UGX. 60bn Earmarked for Schools Re-opening-Stanbic
Africa Investment

UGX. 60bn Earmarked for Schools Re-opening-Stanbic

Kampala, Wednesday— January 5, 2022 —Stanbic Bank Uganda has today announced the immediate availability of UGX60billion in hugely discounted ‘booster financing’ to the education sector a move aimed at supporting the ongoing nationwide reopening of schools after nearly two years of inactivity. Lender to also write-off accumulated interest on loans owed by indebted private schools […]

$47.09M Agro-industrial Processing Zone-Mozambique
Africa Investment

$47.09M Agro-industrial Processing Zone-Mozambique

Abidjan, 5 January 2022 – The Board of Directors of the African Development Bank Group has approved a $47.09 million grant for the first phase of Mozambique’s Pemba-Lichinga Integrated Development Corridor, a Special Agro-Industrial Processing Zone. The grant, from the African Development Fund, will help improve agricultural productivity and agribusiness development in the Niassa province by […]

Presidents Discuss Ethiopia’s Development Priorities
Africa Opportunities

Presidents Discuss Ethiopia’s Development Priorities

Abidjan, 16 December 2021 – Ethiopian President Sahle-Work Zewde met with African Development Bank President Dr. Akinwumi A. Adesina while on a working visit to Côte d’Ivoire. Meeting Thursday at the Bank’s headquarters in Abidjan, they discussed Ethiopia’s current and post-Covid-19 development priorities. Describing the African Development Bank as Ethiopia’s development partner of choice, President Zewde commended the […]

$24.75 million to 5000 African SMEs-Tony Elumelu
Africa Jobs & career

$24.75 million to 5000 African SMEs-Tony Elumelu

Lagos, Nigeria: The Tony Elumelu Foundation (TEF), the leading philanthropy empowering African entrepreneurs from all 54 African countries, has selected 4,949 entrepreneurs from across Africa for its 2021 Entrepreneurship Programme. The 2021 beneficiaries were selected from a pool of over 400,000 applications, based on their innovation, performance, and growth potential to create jobs and eradicate […]