Centurion Law Group
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    • Incentives for Digital Economy Production in Cameroon (By Achare Takor)
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Source: Centurion Law Group |

Incentives for Digital Economy Production in Cameroon (By Achare Takor)

An Overview of Section 124b of the General Tax Code

By Achare Takor Over the last decade, information technologies (IT) have revolutionized the way people and businesses carry out their daily activities worldwide. There is abundant evidence that the upsurge of technology has been a major contributor to fundamental economic change, notably the growth in global production and the distribution…

African Development Bank Group (AfDB)
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    • Finance in Common Summit Spring Meeting: public development banks call for new financing for Africa’s recovery post-Covid-19
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Source: African Development Bank Group (AfDB) |

Finance in Common Summit Spring Meeting: public development banks call for new financing for Africa’s recovery post-Covid-19

Participants in the meeting, hosted by the African Development Bank, brainstormed on joint actions that could help boost a strong and inclusive recovery in Africa

A global coalition of public development banks today emphasized the urgency of immediate resources for Africa’s recovery post-Covid 19. Together, they committed to deepening cooperation to boost investment opportunities across the continent. Participants in the meeting, hosted by the African Development Bank, brainstormed on joint actions that could help boost…

Source: Temenos |

South Africa’s Largest Fund Administrator Goes Live with Temenos

Agility and scalability of Temenos platform supports Curo’s large multi-client fund base and rapid pace of product evolution in the investment industry

Temenos Multifonds Global Accounting platform enables Curo Fund Services to deliver seamless back office service; Curo is a third-party administrator for 3,000 funds with assets under management in excess of $150 billion; Agility and scalability of Temenos (www.Temenos.com) platform supports Curo’s large multi-client fund base and rapid pace of product…

Africa Women Innovation and Entrepreneurship Forum (AWIEF)
Source: Africa Women Innovation and Entrepreneurship Forum (AWIEF) |

Nedbank and Africa Women Innovation and Entrepreneurship Forum Partner for the Fourth Cohort of the AWIEF Growth Accelerator

The accelerator provides capital-raising support for growth, scale and sustainability

The Africa Women Innovation and Entrepreneurship Forum (AWIEF) (www.AWIEForum.org) is hosting the fourth cohort of its flagship AWIEF Growth Accelerator, sponsored by Nedbank. Access to finance is the most cited challenge to the growth of women-owned businesses in Africa. Bankability and investment readiness are major impediments to attracting business finance.…

Source: African Development Bank Group (AfDB) |

UK Parliamentary Committee recognises the African Development Bank’s effectiveness in responding to Covid-19

The report recognises the Bank’s effectiveness in responding to the pandemic and encourages the British government to work with it to ensure that momentum is not lost in 2021

The African Development Bank (www.AfDB.org) has welcomed a report published by the UK House of Commons’ International Development Committee on Britain’s support to the African Development Bank Group. The report was prepared by the Sub-Committee on the Work of the Independent Commission for Aid Impact (ICAI). The report recognises the…

African Development Bank Group (AfDB)
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    • Social safety nets, community spirit help South African mother through Covid-19 crisis
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Source: African Development Bank Group (AfDB) |

Social safety nets, community spirit help South African mother through Covid-19 crisis

About 2.6 million South Africans have lost their jobs since the pandemic hit

Around 40 km outside Cape Town, Leebah Bessick wipes sweat from her forehead as she digs a pitchfork into the earth at a neighbourhood community garden. It’s an unseasonably hot day here at Blackheath Secondary School and even a shady corner of the garden offers Bessick and the other gardeners…

Wealth Migrate
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    • Wealth Migrate an African leader in obtaining a licence to offer crowdfunding services to investors
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Source: Wealth Migrate |

Wealth Migrate an African leader in obtaining a licence to offer crowdfunding services to investors

Wealth Migrate SA (Pty) Ltd has been approved as a Category I Financial Services Provider

Online investing portal Wealth Migrate SA (Pty) Ltd (https://WealthMigrate.com) has been approved as a Category I Financial Services Provider - FSP 47394, which allows it to provide its crowdfunding offering (when a group of people club together to fund a project or venture) on an intermediary services basis using shares…

Arab Petroleum Investments Corporation (APICORP)
Source: Arab Petroleum Investments Corporation (APICORP) |

APICORP: Middle East and North Africa (MENA) energy investments to exceed USD805 bn over next five years

MENA can emerge as a major blue and green hydrogen-exporting region thanks to low-cost gas resources and strong renewable energy progress

APICORP’s (www.APICORP.org), latest MENA energy investment outlook sees a modest USD13 bn rise in committed and planned energy investment compared to previous year’s outlook; Renewables claim a significant share of almost 40% the estimated USD250 bn in power sector investments; Committed Gas investments projected to fall by USD9.5 bn to USD75 billion after…

Source: African Development Bank Group (AfDB) |

African countries commit to double agricultural productivity as development banks and partners pledge over $17 billion to increase food security

Of the overall amount pledged, more than $10 billion came from The African Development Bank

A coalition of multilateral development banks and development partners has pledged over $17 billion in financing to address rising hunger on the African continent, and to improve food security. These funds were pledged on the final day of a two-day high-level dialogue called Feeding Africa: leadership to scale up successful…

International Fund for Agricultural Development (IFAD)
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    • Akinde Lorluuma, a rice farmer in Nigeria, is delighted by electronic payments via Mobile Banking at the point of purchase | ©IFAD/ Bernard Kalu
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Source: International Fund for Agricultural Development (IFAD) |

African countries commit to double agricultural productivity as development banks, institutions pledge US$17 billion to increase food security

IFAD said it aimed to provide an additional US$1.5 billion to Africa to support national efforts to transform food and agricultural systems over the next three years

A coalition of multilateral development banks and development partners has pledged over US$17 billion in financing on Friday during a high-level forum, in a bold bid to address rising hunger on the African continent and to improve food security. These funds were pledged on the final day of a two-day…