The evidence against the effectiveness of microcredit as an engine of small-business growth continues to mount with the publication of David Poole’s excellent book ‘Entrepreneurs and SMEs in Rwanda: The Model Pupil Paradox’ (Bloomsbury, 2021).
Category: Investing
Finnfund Invests in Uhuru Growth Fund I to Foster Growth of West African Businesses
Finnfund, a Finnish development financier and impact investor, announce today a USD 10 million commitment to Uhuru Growth Fund I (UGF).
Prize-winning Ugandan Entrepreneur Grows Juice Business, Improves Community
A finalist of UNCTAD’s award for women in business gets $10 million from her government to build a fresh juice factory that will promote sustainable agriculture and improve livelihoods.
Family Businesses Firm Up Governance Policies to Survive Covid Pandemic
Unlike public and private companies that enjoy support from wealthy investors and governments, family companies rely on customers’ goodwill and trust for survival.
Ghana: CLOGSAG Worried Over Placement of SSNIT under Ministry of Finance
Accra, Ghana//-The Civil and Local Government Staff Association, Ghana (CLOGSAG) has expressed worry over government quest to place Social Security and National Insurance Trust (SSNIT) under the financial services division of the Ministry of Finance.
How Can Mauritius Take Advantage of the African Continental Free Trade Area?
Port Louis, Mauritius//- Mauritius, being strategically located between Asia and Africa, praise itself as having one of the continent’s most stable regulatory environment.
Chidi Koldsweat On A Mission To Provide Solutions To Africa’s Dev’t Challenges
Accra, Ghana//-Chidi Koldsweat is on a bold mission to provide clarity, direction and solutions to development challenges that plague Africa and its people over the years.
Ghana: Review of the Introduction of COVID-19 Health Recovery Levy
In accordance with Articles 179 and 180 of the 1992 Constitution, on 12 March 2021, Ghana’s Caretaker Minister for Finance, Osei Kyei-Mensah Bonsu, read the 2021 Budget Statement for the 2021 financial year.
Great Expectations As Kenya Prepares to Receive Samia on Her Maiden State Visit
There was an air of optimism in Kenya ahead of a planned visit by Tanzanian President Samia Suluhu Hassan to Nairobi this week, a visit expected to cement recent commitments between the two countries and address some sticking issues in their relations.
COVID-19 Boosts Online Retail Sales As Global E-commerce Jumps To $26.7 Trillion
Geneva, Switzerland// – The dramatic rise in e-commerce amid movement restrictions induced by COVID‑19 increased online retail sales’ share of total retail sales from 16% to 19% in 2020, according to estimates in an UNCTAD report released on 3 May.