IFC to invest $10 mn in Egypt’s energy sector
The funding will go towards helping Globaltronics expand on the installation of...
Africa
Africa seeks to drive FDIs on the back of energy transition
It is reported that financial institutions' lending behaviour on the continent is...
South African Airways seeks R26.7 bn bailout package
The proposed package is significantly higher than what the government was prepared...
Kenya Airways consider resuming passenger flights
According to the carrier, discussions with key industry stakeholders are underway in...
African airlines expected to lose $8.103 bn in revenue this year
Based on the Covid-19 impact analysis, there was a 90.3 percent year-on-year passenger...
South Africa-based healthtech BusyMed secures funding
The funds came from local venture capital firm LionPride...
Africa’s oil and gas under strain amid global crisis
Renewable energy is recognised as an alternative that could help to mitigate...
Nigeria-based fintech Carbon launches social banking service
The keyboard extension allows customers to access its services from within whatever...
MTN Nigeria plans N600 bn investment to improve 4G coverage
The investment will stretch over a period of three years...
Opec Fund launches $100 million trade finance facility in Africa
Its trade finance facility aims to encourage import and export of strategic commodities and...