Disease Stops Trade in East Africa’s Border Towns
Hundreds of merchants gathered Friday in Kye Ossi, a Cameroonian town on the border with Gabon and Equatorial Guinea, to protest travel restrictions imposed since an outbreak of the deadly Marburg virus. They say the restrictions are suffocating trade and violate a Central African regional agreement on the free movement of people and goods. The […]
A Marketplace for Medical Equipment in Addis
Ethiopian startup Medstore has launched a digital marketplace to allow users to sell and buy medical equipment online and publish and subscribe to medical equipment tenders. Founded in 2020 but only launched this month, Medstore is a match-maker for manufacturers and distributors of medical equipment. CEO Chernet Mequanent said the startup is bootstrapped and makes […]
South African Rate Hike Exceeds All Expectations
The SA Reserve Bank’s monetary policy committee hiked interest rates by 50 basis points to 7.75%. Economists were expecting an increase of 25 basis points. Three members of the monetary policy committee voted in favour of the 50 basis point hike, while two wanted a 25 basis point increase. Reserve Bank governor Lesetja Kganyago said […]
Institutional Investor-Public Partnerships Hub Launched To Mobilise Trillions For Green Infrastructure
The African Unions’ Continental Business Network (CBN), the CFA New York’s Global Asset Owners Council, and The African Green Infrastructure Investment Bank, working in partnership with Africa investor (Ai) and industry partners, today announced the launch of the Institutional Investor-Public Partnerships (IIPPs) Hub. The Hub is an online portal on IIPPs, which in collaboration with industry partners will […]
UN Water Summit Heads Of State Call For Institutional Investor-Public Partnerships (IIPPs)
The International High-Level Panel on Water Investments for Africa, at the UN Water Summit today called for Institutional Investor-Public Partnerships (IIPPs) to mobilise an additional US$30 billion/year towards bankable and investable water security and sustainable sanitation investment opportunities across Africa. IIPPs are innovative infrastructure investment partnerships between a government and an institutional investor or investors, to […]
SME Funding In A Pan-African Banking Environment: Science And An Art
Author: Jan De Kock, Head: CFM Origination, Absa Corporate and Investment Banking (CIB) The SME funding landscape is changing, and we are seeing several new players and new products emerging in the market. Apart from driving competition, these new changes are also steering the leadership teams of banks and large funding institutions towards innovative credit […]
