Egypt: President El-Sisi Heads to Dubai to Participate in Conference of the Parties (COP28)
Today, President Abdel Fattah El-Sisi heads to Dubai, the United Aran Emirates, to participate in the presidential segment of the 28th Conference of the Parties to the UN Framework Convention on Climate Change (COP28). Spokesman for the Presidency, Counselor Ahmed Fahmy, said the President’s participation in COP28 comes upon an invitation extended by President of […]
Sri Lanka Embassy in Ethiopia participates in the Diplomatic Charity Bazaar 2023 in Ethiopia
The Embassy of Sri Lanka in Ethiopia in collaboration with the Sri Lankan community in Ethiopia took part at the Diplomatic Charity Bazaar 2023 organized by the Diplomatic Spouses Group in Ethiopia (DSGE) which was held on 18 November 2023, at the compound of the United Nation Economic Commission in Africa (UNECA) with the participation […]
Kenya: Health Cabinet Secretary engages with United States Agency for International Development (USAID) on Healthcare and Global Security Initiatives
Cabinet Secretary for Health, Nakhumicha S. Wafula, engaged in discussions today with USAID regarding health aspects, specifically focusing on Universal Health Coverage, Community Health Promotion, and the Global Health Security – One Health Approach. The primary focus within Universal Health Coverage and Community Health Promotion centered on establishing Patient Care Networks (PCNs) to streamline information […]
Kenya: Hustler Fund Loan Limit Raised, President Ruto
The Hustler Fund has effectively fulfilled its primary objective by ensuring Kenyans have access to affordable credit. One year later, the fund has disbursed KSh39.7 billion to 21.8 million people and mobilised KSh2 billion in savings. Total repayments stand at KShs 28.75 billion. Going forward, President William Ruto said Kenyans will now be able to […]
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 (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
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
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
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 […]
VC4A Marks 10th Anniversary with Pledge for 10x Early Stage Investing in Africa
As VC4A (https://VC4A.com) commemorates its 10th Anniversary at the Africa Early Stage Investor Summit, the organization reaffirms its decade-long commitment to building vibrant startup ecosystems across the African continent. A Decade of Impact Since its inception in 2007, VC4A has been at the forefront of connecting entrepreneurs, fostering visibility, and enhancing accessibility within the startup […]
