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Dakar 2: AfDB Group, Government of Canada announce Funding Facility to...

The African Development Bank Group and the Government of Canada have established a new special fund to support Africa’s small and medium-sized enterprises (SMEs)...

AfDB approves $50 million and EUR 50 million Credit Facility for...

EBID will use the three-and-a-half-year facility to provide direct financing to local corporates The Board of Directors of the African Development Bank Group has approved...

Ecobank Ellevate, Ananse Africa partner Mastercard to train Fashion SMEs in...

Ecobank Ellevate has partnered with Ananse Africa and MasterCard Foundation to train fashion entrepreneurs and creatives in Nigeria in a move to empower small...

MSMEDA partnering to promote Youths’ Products Globally – Gamea

Egypt - Minister of Industry and Trade of Egypt & CEO of Egyptian Micro, Small and Medium Enterprises Development Agency (MSMEDA), Nevine Gamea has...

$200 million (USD) Mastercard Foundation Africa Growth Fund Launched for Investment...

The Fund-of-Funds invests in African investment vehicles targeting small and medium enterprises (SMEs) and applies Gender Lens Investing (GLI) principles.  It provides Business...

UBA Ghana bolsters SMEs with Capacity Building Programme

UBA Ghana has organised the 2022 edition of the SME capacity Building programme for business owners. This event is aimed at stimulating the growth and...

Pivo secures $2m funding, targets rapid payments for SMEs

Nigerian fintech startup Pivo, has secured $2 million in a seed fund backed by investors such as Precursor Ventures, Vested World, Y Combinator, FoundersX...

NEPC certifies 101 MSMEs, flags off same for 200 others

The Nigerian Export Promotion Council (NEPC) under the leadership of the Executive Director of NEPC, Dr Ezra Yakusak has presented export certificates to 101...

Bayelsa empowers 210 SMEs with N42m

The Bayelsa State Government on Thursday in Yenogoa gave cash grants totaling N42 million to 210 indigenous small business owners. Each beneficiary received N200,000 as...

Multimillion-dollar boost for small business as more African countries join MultiChoice...

Following the success of the MultiChoice Africa Accelerator Programme, which secured $16 million (USD) of funding for six emerging businesses last year, the programme has...