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PayJoy announces compatibility with Africa’s smartphone manufacturer Transsion
PayJoy Inc has launched its compatibility program for smartphone original equipment manufacturers (OEMs), starting with agreements with four key smartphone brands in emerging markets: Transsion Group.FAO and the Netherland's Development Finance Company partner to improve agriculture financing in developing countries
FAO and FMO, the Dutch Entrepreneurial Development Bank have launched a partnership to increase investments in favor of SMEs and small-scale producers operating within the agribusiness sector in developing countries.Africa to be the first recipient of new supply chain learning program from ASCM and the Global Fund
ASCM (the Association for Supply Chain Management) has announced it has received a grant from the Global Fund to Fight AIDS, Tuberculosis and Malaria.US EXIM Bank signs MOU with Senegal to boost trade
The Export-Import Bank of the United States (EXIM) has entered into a memorandum of understanding (MOU) with the Ministry of Economy, Planning and Cooperation of the Republic of Senegal to enhance economic cooperation between the two countries.AfDB inks €12.5 million deal with Adiwale Fund for SMEs
The African Development Bank has signed off on its €12.5 million equity investment in Adiwale Fund 1, a first-generation private equity fund targeting high growth potential Small and Medium Sized Enterprises (SMEs) in francophone West Africa.[Kenya] Oserian Two Lakes Industrial Park inks $10 million deal with Maxim Agri
The journey towards realization of a business park at flower grower Oserian Development Company’s expansive farm in Naivasha has kicked off in earnest following the signing of a $10 million investment by Dubai-based Maxim Agri.Andersen Global enters Cameroon
Andersen Global has signed a collaboration agreement with Muluh & Partners, a law firm based in Douala, Cameroon.Ghana’s largest private university goes solar
A 401 kWp solar system for Central University in Ghana has been inaugurated, marking an important milestone in Ghana's transition to clean energy.High Net-Worth Investors drive hospitality sector in Francophone Africa
Francophone Africa’s burgeoning hospitality market continues to be a critical opportunity for “global hospitality brands and investors,” says the host of the second annual bilingual FrancoReal Property Investment Forum, Kfir Rusin.[Kenya] KCB inaugurates new National Bank board
The KCB Group has inaugurated a new board for National Bank of Kenya (NBK), the lender it acquired recently.European partners strengthen private sector financing in East Africa
Nairobi will this week host the EIB Eastern Africa SME and Microfinance Banking Forum that will seek to improve the economic and social impact of private sector financing supported by the lending arm of the European Union in East Africa.[Tunisia] African Development Bank grants STEG €138 million for electricity and renewable energy project
The Board of Directors of the AfDB has approved a total funding of 138 million euros for the Tunisian Electricity and Gas Company (STEG) to implement the project development and equipment of the electricity transmission network.[Egypt] Afreximbank to roll out quality assurance centres to support compliance with international standards and technical regulations
Recognizing the negative impact on trade for African countries, the Afreximbank has introduced an initiative to tackle non-compliance with international standards and technical regulations.[South Africa] JSE CEO co-chairs UN's initiative to drive financing for sustainable development goals
JSE CEO, Dr Leila Fourie together with CEO of Allianz SE, Oliver Bäte co-chaired the UN's Global Investors for Sustainable Development Alliance (GISD) initiative at the UN headquarters in New York yesterday.Sudan, IFAD partner to help smallholder farmers adapt to climate change and manage natural resources
Sudan and the International Fund for Agricultural Development (IFAD) have entered into a new €77.7 million programme that aims to increase food security and ensure access to natural resources in the country.[Algeria] The US contributes $560,000 to support fish farming in refugee camps
The United Nations World Food Programme (WFP) has welcomed a contribution of US$560,000 from the US State Department to support WFP’s innovative fish farm in Algeria’s Tindouf refugee camps.Novo Nordisk opens regional office in Kenya
Novo Nordisk, a global healthcare company headquartered in Denmark with more than 95 years of innovation and leadership in diabetes care has opened a regional office in Nairobi, Kenya.South African companies head to the US for an agro-processing selling mission
The Department of Trade and Industry is currently leading a delegation of seventeen South African companies on an Outward Selling Mission to the United States of America.JGC, Fluor and TechnipFMC consortium awarded LNG plant project in Mozambique
JGC announced that a consortium of JGC Corporation has been awarded the engineering, procurement and construction project by Area 4 operator Mozambique Rovuma Venture for its onshore LNG production.Springfield spuds first well in Ghana
Springfield Exploration and Production has spudded the first of its much anticipated new wells off the coast of Ghana.Angola economy reels under poor performance of the oil sector
Angola is on the list of African countries whose economic recovery has remained weak, a situation that is “weighing” on the region's prospects, according to the report of the 20th edition of Africa's Pulse.Egypt-Portugal investments hit over $450 million , FEDCOC
President of the Federation of the Egyptian Chambers of Commerce (FEDCOC) Ibrahim El Arabi said the volume of investments between Egypt and Portugal amounted to more than $450 million.CMA GCM set to launch product to boost trade between Europe and West African markets
Container transportation and shipping company CMA CGM will launch its new product Guinea Gulf Express (GGX) in complement to the current 6 weekly services by November 5.[DR Congo] Brussels Airlines launches seven weekly flights to Kinshasa
Belgium national carrier Brussels Airlines is now operating seven flights per week to Kinshasa again.[Kenya] JICA port road and bridge project opens up Mombasa’s port to the world
Mombasa is Kenya’s global gateway and plays an important role as the logistics and economic hub for East Africa. With its strategic location, the port and its infrastructure projects are attracting a lot of international investment.
