In two deals signed at the recently concluded Afreximbank Annual Meetings, African Export-Import Bank (Afreximbank) is providing a US$60 million line of credit and a US$20 million Afreximbank Trade Facilitation Programme (AFTRAF) facility to CBZ Bank Limited, Zimbabwe’s largest bank. The line of credit facility will strengthen financial intermediaries’ capacity to support SMEs through financing...
FlashNews:
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Tiger Woods’s TMRW Sports completes Series A Investment Round, now its worth ‘US$500m’
TMRW Sports, which is focused on building progressive approaches in sports, media, and entertainment, has announced the closure of its Series A investment round. The round was co-led by Dynasty Equity, which recently closed a strategic minority investment in Liverpool FC, and Connect Ventures, which co-led the initial fundraising round for TMRW Sports, and included...
Businesses in South Africa: It’s time to Harness your Power to create Economic change
A month has already passed since the historic elections held on May 29 but, I am sure everyone would agree, we’re back in limbo already. There can only be one orientation going forward: All hands on deck and ensure that not only are we on the same ship, but we are steering it in the...
Fundza Literacy Trust delivers Columbia University training to SA youth with Fellowship Program for aspiring writers
The Fundza Literacy Trust announced the continuation of its Fellowship Program for South African youth who are passionate about their writing and content creation. The comprehensive eight-month course has been designed to empower aspiring writers with the skills they need, in order to share their unique stories across four different disciplines: digital storytelling, fictional writing,...