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AfDB approves €50 million trade finance risk participation partnership with Societe Generale
The Board of Directors of the African Development Bank Group (AfDB) partners with Societe Generale to reduce the trade finance gap across Africa. This €50 million worth of risk-sharing facility is expected to support local and small businesses meet international trade commitments.
Read the original article here: https://afdb.africa-newsroom.com/press/african-development-bank-group-approves-euro-50-million-trade-finance-risk-participation-partnership-with-societe-generale-to-support-local-banks-and-smes-in-africa?lang=en
Gabon to sell $2bn worth of carbon credits before COP27
Gabon plans to create 187 million carbon credits and sell almost half of them on the offset market before the United Nations Climate Change Conference, COP27, scheduled for November. Gabon is expecting to make about $291m from this deal.
Read the original article here: https://www.theafricareport.com/219504/gabon-to-sell-e275m-worth-of-carbon-credits-before-cop27/amp/
Airduka named Kenya’s e-commerce start-up of the year
Airduka, an e-commerce platform wins start-up of the year in Kenya’s E-Commerce Summit and Awards sponsored by Finserve Africa. It was appreciated for its role in connecting small businesses and Micro, Small and Medium Enterprises (MSMEs) to local buyers.
Read the original article here: https://allafrica.com/stories/202206130118.html
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