The China International Import Expo (CIIE) has helped to diversify Chinas sources of imports and facilitate greater trade flows between China and Africa, said François Gamet, head of Asia for the Standard Bank Group and CEO of Standard Advisory (China) Ltd
Finance
NIT signs distribution agreement with barox for META region
NIT, an Ingram Micro Company and a regional value-added distributor of IP surveillance and physical security solutions in the Middle East, Turkey and Africa (META) region, has signed a distribution agreement with barox Kommunikation GmbH
VC4A announces 2020 ‘Venture Showcase Series A’ in collaboration with AWS Activate
VC4A is calling for disruptive African scale-ups looking to raise between UK$500,000 and US$10mn
IFC invests in Nigeria’s Zenith Bank to support SMEs
IFC, a member of the World Bank Group, has announced an investment of up to US$100mn in Nigeria’s Zenith Bank Plc to help it increase support to clients and companies whose cash flows have been disrupted by challenges caused by the COVID-19 pandemic
AUDA-NEPAD and Ecobank announce pillars of “100,000 MSMEs by 2021” programme
AUDA-NEPAD, the African Union Development Agency, and Ecobank Group are committing to pool African resources, capabilities, financing, market access and technology, to help achieve a continental response to resources to Africa’s Micro Small and Medium Enterprises (MSMEs)