Norfund has invested in Norrsken22, a new tech fund supporting technology growth and impact across Africa. The fund raised USD 205 million in total, surpassing its target of USD 200 million. Norrsken22 is focused on entrepreneurs developing fintech, edtech, medtech and
In a demonstration of its dedication to environmental preservation, more than 200 Moza Banco employees collaborated with volunteers from diverse private, academic, and governmental organizations during the second phase of the "Let's Plant Trees" project. Guided by environmentalists and local council
The Uganda Green Enterprise Finance Accelerator (UGEFA) joined forces with dfcu Bank to foster green economic development in Uganda. dfcu Bank is committed to transforming the economy in Uganda and enhancing the wellbeing of its people. In line with UGEFA's vision
NMB Bank Zimbabwe and Rabo Partnerships entered into a multiyear partnership aiming to support the bank to become a dominant player in the food and agribusiness sector and to play a catalyst role in the development of the agricultural ecosystem. Zimbabwe
Ecobank and the African Guarantee Fund (AGF), a specialized pan-African guarantee provider, have joined forces in a groundbreaking USD 200 million risk-sharing agreement, aimed at catalysing economic growth and supporting entrepreneurial ventures – including women-owned SMEs on the continent. The risk-sharing
Equity Group Holdings (EGH) has successfully concluded the acquisition of Compagnie Générale de Banque (Cogebanque) Plc (COGEBANQUE), solidifying its regional expansion strategy. The acquisition whch was concluded on 30 November 2023, resulted in EGH holding 99.1250% of COGEBANQUE's issued share
Zambian financial inclusion in a changing digital landscape came under the spotlight at the recent Digital Government Africa (DGA) Summit, which was held in Zambia. With a projected 4.2% growth in the country's GDP in 2024, the rising adoption of
Arise is excited to announce the appointment of Papa Loum, who has recently joined us as a Senior Investment Associate. Papa began his career at Citi as a Corporate and Investment Banking Analyst, covering diverse sectors like oil and gas, manufacturing,
Rabo Partnerships recently hosted its 2023 edition of the Future Leadership Program. This eight-week training program is aimed at developing banking professionals from the organisations’ partner institutions in Africa and Latin America. This was the 11th consecutive year that this program
An innovative dfcu Investment Club app has emerged as the platinum winner for the Infosys Finacle Innovation Awards 2023 under the category of business model innovation. The app was selected from over 200 global nominations across 10 categories by a
