The Kigali International Financial Centre aims to transform Rwanda into an international financial destination for investors seeking opportunities across Africa.
Category: Investing
IMF Approves a Historic $650B SDR Allocation of Special Drawing Rights
Washington DC, USA//-The Board of Governors of the IMF has approved a general allocation of Special Drawing Rights (SDRs) equivalent to $650 billion (about SDR 456 billion) on August 2, 2021, to boost global liquidity.
MaxAB Acquires Morocco’s e-commerce Platform, Adds $15M to Series A
Cairo, Egypt. MaxAB, the largest Egyptian B2B e-commerce platform that serves food and grocery retailers, has acquired WaystoCap, the Morocco-based B2B e-commerce and distribution platform that connects retailers with suppliers across Africa.
Singapore Companies’ Projects in Africa Doubled in Five Years
Over the last five years[1], the number of projects by Singapore companies in Africa doubled.
Benefits of Participating in Intra-African Trade Fair 2021 Extolled at Ghana Roadshow
Accra, Ghana// – Ghana hosted a roadshow to raise awareness about the substantial benefits of attending the second Intra-African Trade Fair (IATF2021).
Kenya Is Moving Aggressively To Tax Digital Business. What Next?
Getty Images Mercy Muendo, Daystar University The COVID-19 pandemic has accelerated the shift among businesses to solutions based on digital technology.
Salt Production in Ada: Big Boost for Youth as Electrochem Ghana Sets to Create More Jobs
Accra, Ghana//-Electrochem Ghana Limited, an indigenous Ghanaian company and a subsidiary of the McDan Group of Companies as well as the managers of the Songor Salt Project in Ada of the Greater Accra Region is set to create 2000 direct jobs for Ghanaians particularly the youth in the catchment area.
How Africa Can Seize the Moment and Start Resetting its Relationship with the IMF
IMF to inject $650 billion in Special Drawing Rights into the global economy. Getty Images Danny Bradlow, University of Pretoria The International Monetary Fund (IMF) will inject $650 billion in Special Drawing Rights into the global economy. It will allocate them among its member states, which can then decide for themselves how they want to […]
10,000 Participants From More Than 55 Countries To Attend IATF 2021 in Durban
Accra, Ghana//-10, 000 participants from more than 55 countries in African and other parts of the world are expected to attend the second Intra-African Trade Fair (IATF 2021) in Durban, KwaZulu-Natal, South Africa from 15 to 21 November 2021.
Ghana Hosts Country Roadshow as Prelude to Intra-African Trade Fair 2021
Accra, Ghana//- Ghana will host on 19 August 2021 a roadshow to raise the awareness of the private sector about the substantial benefits of attending the second Intra-African Trade Fair (IATF 2021) which will take place in Durban, KwaZulu-Natal, South Africa from 15 to 21 November 2021.