Fitch said the triple-A rating was driven by the ‘extraordinary support’ of the Bank’s shareholders. (Image source: Adobe Stock Image)
Global credit rating agency Fitch Ratings has affirmed the African Development Bank’s (AfDB) credit rating at ‘AAA’, with a stable outlook
According to the AVCA report, 90% of all reported VC deals were in technology-enabled companies. (Image source: Adobe Stock)
The new African Private Equity and Venture Capital Association (AVCA) report has revealed that the volume of total venture capital deals in Africa has increased from 140 in 2019, to 319 in 2020
The AGRF’s agriculture matchmaking platform initiative links some 4,000 actors in the agriculture sector to investment and networking opportunities. (Image source: Adobe Stock)
The African Development Bank’s incoming vice-president for Agriculture, Human and Social Development, Dr Beth Dunford, and director for Agricultural Finance and Rural Infrastructure Development Atsuko Toda have joined development leaders online to launch this year’s African Green Revolution Forum (AGRF) Agribusiness Deal Room
Ecobank helped SMEs manage their loan repayments. (Image source: Adobe Stock)
The Ecobank Group has won 2021 African SME Bank of the Year award, for its significant contribution to the development of the SME sector during the coronavirus outbreak last year
BFS is set to focus on its core business and devote capital and resources to better banking solutions. (Image source: Adobe Stock)
Barko Financial Services (BFS), a microfinance institution in South Africa, has gone live on Temenos software-as-a-service to make it faster and easier for South Africans to access finance remotely during COVID-19
The Bell team in Richards Bay consists of more than 800 machinists, welders, and assemblers. (Image source: Bell)
GFE Power Product’s extensive range covers generators from 10 kVA up to 3,000 kVA. (Image source: GFE Power Products)
The funding is the largest-ever equity raise in the minigrid industry according to Husk. (Image source: Adobe Stock)
The initiative will help African contractors participate in annual infrastructure investments. (Image source: Afreximbank)
ITS has evolved into a sophisticated systems approach, providing numerous opportunities to revolutionise road networks. (Image source: Adobe Stock)
Invest International’s Lara Muller; Ivory Coast Minister of Finance and Economy, Adam Coulibaly; and Ambassador Designate to Ivory Coast, Jeroen Kelderhuis. (Image source: Invest International)
The Yellow Metal Machine Rental team with some Wacker Neuson equipment. (Image source: Wacker Neuson)
Although displaying resilience, the report warns that African banks remain exposed to physical climate risks due to both sovereign and industry lending. (Image source: Adobe Stock)
WAA and VCMI will seek to establish regulatory frameworks to enable access to high integrity and fair voluntary carbon markets for WAA member countries. (Image source: Adobe Stock)
The parties will also promote the mutual exchange of information and expertise in the field of export credit policies and practices. (Image source: TBD Group)
Inside Condra’s Johannesburg factory: an overhead crane positions an electric motor during assembly of hoist and crab. (Image source: Condra)
IVECO is renewing its entire product range, all at once. (Image source: IVECO)
The MoU was signed alongside the Africa Health Business Symposium. (Image source: Africa CDC)
Both the IMF and EIU expect SSA to rank as the world’s second fastest growing economy in 2024. (Image source: Adobe Stock)
There has been a focus on the sugar industry. (Image source: Adobe Stock)
Evolving concept of energy security must address energy demand, system flexibility, technology access and infrastructure development, says IRENA. (Image source: IRENA)
World Bank & African Development Bank partner to provide electricity access to 300 million Africans by 2030, leveraging public-private investments. (Image source: Adobe Stock)
(L-R): Dr Diane Karusisi, CEO, Bank of Kigali and Dr Reda Helal, group managing director – processing, Africa and co-head group processing, Network International. (Image source: Network International)
At WFES, Gotion High-tech will showcase its latest products and leading green energy solutions at its booth. (Image source: Gotion High-tech)
The new Perkins 5012 is a full-authority electronic engine optimised and purpose-built for power generation applications. (Image source: Perkins)
SSAB will begin deliveries of the new products in 2026.
The key issues restricting sub-Saharan Africa’s manufacturing sector will be unpacked at Manufacturing Indaba later this year. (Image source: Adobe Stock)
Through the innovative solution, each vessel can fill two tank containers on average between two ports. (Image source: Maersk)
Hyphen is developing sub-Saharan Africa’s largest, most advanced and only fully-vertical integrated green hydrogen project. (Image source: Hyphen)
According to Liebherr, the Used Equipment Marketplace is extremely user-friendly. (Image source: Liebherr)
Electricity storage will be pivotal in unlocking renewable projects and meeting energy demand. (Image source: Adobe Stock)
With RFID, assets can be given unique digital identities that enable users to identify and locate them all at once, from a distance, in real time. (Image source: Brady)
Africa Data Centres and DPA SA have broken ground on their solar farm in the Free State. (Image source: Africa Data Centres)
A Cat PM310 Cold Planer in action. (Image source: Caterpillar)
A larger stockholding of WEG products facilitates ready access for customers. (Image source: WEG Africa)
