The Empower Africa Business Platform is Now Live !!!
Siemens Did you know that the digital gap in Africa remains a significant challenge, with internet penetration estimated to be around 39.3%
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.

Joliba Capital, a private equity firm focused on investing in SMEs in West Africa, has announced the first close of its Joliba Fund I at $59m.

Electric bus provider BasiGo is set to enhance Rwanda’s public transport sector with the arrival of 28 new electric buses.

Mono Technologies Nigeria Limited, a provider of open banking infrastructure for African businesses, has announced a strategic partnership with Mastercard to revolutionize digital payments across the continent.