Global powers accelerate plays for influence in Africa

In 2017, Russian-African trade surged to $17.4 billion, up significantly from $5.7 billion in 2009. Although Russia’s trade volumes with Africa are relatively tiny, exports represent a larger share of its GDP than China's or India's.


CEOs commit R363 billion to boost economy

The second instalment of the conference yesterday saw investors pledging investments totalling billions to help reignite the ailing economy, which is growing at 0.5 percent.


Modus Capital Launches new fund

The MODUS MENA VENTURE FUND I will focus on MENA-based early stage/post-accelerator technology companies as well as Small-to-Medium Enterprises (SMEs) where technology can enable them to grow rapidly.


Kenya to seek more funding from AfDB

In 2018, the Bank’s total portfolio stood at 347.15 billion shillings supporting 26 operations in public sector and 11 in the private sector.


Rwanda’s plan to become financial hub gains momentum

The blueprint seeks to facilitate the country to attract a concentration of participants in banking, asset management, insurance or financial markets with venues and supporting services for these activities to take place.