Commonwealth News
WB prepares to inject US$40m in Gambia’s agriculture
The Gambia and World Bank to fund Gambia Inclusive and Resilience Agriculture Value Chain Development Project (GIRAV) with about $40 million. The minister for Agriculture Hon. Amie Fabureh in a virtual statement recognised the importance of the agricultural sector and...
Klasha expands to Ghana to facilitate cross-border payments
Klasha, a San Francisco and Lagos-based international online payments company expands to Ghana. According to Jess Anuna, CEO of Klasha, ‘our solution will simplify the process, removing payment and last-mile delivery barriers.’ The company also has a multi-currency...
Access Bank acquires majority stake in BancABC Botswana — fourth acquisition in 2021
Nigeria’s Access Bank completes the acquisition of a majority stake of 78.15% in a retail-focused commercial banking institution, African Banking Corporation of Botswana Limited. It is the fourth acquisition by the Nigerian lender in 2021 after Grobank in South...
Ghana commissions garment factory in Koforidua-Effiduase
Ghana’s President Nana Addo Dankwa Akufo-Addo commissions a Maagrace Garment Industries Limited factory under the One District One-Factory (1D1F) initiative to employ over 500 people in Koforidua-Effiduase. The factory will provide jobs and training to the youth for...
Kenyan start-up Crowd Journal wins Kshs. 660,000 in a challenge
Kenya’s start-up, Crowd Journal wins $6000 in a Digital Democracy Challenge organised by Seedstars. The 72-hour collaborative digital process was organised to find innovative, affordable, and viable digital solutions to uphold a digital civic and democratic public...
Sri Lanka’s e-commerce platform Kapruka to introduce crypto payments
Sri Lanka’s major e-commerce platform Kapruka plans to start accepting payments in cryptocurrency quite soon. The announcement came as the South Asian country intensified efforts to adopt legislation tailored to regulate crypto-related activities and attract...