IFC and Intel Capital Team Up to Foster Technological Innovation

IFC, a member of the World Bank Group, and Intel Capital, Intel Corporation’s global investment organization, announced today that they will coordinate their technology...

SA to host Global Tax Forum meeting

Pretoria - South Africa is to host the 2012/2013 meeting of the Global Forum on the Transparency Exchange of Information for Tax Purposes, Cabinet...

Sustainability, growth key to African expansion

Pretoria - Issues of sustainability, stability as well as growth in the medium-term are key to sustaining the African continent's expansion, says Deputy Finance...

Nigeria: How ‘Mobile Money’ Will Boost Nigerian Economy

Lagos — The Central Bank of Nigeria (CBN), in order to achieve its cashless policy for the country, recently licensed some operators to deliver...

Ex-Im Bank Financing for Sub-Saharan Africa Exceeds $1 Billion for First Time

The board of directors of the Export-Import Bank of the United States (Ex-Im Bank) voted today to approve an $805.6 million direct loan to South Africa's state-owned electric power...

Tigo cashing in on African mobile market

A new mobile money service from Millicom International Cellular, the operator of the Tigo brand, is turning up the heat in one of Africa's...

World Bank to finance safety net for a million people in Niger

The World Bank’s Board approved a new credit of US$70 million to implement a comprehensive social safety net system in Niger, where an estimated...

Citadel Capital Ranked Largest PE Firm in Africa for Third Year Running

Citadel Capital, the leading private equity firm in the Middle East and Africa with investments of US$ 8.6 billion under control, has been ranked...

Equity Bank seeks investment for Africa causes

NAIROBI (Xinhua) -- Kenya’s Equity Bank CEO James Mwangi has joined a panel of global and continental business and development heavyweights seeking to attract...

Innovative approach key to increase access to finance for African SMEs

African small and medium enterprises' (SMEs) financing gap is proportionally much greater than other regions, primarily because it is working from such...

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