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Huawei Underlines Commitment To Fostering Innovative And Socially Responsible Young People With Seeds For The Future 2023 Launch

Huawei Underlines Commitment To Fostering Innovative And Socially Responsible Young People With Seeds For The Future 2023 Launch

The transformative power of technology education, giving back to communities and continuous learning were the key messages from speakers attending the annual Huawei Seeds for the Future 2023 programme launch in Woodmead, Johannesburg yesterday. Seeds for the Future is Huawei’s global CSR flagship ICT student training programme, running in South Africa since 2016 in partnership […]

AfricaCom: 5G Is Key To Africa’s Business Success

AfricaCom: 5G Is Key To Africa’s Business Success

The importance of 5G to Africa’s business success was underlined this week at the 2023 Africa 5G Summit (run as part of the sixth Southern Africa Mobile Broadband [MBB] VIP Salon). The summit was hosted by Huawei and took place during AfricaCom, the continent’s largest technology conference. It brought together industry leaders, regional government regulators, […]

Verdant Capital funds Enable Capital

Verdant Capital funds Enable Capital

Verdant Capital (www.Verdant-Cap.com) is pleased to announce a USD 2.5 million revolving credit facility for Enable Capital of South Africa.  Enable Capital specialises in providing short-term funding solutions to SME subcontractors involved in the physical construction and deployment of local, regional, and national fibre network infrastructure across South Africa. Enable Capital has built up a […]

Verdant Capital has advised a leading United Kingdom (UK) private equity firm on the sale of Biyinzika Poultry International Limited

Verdant Capital has advised a leading United Kingdom (UK) private equity firm on the sale of Biyinzika Poultry International Limited

Verdant Capital (www.Verdant-Cap.com) has advised a leading UK private equity firm on the sale of Biyinzika Poultry International Limited (“BPIL”), a vertically integrated poultry business in Uganda, to an investor consortium including a US single-family office and a regional industry executive. The sale represented a 100% interest in BPIL.  BPIL was founded in 1990 as […]

Egypt: African Development Bank supports Commercial International Bank with $148 million to prop up small and medium-sized enterprises (SMEs) and trade

Egypt: African Development Bank supports Commercial International Bank with 8 million to prop up small and medium-sized enterprises (SMEs) and trade

Finance Programme name: Financial package to Commercial International Bank of Egypt (CIB) Instruments and amounts: –  $10 million Line of credit with a tenor of 10 years, –  $90 million subordinated loan with a tenor of 10 years, –  $32 million trade finance line of credit with a tenor of 3.5 years –  $16 million trade finance line of […]

Kenya: African Development Bank commits more than €101 million to boost access to electricity

Kenya: African Development Bank commits more than €101 million to boost access to electricity

The Last Mile Connectivity Project – Phase III, which will be implemented over six years (2024-2029), will provide electricity for more than half a million Kenyans. NAIROBI, Kenya, 30 November 2023 -/African Media Agency(AMA)/- The Board of Directors of the African Development Bank Group on Wednesday approved a €101.10 million loan to Kenya to implement the third phase of […]

England now in top three, Comoros Islands on the charge

England now in top three, Comoros Islands on the charge

Total of 188 international matches played in November; One change on the FIFA (www.FIFA.com)​/Coca-Cola World Ranking podium; Comoros Islands are the biggest climbers. International matches were played all over the world in November 2023, with FIFA World Cup 26™ qualifiers taking place in Africa, Asia and South America. The other confederations’ schedules included UEFA EURO […]

#COP28 Kicks Off with African States Seeking to be Equal Players in Talks 

#COP28 Kicks Off with African States Seeking to be Equal Players in Talks 

As the 28th edition of the Conference of the Parties (COP), the world’s foremost climate summit, begins in the United Arab Emirates on November 30, Africa is grappling with some of the deadliest impacts of a heating planet. The Horn of Africa, which suffered a drought earlier this year, is now battling floods. From Somalia […]

ECOWAS Court to Rule on Niger’s Ex President’s Detention 

ECOWAS Court to Rule on Niger’s Ex President’s Detention 

The Economic Community of West African States is set to issue a decision on a complaint submitted by lawyers of former Nigerien president Mohamed Bazoum over his ouster in a July coup. Since his toppling, Bazoum has been held at his residence in the heart of the presidential palace in the Niamey, Niger’s capital. The […]

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