African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

Adesina Urges America to Support African Agriculture as a Business

I do not seek aid for Africa. I seek investments in Africa – Akinwumi Adesina, President of the African Development Bank

The President of the African Development Bank (www.AfDB.org), Dr. Akinwumi Adesina has made a strong case for increased American and global investments to help unlock Africa’s agriculture potential. He made the remarks as the Distinguished Guest Speaker, at the USDA’s 94th Agriculture Outlook Forum (www.USDA.gov/oce/forum) in Virginia on Thursday, on…

Source: Agri SA |

South Africa: Agri SA on the 2018 Budget Speech of the Minister of Finance

Economic growth is forecasted to be 1.5 per cent in 2018, rising to 2.1 per cent in 2020

The 2018 national budget was tabled under very difficult economic circumstances. The Minister of Finance acknowledged that difficulty, but necessary trade-offs had to be made to formulate a budget that moderates spending, raises revenues whilst aiming to minimize the potential negative effect on growth. The 2017 GDP growth projection has…

Source: European Investment Bank (EIB) |

European Investment Bank confirms new EUR 24 million backing for private sector investment in Rwanda

A total of EUR 87 million has been provided for the financing of small, medium and micro-enterprises across the country

New investment and job creation by companies across Rwanda will benefit from EUR 24 million of new financing provided by the European Investment Bank in cooperation with local banks. Details of the two new financing programmes, a EUR 14 million credit line with the Development Bank of Rwanda and a…

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Source: ONEm |

Announcing mCoin: The First Inclusive Cryptocurrency Accessible outside the Domain of the Internet

mCoin is powered by ONEm's Global and scalable Platform, which has the ability to reach billions of people around the world even through traditional mobile without the Internet

Introducing mCoin (www.ONEm.com/mcoin), the first cryptocurrency accessible on any mobile. mCoin is a unique first of a kind inclusive cryptocurrency, that makes it possible for the 3 billion people around the world who don't have access to the Internet to take advantage of new kinds of services tied to blockchain…

Source: European Investment Bank (EIB) |

European Investment Bank to announce EUR 69 million new investment in Rwanda

New credit lines to support investment by entrepreneurs and small business across the country will also be unveiled

During a high-level visit to Kigali later this week the European Investment Bank is expected to confirm EUR 69 million of new infrastructure and private sector investment in Rwanda. This will include announcement of the EIB’s first public sector investment in the country to support construction of the first public…

Source: Ecobank |

Ecobank – A leader in delivering a cashless Africa

Overall fintech in Africa will grow from around US$ 200 million currently to US$ 3 billion by 2020

Millions more people in Africa now have access to financial systems thanks to cashless systems using digital technology, and more and more people are seeing the benefits of mobile banking, according to Ecobank (www.Ecobank.com), the leading independent pan-African banking group. Ecobank is the main sponsor at the Africa Tech summit…

Source: Ecobank |

Stepping up a gear: Ecobank fintech boosts financial inclusion in Africa

The Africa Tech summit takes place on 14 and 15 February in Kigali, Rwanda

Fintech is boosting financial inclusion across Africa, according to Ecobank (www.Ecobank.com/group), the leading independent pan-African banking group, a pioneer in Africa’s digital transformation and the main sponsor of the 2018 Africa Tech summit taking place today. Although over 80% of Africans have mobile phones, only around one quarter (28%) of…

Barclays Africa Group
Source: Barclays Africa Group |

Africa’s young artists called to ‘Give art life’ and enter 2018 L’Atelier art competition

This inspiring theme of the 2018 competition reflects the idea that the prestigious L’Atelier gives African contemporary art, and the talent behind it, a platform to thrive

For thousands of artists across Africa whose creativity is their livelihood, art gives life. Now, the continent’s flagship visual arts competition for emerging artists, L’Atelier, is asking these artists to ‘Give art life’ as it calls for entries into this year’s contest. This inspiring theme of the 2018 competition reflects…

Barclays Africa Group
Source: Barclays Africa Group |

Nigeria and Namibia’s young artists called to ‘Give art life’ and enter 2018 L’Atelier art competition

This brings to 12 the number of African countries participating in the competition

The L’Atelier art competition is one of the longest-running and most prestigious visual arts competitions on the African continent. It was established in South Africa 33 years ago, but in recent years has been expanded to include a number of other African countries in order to reach more young artists…

Source: Islamic Corporation for the Development of the Private Sector (ICD) |

The Islamic Corporation for the Development of the Private Sector (ICD) Board of Directors names Al Ammari as Acting CEO & General Manager following departure of Al Aboodi

Mr. Al Ammari is assuming the position at the helm of ICD on an interim basis until the designation of a new CEO and General Manager

The Board of Directors of the Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-PS.org) named Mr. Mohammed Al Ammari as Acting CEO & General Manager, succeeding Mr. Khaled Al Aboodi, who has recently been appointed to lead the government-owned Saudi Agricultural and Livestock Investment Company (SALIC).  …