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AWIEF announces keynote speakers for 2019 Conference

CAPE TOWN, South Africa, October 21, 2019 –  AWIEF – The Africa Women Innovation and Entrepreneurship Forum has announced the keynote speakers for its prestigious annual conference taking place at the Cape Town International Convention Centre (CTICC), 29-30 October 2019 for the advancement of women in Africa as innovators and entrepreneurs. [Read more…]

Healthy.io raises $60 million

TEL AVIV – Israel’s Healthy.io said on Thursday it raised $60 million in funding and received clearance from the U.S. Food and Drug Administration for its smartphone-based urine albumin test to aid in diagnosing chronic kidney disease. [Read more…]

Grab seeks further financing

Grab

SINGAPORE – Grab is looking to raise another $2 billion this year to ramp up expansion, its CEO Anthony Tan told Reuters, just weeks after announcing over $4.5 billion of funding in what has become Southeast Asia’s largest round of private financing. [Read more…]

Digitisation key to financing development

digitising finance

MARRAKESH, Morocco, March 2019 –  Africa must digitise its economies, broaden its tax base, prevent further deterioration of fiscal and debt positions, and aim for double-digit growth to achieve the UN 2030 global goals (SDGs), and the AU Agenda 2063 according to the 2019 Economic Report on Africa released today at the Conference of Ministers. [Read more…]

US economy growth revised

us economy growth

WASHINGTON – The US second quarter economy,  grew  faster than expected, showing its fastest pace in over two years, however the momentum will probably slow in the third quarter as Hurricanes Harvey and Irma temporarily curbed activity. [Read more…]

SAP Recommends Dividend

SAP software

WALLDORF, Germany, Feb. 23, 2017 – The Executive Board and the Supervisory Board of SAP SE (NYSE: SAP) recommend that shareholders approve a dividend of €1.25 per share for the fiscal year 2016 at the Annual General Meeting of Shareholders. [Read more…]

G20 leaders pledge boost for economic recovery

G20 leaders economy boost

The Group of 20 (G20) leaders have called for more collective action to achieve strong, sustainable and balanced growth that can be universally beneficial for economic recovery. [Read more…]

NISABA, Agribusiness in Sub-Saharan Africa

Louis Dreyfus

Agribusiness in Sub-Saharan Africa – Bamboo Finance, a private equity firm specializing in investing in business models that benefit low-income communities in developing economies and Louis Dreyfus Holding, which owns a controlling stake in leading global agribusiness Louis Dreyfus Commodities, announced today a partnership to launch and jointly manage NISABA, a US$50 million impact investment fund project with a focus on small- and medium-sized agribusiness enterprises (SMEs) in Sub-Saharan Africa. As project sponsor, Louis Dreyfus Holding will invest US$10 million to seed NISABA. [Read more…]

Why Global Economic Growth Is Sluggish

Economic Growth

There’s bullish talk about a coming pick-up in global economic growth, but for the moment, the signals are negative. Trends in the global economy look increasingly ominous. [Read more…]

Gloves are off for the global mining industry

Miners

JOHANNESBURG, South-Africa, June 4, 2015/ — 2014 was expected to be a tough fight for the global mining industry with commodity prices down and short-term volatility increasing. The initial scorecard for the largest 40 miners was mixed and now the gloves are off for the industry with widespread government intervention, internal industry conflicts and rising shareholder activism, according to PwC’s annual Mine report released today [Read more…]