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.
Google Cloud has officially unveiled its first cloud region in Africa, situated in Johannesburg, South Africa.
The Food and Agriculture Organization (FAO) has announced plans to establish a dedicated Fall Armyworm Research Hub in Kenya.
CatalyzU, a tech-driven platform that supports African talent, has partnered with Future Africa, a pan-African venture capital firm, to launch the “How to Startup” Fellowship.
© 2021 Empower Africa. All rights reserved.