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.
Kenya’s President William Ruto has launched the much anticipated East Africa Device Assembly Kenya Limited (EADAK) in Athi River, Machakos County.
Nigerian biotech company Syndicate Bio has partnered with SOPHiA GENETICS, a leader in cloud-based healthcare software to improve access to advanced cancer diagnostics in Africa,
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