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Women Entrepreneurs Finance Initiative To Boost Female Owned Businesses With $62 Million

Women Entrepreneurs Finance Initiative To Boost Female Owned Businesses With $62 Million

The Women Entrepreneurs Finance Initiative (We-Fi) today announced its second funding allocations – expected to benefit 70,000 women- led businesses and mobilize nearly a billion dollars of additional public and private sector resources. The second round allocates $129 million for programs to boost women’s entrepreneurship that will be implemented by four multilateral development banks, expecting […]

Money Personality Types

Money Personality Types

Has it ever occurred to you that something definitely influences how and what you think about  money and  how ultimately you treat your finances? For many years , I didn’t have a clue about the influencing factor on how I managed my finances. I just knew I needed help as I was a reckless spender […]

South Africa’s Rand Flat In Early Trade Ahead Of Trade Balance Figures

South Africa’s Rand Flat In Early Trade Ahead Of Trade Balance Figures

South Africa’s rand was flat early on Friday, giving up its small overnight gains as renewed jitters about the impact on global growth of the simmering trade war between China and the United States kept investors on the sidelines. At 0730 GMT the rand was steady at 14.4725 per dollar, unchanged from its overnight close […]

The World Of SAVINGS!

The World Of SAVINGS!

A lot of times, we are encouraged to save. Finance experts, books, sermons, finance groups teach the importance of saving money, but how come people still struggle with saving money successfully? Savings is simply putting money aside from your income on a regular basis. It is income not spent. The rule of thumb is that […]

The World of SAVINGS!

A lot of times, we are encouraged to save. Finance experts, books, sermons, finance groups teach the importance of saving money, but how come people still struggle with saving money successfully? Savings is simply putting money aside from your income on a regular basis. It is income not spent. The rule of thumb is that […]

South Africa’s Eskom Plans First Major Battery Storage Project

South Africa’s Eskom Plans First Major Battery Storage Project

South Africa’s state-run power firm Eskom said on Tuesday it is planning its first major battery storage project as President Cyril Ramaphosa seeks to boost renewable energy usage and reduce the country’s reliance on coal. Prince Moyo, general manager for power delivery engineering at Eskom, told Reuters that the battery storage project would be rolled […]

Zimbabwe Aims To Clear World Bank, AfDB Arrears In 12 months – Minister

Zimbabwe Aims To Clear World Bank, AfDB Arrears In 12 months – Minister

Zimbabwe aims to clear its $2 billion arrears with the World Bank and African Development Bank in the next 12 months, after securing the support of international creditors and donor countries, Finance Minister Mthuli Ncube said on Friday. Zimbabwe has struggled to access international credit since defaulting on its debts to global lenders two decades […]

Nigeria’s Senate Approves $2.8 Billion of Eurobonds for Projects

Nigeria’s Senate Approves $2.8 Billion of Eurobonds for Projects

  Nigeria’s Senate approved President Muhammadu Buhari’s request to issue $2.8 billion of Eurobonds.  The proceeds will help to fund some infrastructure projects under this year’s spending plan, Senate President Bukola Saraki said during a plenary session Wednesday in the West African nation’s capital, Abuja. It also approved raising a separate $82.5 million to refinance […]

Shelves Empty as Specter of Hyperinflation Stalks Zimbabwe

Shelves Empty as Specter of Hyperinflation Stalks Zimbabwe

Austin Mushanguri shakes his head in dejection and walks away from the fridges in an affluent supermarket in Zimbabwe’s capital after reading a sign saying he can only buy one bottle of beer instead of the dozen he’d hoped for. Similar scenes are playing out across the southern African nation, where foreign-exchange shortages and austerity […]

New Geothermal Plant Nearly Ready – KenGen

New Geothermal Plant Nearly Ready – KenGen

KenGen’s new 165.4-megawatt (MW) capacity plant powered by geothermal steam is three quarters complete and on schedule for commissioning next July, Kenya’s main electricity producer said on Friday. Geothermal steam, hot underground steam found in the Rift Valley which is used to drive turbines for electricity production, is the second biggest source of Kenya’s annual […]

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