Reporting Business Since 2009
Following Ethiopian Government decision to liberalize its telecom market by partly privatizing the state owned telecom service provider – Ethio Telecom, South Africa based TMT Finance forecasts a record high growth in telecom investment in Africa in 2019.
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The International Finance Corporation (IFC) and the Egyptian Ministry of Investment and International Cooperation (MIIC) have selected Ethiopia’s natural snacks startup, TruLuv Granola, to be part of the Next 100 African Startups Initiative.
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By Malise Otoo – An official of the World Bank Group’s member organization, International Finance Corporations (IFC) applauds Ghana’s business climate and focus on small and medium enterprises.
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The International Fiance Corporation (IFC), a member of the World Bank Group, has forged a new partnership with Gaia Energy to create a joint platform for the development of wind power and other renewable energy projects in Africa.
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A consortium of development finance institutions and commercial lenders today announced completion of the refinancing of more than $400 million loans of Bujagali Energy Limited (BEL), aiming to help reduce electricity costs in Uganda.
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The International Finance Corporation (IFC), a member of the World Bank Group, today announced a new $1 billion debt financing for Indorama Eleme Fertilizer & Chemicals Limited, Nigeria, a subsidiary of Indorama Corporation. The funding will be used for, for the construction of a new fertilizer line that will expand its capacity of urea fertilizer […]
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With the aim of facilitating growth and job creation in Africa, the International Finance Corporation (IFC), a member of the World Bank Group, today announced a $60 million investment in a regional risk-sharing facility.
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The International Finance Corporation (IFC), a member of the World Bank Group, today announced a $10 million subordinated loan to I&M Bank (Rwanda) to strengthen the bank’s capital base.
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The International Finance Corporation (IFC) and Small and Micro Enterprises (SME) Finance Forum propose a solution that will solve Sub-Saharan Africa’s small and medium enterprises (SMEs) $331 billion gap.
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The International Finance Corporation (IFC), a member of the World Bank Group, today formally launches ‘Africalease’, an association that will promote leasing across sub-Saharan Africa in agribusinesses and transport, among others.
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The International Finance Corporation (IFC), a member of the World Bank Group, today announced that it led the $8.6 million Series A equity investment in Africa’s Talking, a Kenyan based communication-platform-as-a-service (“cPAAS”) API startup.
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