Standard Bank Group posted a record first-half pre-tax profit of 35%, according to a statement from the institution.“In the first half of 2023, Standard Bank Group recorded an overall profit of R21.2 billion (approximately $1.1 billion), up 35% on the …
Anava Seed Fund, managed by Flat6Labs Tunisie, has announced it is investing over $7 million in startups.The startup made the announcement in a report estimating its year-end balance at around $9.28 million USD by the end of 2022.The fund had investmen…
The European Bank for Reconstruction and Development (EBRD) is investing €27 million in a securitized local currency bond for the development of water supply infrastructure in several new Egyptian cities, according to information relayed by Afrik 21.“T…
Gabon refinancing $500 million of its debt and earmarking $163 million in savings for marine conservation.The central African nation, home to the world’s largest population of leatherback turtles, will spend the money over the next 15 years identifying…
