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A new year signifies new beginnings. Everyone is refreshed and ready to tackle new opportunities. With financial year-ends just around the corner, this is an opportunity to evaluate costs and …
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News
Mukuru’s Awarding of Deposit-Taking Microfinance Institution (DTMFI) Licence – a Boost for Financial Inclusion in Zimbabwe
Next-generation financial services provider, Mukuru has been awarded a Deposit-Taking Microfinance Institution (DTMFI) licence in Zimbabwe. This important achievement enables Mukuru to expand on its mission of driving financial inclusion …
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News
Sustainable Energy Fund for Africa welcomes Japan as donor; showcases innovative financing solutions for Africa’s energy transition
The Sustainable Energy Fund for Africa (SEFA) recorded a new milestone at the Africa Investment Forum 2024, with the announcement of Japan as its newest contributor, expanding the Fund’s donor …
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Rothschild & Co has announced a significant leadership change within its Swiss operations. After more than 11 years of successful tenure, Christian Bouet, the current Chief Financial Officer (CFO) of …
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News
Madagascar: African Development Bank Group grants a $165 million loan to develop roads in Southern Madagascar and facilitate trade
The Board of Directors of the African Development Bank Group has approved a $165 million loan to Madagascar to develop critical trade corridors and improve regional connectivity. The funding, granted …
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The International Monetary Fund says it is open to renegotiating Ghana’s $3 billion financing programme with President-elect John Dramani Mahama’s administration provided accompanying reforms aren’t jeopardised. “IMF-supported programmes are developed …
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Swoop has announced the appointment of Cameron Hyzer as Chief Financial Officer, with immediate effect. In his role, he will oversee Swoop’s financial strategies and will lead the finance organization, …
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News
African Development Bank and Trade and Development Bank (TDB) Group strengthen trade finance partnership through a Trade Finance Unfunded Risk Participation Agreement
The African Development Bank Group and the Eastern and Southern African Trade and Development Bank (TDB Group) have signed an agreement for a $150 million Trade Finance Unfunded Risk Participation …
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News
African Development Bank (AfDB), Development Bank of Southern Africa (DBSA) and institutional investors sign agreement for new African multi-originator synthetic securitization platform
The African Development Bank Group, together with the Development Bank of Southern Africa (DBSA) and key institutional investors Academy Securities, Africa50, and Newmarket, signed a Letter of Intent to explore …
