Accra, Ghana//-Members of the Ghana Venture Capital and Private Equity Association (GVCA) say they are poised to collaborate radically in 2026 with the government, partners and other businesses to drive the country’s economic growth.
Category: Investing
Global South Alliance Launches Fund to Support Research on Datafication and Democracy
The Global South Alliance, a coalition of 26 digital rights organisations, launched today the second edition of the “Datafication and Democracy Fund” on December 9. The Fund will provide more US$72,000 to support research and advocacy projects focused on datafication and democracy to be implemented in 2026.
Global Trade to Hit Record $35 Trillion Despite Slowing Momentum
Global trade is on course to exceed $35 trillion in 2025 for the first time, according to UNCTAD’s final Global Trade Update of the year.
British Int Investment Supports MSMEs in Ghana with $20 Million Loan to First National Bank
Accra, Ghana//- British International Investment (BII), the UK’s development finance institution and impact investor, has provided a $20 million loan facility to First National Bank Ghana (FNBG).
New World Bank Report: Developing Countries’ Debt Outflows Hit 50-Year High
Washington//—Developing countries paid out $741 billion more in principal and interest on their external debt than they received in new financing between 2022 and 2024—the largest gap in at least 50 years, according to the World Bank’s latest International Debt Report released today.
Nigeria Champions African-Arab Trade to Boost Agribusiness, Industrial Growth
Abuja, Nigeria// — The Arab Africa Trade Bridges (AATB) Program and the Federal Republic of Nigeria formalised a partnership with the signing of the AATB Membership Agreement, officially welcoming Nigeria as the Program’s newest member country.
Ghana: Shareholders Approve MobileMoney Fintech Ltd As Merger Nears Closure
Accra, Ghana//-Shareholders of MobileMoney LTD (MML), a subsidiary of MTN Ghana responsible for Mobile Financial Services with over 17 million registered subscribers today, approved the merger of MML with the newly formed MobileMoney Fintech LTD (MMF).
Liberia: African Dev’t Fund invests Over $7m to Complete Run-of-river Hydropower Plant
Abidjan, Ivory Coast// — The Board of Directors of the African Development Fund, meeting today in Abidjan, has approved an additional loan of $7.41 million to complete implementation of the Renewable Energy for Electrification project in Liberia.
Entrepreneurship Month: Spotlight on SME Innovation and Emerging Blockchain-Enabled Financing
Small and medium-sized enterprises (SMEs) are a cornerstone of Africa’s economy, accounting for roughly 90% of businesses and providing 80% of employment.
U.S Gov’t Commits $150M to Zipline to Expand Access to Life-Saving Drone Delivery Services in Africa
The U.S. Department of State is awarding $150 million in Zipline, the world’s largest autonomous logistics system, to support the expansion of its life-saving artificial intelligence and robotics infrastructure across Africa.