More than 250,000 rural Brazilian families overcame poverty in 2016-2022 thanks to IFAD support
Projects funded by the UN’s International Fund for Agricultural Development (IFAD) helped around 257,000 rural families to overcome poverty in Brazil from 2016 to...
World Bank earmarks US $500M for Egypt’s agriculture sector
The World Bank has approved a loan US $500 million to aid Egypt’s efforts in improving resilience in agriculture sector.
The loans will see the...
USAID launches US$30m TradeBoost programme in Zambia
USAID administrator Samantha Power on Wednesday launched a US$30 million, called TradeBoost Zambia, which will advance the US government’s Prosper Africa and Feed the...
Former Mastercard vice president joins Klasha as new chief commercial officer
Klasha Inc, a San Francisco and Lagos-based technology company transforming cross-border African commerce, announces the appointment of Nile Younis as Chief Commercial Officer.
Nile will...
Global sustainable tech company TOMRA announces strategy to double revenues in five years at...
TOMRA revealed plans to accelerate the path to a sustainable future and double its revenues in five years at its capital markets day on...
Ghana secures US $24.9M for agric-mechanisation plant
The government of Ghana has secured US $24.9million loan to develop an agric-mechanisation plant. A signing ceremony was done between the Ministry of Finance...
Zambia gets US$5.3m for drought response
Representatives from the African Risk Capacity Group and the African Development Bank have presented a US$5.3 million cheque to the Zambian Government, to aid...
ARC Group, African Bank provide drought insurance payout to Zambia
The African Risk Capacity Group (ARC) and the African Development Bank have presented a US $5.3million cheque to the Zambian Government as payout for...
Africa and the Caribbean to Strengthen Cooperation Through their Regional Development Banks
Economic ties between Africa and the Caribbean took a strong upward turn this week as the regions’ premier financial institutions—the African Development Bank and the...
Global remittances flows expected to reach US$5.4 trillion by 2030 spurred on by digitalization
Global remittances, the hard-earned money sent by migrant workers to their family members in low- and middle-income countries (LMICs), grew by 8.6 per cent...