African Loans

IFC and development groups help finance vaccine production in Africa

FILE PHOTO: A woman holds a small bottle labeled with a “COVID-19 Coronavirus Vaccine” sticker and medical syringe in this illustration taken October 30, 2020. REUTERS / Dado Ruvic / File Photo (Reuters) – Global development groups including International Finance Corp (IFC) have said they will consider helping African producers …

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Tobacco pays off in Zimbabwe, but growers talk about debt

Zimbabwean farmers are growing tobacco again. But some say it’s the lenders who profit from farmers’ debt. Rosemary Dzodza is a small farmer who recently traveled 200 kilometers to the capital, Harare. She brought her tobacco crop for what she hoped would be a profitable day. But the 60-year-old farmer …

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YABX among the world’s best startups nominated for the GSMA GLOMO 4YFN Impact Awards

NEW DELHI, May 27, 2021 / PRNewswire / – Yabx, a digital lending fintech company, today announced that it is the only Indian startup to be shortlisted by the GSMA for the 2021 GLOMO 4YFN (4 Years From Now) Impact Awards. The 4YFN Impact Awards are the GLOMOs category aimed …

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African stars transfer news and rumors: Konate passes Liverpool medical check

Goal brings you all the latest news, rumors and offers related to African stars around the world Konate passes Liverpool medical check Ibrahima Konate will complete his move to Liverpool in the coming weeks and has already passed his medical with the Premier League club according to the Mirror. Goal …

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IntoCare Medical Raises Up to RMB100 Million in Round D Funding, Doubling the Motorized Stapling Market

Founded in 2015, IntoCare is a high-tech company focused on manufacturing and marketing innovative surgical instruments. The company is committed to becoming one of the most innovative and dynamic surgical instrument companies in the China. Thanks to its precise and in-depth knowledge of clinical demands, IntoCare has constantly innovated in …

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Easy registration to close the financing gap for African SMEs Sh33trn

Chroniclers Easy registration to close the financing gap for African SMEs Sh33trn Wednesday, May 26, 2021 Nairobi Stock Exchange dealing room. PHOTO | NMG By RUFUS MWANYASIMore from this author summary It is undeniable that SMEs play a vital role in the growth of an economy both as a creator …

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Africa’s infrastructure paradox can be alleviated with innovative finance | New times

108 billion dollars. This number, too large to be apprehended, represents Africa’s annual infrastructure financing gap, and as revealed by a study conducted by the African Center for Economic Transformation (ACET) and Omdena, a data, it could grow to 1.7 (!) Trillion dollars over the next 20 years. years. According …

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Black US borrowers get over $ 14 billion in PPP loans, while others miss funding because funding unexpectedly ends

This year, black and African American borrowers obtained more than $ 14 billion in paycheck protection program loans. In this category, 714,501 loans worth about $ 14.1 billion have been approved as of May 16, according to data from the US Small Business Administration. Asian borrowers took in 148,406 loans …

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