Latest News for: African financier


West African commercial solar installer looks east

PV Magazine 13 May 2021
Starsight Energy has offices in Nigeria and Ghana and its press release stated it is backed by London-based private equity group Helios Investment Partners and the Cape Town-based financial service African Infrastructure Investment Managers, which is owned by Johannesburg-based banking group Old Mutual.

Taking preventative measures to avoid being overindebted

Independent online (SA) 13 May 2021
The South African economy had long started to spiral downwards due to poor financial decisions ... Making long term life changing financial decisions have been put to a halt to make way for the stringent monthly budgets to survive until the next pay-day ... When in financial woes, do not despair, help is there.

Western Countries Prevented African Nations From Having Their Own Vaccine

Vice 13 May 2021
Through their Structural Adjustment Programmes (SAPs), the IMF and World Bank handed out conditional loans to over 40 African nations, which required governments to implement financial reforms based on free-market strategies of growth ... “We need to get our governments to see value in investing in African resources,” Kyobutungi said.

Cameroon fintech firm Maviance obtains USD 3 mln from MFS Africa

Telecom Paper 13 May 2021
Cameroon-based financial technology firm Maviance has obtained USD ...

Creating a better Africa and world through trade

Business Day 13 May 2021
“The main objectives in terms of foreign policy-making should be to expand regional, continental and African trade based on an informed understanding of the ... The demand for business and financial services, especially from African countries, will probably grow in the coming years.

NGX Group to launch ‘The Stock Africa Is Made Of’ campaign

Business Day Online 13 May 2021
... to the African financial markets as a leading capital market infrastructure provider, connecting Nigeria, Africa and the world.

Dahleen Glanton: Let’s pay people to get the COVID-19 vaccine if that’s what it takes

Winona Daily News 12 May 2021
Then, I saw an African American friend’s Facebook post ... Suddenly, I understood why African Americans are lagging behind other Chicagoans in getting the vaccine ... In the end, African Americans will again suffer the harshest financial and health consequences of returning to normal while the virus is still a threat.

Sudan: African Development Bank Group completes clearance of Sudan’s $413 million arrears

Reliefweb 12 May 2021
Clearing of arrears with international financial institutions such as the African Development Bank, the World Bank and the International Monetary Fund, is one of the preconditions for Sudan under the Highly Indebted Poor Countries (HIPC) Initiative, which is paramount for clearing other debt owed to the Paris and Non-Paris Club creditors.

Black Restaurant Week– Nashville Serves Up Heritage with No Crumb Left Behind Campaign

The Tennessee Tribune 12 May 2021
The national culinary and cultural campaign celebrates the flavors of African American, African, and Caribbean cuisine with a regional showcase in Nashville ... Nashville is recognized as a leading culinary destination; with flavors from the African diaspora making a significant contribution to the local food scene.

UPDATE: Ethiopia Lost $500m on Telecom License Mobile-Money Move, PM Says

Tadias 12 May 2021
Financial technology is a major revenue and profit driver for African telecom operators, who are filling a gap left by traditional banks and taking advantage of soaring smartphone use ... Mobile financial services have become a significant part of African telecom operators’ ...

South African banks under fire over their exclusion of black businesses

Independent online (SA) 12 May 2021
DURBAN - SOUTH African banks have all but admitted to having done little to support black businesses financially, and have justified this by saying they were looking at the interests of their depositors. This amid a growing outcry against financial discrimination and exclusion among black businesses.

DP World launches e-commerce platform in Rwanda

Algeria Times 12 May 2021 adds digital trading corridors to the physical corridors DP World has built across the African continent with its investment in ports, terminals, and logistics operations ... eCommerce, including reliable fulfilment, secure financial transactions, and the movement of goods.

Ethiopia lost US$500 million on telecom license mobile-money move

Ghana Web 12 May 2021
The block imposed to allow the country to build its own expertise in phone-based financial ... Financial technology is a major revenue and profit driver for African telecom operators, who are filling a gap left by traditional banks and taking advantage of soaring smartphone use.