10 results
- 6 Dec 2021
TradeDepot Raises $110 Million To Extend ‘Buy-Now-Pay-Later’ to Retailers Across Africa
TradeDepot, the leading B2B eCommerce and embedded finance platform in Africa, has raised $110 million in an equity and debt funding round to support the delivery of Buy-Now-Pay-Later services to 5…
- 25 Mar 2020
African Experts to Xray COVID-19 @ #StartupSouth:#LifeAfterCorona
Experts from across Africa will converge online at the #StartupSouth:#LifeAfterCorona Virtual Conference on Monday March 30, at 4pm (GMT+1) to discuss the Economic Impact of COVID-19 on Africa and…
- 20 Jan 2021
AfDB, European Investment Bank Sign Joint Partnership Action Plan to Fast-track Development in Africa
The African Development Bank (AfDB) and the European Investment Bank (EIB) have signed a joint partnership action plan highlighting their strengthened cooperation and mutual development priorities…
- 2 Nov 2021
Elumelu@ GEN-U Sahel, Says TEF Funded 10, 898 Entrepreneurs across Africa
Tony Elumelu, founder and chairman of Tony Elumelu Foundation (TEF), has said that the foundation has funded 10, 898 entrepreneurs across Africa, who have gone on to create further 400, 000 direct…
- 10 Feb 2020
Tony Elumelu Foundation Disburses First $5m Partnership Commitment from AfDB
Tony O. Elumelu, has congratulated the African Development Bank (AfDB), and Akinwumi Adesina, AfDB President on their commitment to African entrepreneurship, with the disbursement of $2.5million seed…
- 22 Mar 2021
Tony Elumelu Foundation Releases 2020 Annual Letter
The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy committed to empowering African entrepreneurs, has released its 2020 Annual Letter titled “THE POWER OF ENTREPRENEURSHIP AMIDST…
- 1 Nov 2019
African Development Bank Celebrates Historic Capital Increase
The African Development Bank on Thursday celebrated a historic $115 billion increase from its shareholders, the largest in the bank's 55-year history. Applause rang through the stately auditorium of…
- 8 Feb 2018
AfDB Achieved Highest Annual Disbursement in 2017 – Adesina
Dr Akinwumi Adesina, President of African Development Bank (AfDB), said that the Bank, 2017, achieved its highest annual disbursement ever of 7.67 billion dollars on supports. Adesina said this in a…
- 4 Apr 2023
IFC, Bank of Africa Group Deepen Partnership to Boost SME Financing in Africa
To support economic activity and job creation in 10 countries across sub-Saharan Africa, IFC announced an investment in a risk-sharing facility for the Bank of Africa Group (BOA) that will ease…
- 14 Aug 2026
FG Seeks to Half Burkina Faso's Internet Cost while Nigerians Pay more
Nigeria is partnering with Burkina Faso on Project Building Resilient Digital Infrastructure for Growth (BRIDGE), to extend terrestrial fiber-optic routes through Niger and Benin, aiming to cut…