London, UK//- The Private Infrastructure Development Group’s (PIDG) (www.PIDG.org) long-term infrastructure debt business, the Emerging Africa Infrastructure Fund (EAIF) saw its loan book break through the $1 billion mark in 2020.
Category: Investing
Blended Finance: A Solution For Rwanda’s Entrepreneurs?
Our review of David Poole’s book ‘Entrepreneurs and SMEs in Rwanda: The Model Pupil Paradox’ prompted a full postbag of reader feedback.
Ghana: India Africa Trade Council, MP Discuss Investment Opportunities
Accra, Ghana//-The West African Director, Corporate Affairs of the India Africa Trade Council (IATC), Jeremiah Quayson paid a courtesy call on the Member of Parliament (MP) for Yilo Krobo, Albert Nyakotey.
Remittances to South Africa on the Rise
Since COVID-19 hit South Africa in early 2020, leading payment aggregator and provider of secure payment solutions, Pay@ has seen a 50% year-on-year increase in money transfer transaction volumes – a trend which Account Executive, Hennie Blignaut, expects to show no sign of slowing down.
A Global Corporate Tax Rate: Will it Help or Hinder Developing Nations’ Covid-19 Recovery?
Oxford Business Group// – During last year’s US presidential campaign, Joe Biden promised to crack down on tax-evading multinationals, and he has now called for a global minimum corporate tax rate.
African Dev’t Bank Clears Sudan’s $413 Million Arrears
Abidjan, Cote d’Ivoire// – Following approval of the proposal by the Boards of Directors of the African Development Bank Group to clear about $413 million in arrears on loans owed by Sudan, the Bank Group has completed the arrears clearance process, enabling the East African country to have immediate access to new financing.
Defying Predictions: Remittance Flows Remain Strong During COVID-19 Crisis
Washington DC, U.S// — Despite COVID-19, remittance flows remained resilient in 2020, registering a smaller decline than previously projected. Officially recorded remittance flows to low- and middle-income countries reached $540 billion in 2020, just 1.6 percent below the 2019 total of $548 billion, according to the latest Migration and Development Brief.
AfDB Invites Business Enablers to Apply for Funding to Support Women Entrepreneurs
Abidjan, Côte d’Ivoire//- This May, the African Development Bank Group is launching a call for proposals for projects enhancing the viability and sustainability of women entrepreneurship enablers.
New Research by Tony Elumelu Foundation, Stanford Urges African Entrepreneurs to Embrace Growth Opportunities
Lagos, Nigeria//-The Tony Elumelu Foundation, Africa’s leading philanthropy, in partnership with Stanford University has released a comprehensive research study centred on African entrepreneurs, urging African entrepreneurs to embrace growth opportunities.
Samia Opens New Era, Needs Quick Wins to Succeed
Tanzanian President Samia Suluhu and her Kenyan counterpart Uhuru Kenyatta took decisive steps this week to put a frosty past behind them and shift focus to the promise of a new dawn in relations.