-way trade and investment between African nations and the United States. The announcement was […]

New Executive Chairman Kuseni Dlamini Expands A-Solutions Leadership

New Executive Chairman Kuseni Dlamini Expands A-Solutions Leadership

Aiming to carry our business and our customers to new heights, A-Solutions is proud to announce the appointment of our New Executive Chairman, Kuseni Dlamini, and Estie du Preez newly appointed Managing Director who will take the reins of our company’s leadership. With more than a combined four decades experience guiding customers through the digital […]

Kwely Launches Game-changing Made In Africa Marketplace

Kwely Launches Game-changing Made In Africa Marketplace

The Senegal-based startup introduces to the public the minimum viable product (MVP) version of its B2B online store for Made in Africa products targeting small and large businesses globally. Kwely Inc. announced today the launch of its game-changing, B2B e-marketplace to provide African producers and manufacturers with a global window to sell their products at […]

Europe’s Dash For Gas Presents Pitfalls For Africa

Europe’s Dash For Gas Presents Pitfalls For Africa

By Paul Virgo One of the knock-on effects of Moscow’s invasion of Ukraine is that European countries have embarked on a ‘dash for gas’ to find alternatives to Russian energy supplies. A flurry of deals has ensued with several African States being enticed by the prospect of lucrative energy contracts. A new report, however, has warned […]

TCS Sustainathon South Africa 2022: Winners Pitch Innovative Solutions To Reduce Hunger And Food Waste

TCS Sustainathon South Africa 2022: Winners Pitch Innovative Solutions To Reduce Hunger And Food Waste

Tata Consultancy Services’ Sustainathon 2022 Challenge Encouraged and Empowered Students in Western Cape to Find Solutions to Local Challenges Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) announced the winner of TCS Sustainathon South Africa 2022, a problem-solving competition that empowers the youth to find creative solutions to real-world challenges. Ten finalists showcased their ideas at […]

U.S. – Africa Leaders Summit Daily Roundup

December 14, 2022 ** This product is made available to all Summit stakeholders, partners, credentialed media and delegation officers, and can be freely forwarded, shared and downloaded ** President Biden is hosting leaders from across the African continent in Washington, DC on December 13-15, 2022, for the U.S.-Africa Leaders Summit.  We’ll be sharing updates each […]

Activists Take Meta to Court for Going Mute on Tigray Conflict

Activists Take Meta to Court for Going Mute on Tigray Conflict

Meta has been accused in a lawsuit of letting posts that inflamed the war in Tigray flourish on Facebook, after an Observer investigation in February revealed repeated inaction on posts that incited violence. The lawsuit, filed in the high court of Kenya, where Meta’s sub-Saharan African operations are based, alleges that Facebook’s recommendations systems amplified […]

Bodies of Families Discovered in Chadian Desert

Bodies of Families Discovered in Chadian Desert

The UN migration agency says it is “deeply shocked and saddened” by the discovery of dozens of bodies, including those of children, in the Chadian desert. The 27 migrants had reportedly left Moussoro, a crossroads town in central Chad about 17 months ago in a pick-up truck, the International Organization for Migration (IOM) said in […]

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