Lipa Later, a Kenyan tech-led consumer credit platform, is planning to expand to new markets in Africa after raising $12…
Pan-African Payment and Settlement System Launched by President Akufo-Addo Foreseeing $5 billion Annual Savings for Africa
Ghana President H.E Nana Addo Dankwa Akufo-Addo, represented by the Vice President H.E Dr. Mahamudu Bawumia today in Accra, hosted…
African Development Bank Group Board approves €10.5 million pooled investment in tech start-up fund to boost innovation across sub-Saharan Africa
The Board of Directors of the African Development Bank Group has approved an equity investment pool of €10.5 million toward…
mPharma Raises $35M to Expand Healthcare Access in Africa
Ghana-based health tech startup mPharma has raised $35 million to build a chain of community pharmacies across Africa as it…
Medical Credit Fund raises EUR 32.5 million to support health entrepreneurs in sub-Saharan Africa
Medical Credit Fund (MCF), the only debt fund fully dedicated to the African health sector, today announced the completion of…
West African Monetary Union: African Development Bank Group extends $400,000 grant for development of regional financial markets infrastructure
The African Development Bank Group has approved $400,000 in grant funding for technical assistance to support automation of securities issuance…
G7 Development Finance Institutions Create Platform to Boost Investment in Fragile States
U.S. International Development Finance Corporation (DFC) and partner development finance institutions funded by the G7 nations, including the UK’s development…
African Development Bank Group Board approves €10.5 million pooled investment in tech start-up fund to boost innovation across sub-Saharan Africa
The Board of Directors of the African Development Bank Group has approved an equity investment pool of €10.5 million toward…
IATF 2021 Generates US$42.1 billion Trade and Investment Deals
The second Intra-African Trade Fair (IATF 2021) generated a record setting US$42.1 billion in trade and trade-related investment deals, according…
Global Community Steps Up with $93 Billion Support Package to Boost Resilient Recovery in World’s Poorest Countries
The World Bank today announced a $93 billion replenishment package of the International Development Association (IDA) to help low-income countries respond to the COVID-19 crisis and build a greener, more resilient, and inclusive future. The financing brings together $23.5 billion of contributions from 48 high- and…
Financing for Development in Africa 