The United Nations Development Programme (UNDP) has launched the timbuktoo initiative alongside a number of African countries to bring catalytic and commercial capital together in support of Africa’s startup ecosystem
Finance
Support for MSME growth in Côte d’Ivoire
British International Investment (BII), a development finance institution, has announced a loan to support micro-, small- and medium-sized enterprise (MSME) growth in Côte d’Ivoire alongside advancing gender finance
Access Bank advances on lofty ambitions with Atlas Mara acquisition
Access Bank Zambia, a subsidiary of Access Bank Group plc and a leading full-service commercial bank, has completed the acquisition of African Banking Corporation Zambia Limited (trading as Atlas Mara Zambia) after obtaining regulatory approvals
Kenya signs economic partnership agreement with EU
The European Union (EU) and Kenya have signed an Economic Partnership Agreement (EPA) to enhance trade in goods, increase investment flows and contribute to economic growth
Côte d’Ivoire receives funding to encourage industrial diversification
The African Development Bank (AfDB) has approved to loans to Côte d’Ivoire for the implementation of the Diversification, Industrial Acceleration, Competitiveness and Employment (DAICE) Programme the country had adopted under its National Development Plan 2021-2025