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The African Development Bank Group (AfDB) has secured a $350 million loan from the Japan International Cooperation Agency (JICA) to enhance its support for private sector operations in Africa.
The facility will provide the necessary financial resources to support the growth and development of private sector operations in Africa, which will, in turn, create more jobs, increase productivity, and foster inclusive economic growth. The loan will support various private sector operations, including infrastructure development, agribusiness, energy, and manufacturing. It will also provide financing for small and medium-sized enterprises (SMEs) in Africa, which is critical to job creation and economic growth.

South African e-health startup RecoMed has joined forces with Discovery Vitality to streamline the booking process for flu vaccinations and Vitality Health Checks.

Visa has selected 23 African startups for the inaugural cohort of its Visa Africa Fintech Accelerator.

Gebeya, a leading Pan-African talent cloud company, has announced a strategic partnership with O’Reilly, a respected provider of technology and business learning solutions, to empower African professionals in the digital age.