Finance
Mauritius and India jointly e-inaugurate Social Housing Units and Civil Service College projects
The Prime Ministers of Mauritius and India, Pravind Kumar Jugnauth and Narendra Modi respectively, e-inaugurated the 956 Social Housing Units and the e-launched the Civil Service College (CSC) and 8MW Solar Photo Voltaic (PV) Farm projects
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Verdant Capital and KfW establish new fund to support MSME growth in Africa
Verdant Capital Hybrid Fund (VCHF) has reached its first closing at US$36mn of committed capital and support for micro, small and medium-sized enterprises (MSME) through investment in financial institutions
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Internet service provider Isizwe raises funding to catalyse commercial capital
Isizwe, an internet service provider that offers online access to low-income communities, has raised US$460,000 in funding from Global Innovation Fund (GIF) to de-risk its model and encourage further investment
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Botswana has double-digit economic growth on the cards
Statistics Botswana’s (StatsBots) latest data release shows that the real GDP has expanded by 8.4% year-over-year in the Q3 2021 compared with a contraction of 4.5% year-over-year in the Q3 2020
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AfDB board approves pooled investment to boost innovation across sub-saharan Africa
The Board of Directors of the African Development Bank Group (AfDB) has approved an equity investment pool of US$11.8mn towards the first close of the Janngo Start-Up Fund, a pan-African tech start-up fund
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