Access Bank has raised $1.7 million at its Charity Polo Tournament held at The Guards Polo Club, Egham, Surrey, United Kingdom. The money, the bank said, will be directed towards …
The African Development Bank (AfDB) Group has approved a $134 million loan for the National Agriculture Growth Scheme – Agro Pocket program in Nigeria to scale up food production and …
The global credit rating agency Fitch Ratings has affirmed the African Development Bank’s (AfDB) long-term credit rating: AAA with a Stable Outlook. The ‘AAA’ rating is given to institutions with …
Catalyst Fund has raised $3.5 million from FSD Africa, seeking to accelerate and scale Pre-Seed Impact Ventures in Africa. With FSD Africa’s backing, Catalyst Fund will invest and offer hands-on …
Cassava Technologies, An African Information technology company has announced closing a $50 million investment from a specialist venture capital firm, C5 Capital. The new funding was confirmed on Tuesday in …
The Central Bank of Nigeria (CBN) has issued a stern warning to Nigerians converting Naira to the US dollar. According to CBN, it would place a post-no debit on bank …
The International Finance Corporation (IFC) is channelling billions of shillings into Kenyan small businesses and women-owned enterprises through strategic loan partnerships with banks, plugging a gap in the local credit …
Central Bank of Nigeria in its latest data has revealed that the RT $200 FX programme recorded a massive success as non-oil exporters have ramped up the repatriation of export …
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted unanimously to raise the Monetary Policy Rate (MPR) to 14 per cent from 13%. CBN Governor, Godwin …
Investment company AfricInvest and venture capital firm Cathay Innovation, have announced the final close of their joint Pan-African Venture fund, Cathay AfricInvest Innovation Fund (CAIF) at €110M. The fund is …
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