The Empower Africa Business Platform is Now Live !!!
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.

Africa faces a $100 billion annual agriculture financing gap, limiting productivity, increasing food imports, and exposing structural weaknesses across the continent’s food systems.

Andela and the Cloud Native Computing Foundation (CNCF) have announced a significant collaboration to train over 20,000 African professionals in cloud-native technologies.

ThriveAgric, a Nigerian agritech company, has announced a new initiative to empower 125,000 farmers across the country financially.