Airtel Africa Plc has announced the signing of a $125 million revolving credit facility with Citibank’s subsidiaries in Sub-Saharan Africa. According to a corporate disclosure filed with the Nigerian Exchange and seen by Business Insider Africa, Airtel Africa plans to…
The round was led by Investisseurs & Partenaires (I&P) and also saw participation from Novastar Ventures, British International Investment (BII), and Ceniarth. Having grown 23X over the last five years, IProcure is streamlining the delivery of crucial agricultural inputs to…
The Women Entrepreneurs Finance Initiative (We-Fi) has announced a new round of funding under which the African Development Bank’s Africa Digital Financial Inclusion Facility (ADFI) will receive $15 million to develop and extend digital financial solutions to women-owned small and…
Almost 20% of total would be for off-grid generation: WoodMac Traditional utilities could face ‘grid defection’ by customers An expansion in electricity production across sub-Saharan Africa will require $350 billion of investment if it’s to reach all citizens, with off-grid…
The country’s finance minister on efforts to leverage regional integration efforts Despite a significant shock from Covid-19, Egypt has proven more resilient than its peers. On top of being among a handful of developing nations to post positive economic growth…