The World Bank has approved Ghana’s request for a $200 million facility to help in the transformation and diversification of the country’s economy. The facility will be used for promoting private investment and firm growth in the non-resource base sectors of the economy. The project will also support entrepreneurship and Small and Medium Enterprise (SME)
Baker Hughes General Electric (BHGE) expands facility in Luanda to manufacture, service and repair technologies and equipment across its four product companies; expanded facility will enable fullstream solutions to serve local and regional customers across the oil and gas value chain; expansion supports company’s localization strategy and serves as hub to serve customers in Angola
Wema Bank Plc has announced its signing of a credit line agreement with the African Development Bank (AfDB) to grow financial support to small and medium scale businesses in Nigeria. According to a statement from the bank, the AfDB had already disbursed the $15 million agreed with the multilateral development finance institution. In addition, the
