Gricd partners HaulTrac to deliver essential healthcare commodities across Nigeria

NIGERIA – Gricd, a cold chain technology company has partnered with Haultrac to support the delivery of essential healthcare commodities in Nigeria on behalf of USAID. The partnership entails the delivery of commodities such as medicines, rapid diagnostic test kits, laboratory reagents, and consumables, as well as other related health and non-health commodities across the country. It also includes long…

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Nigerian logistics provider Kwik closes US$2M series A funding round to accelerate expansion

NIGERIA – Kwik, a platform that offers logistics services to B2B merchants ranging from social traders to e-commerce platforms, has received a US$2 million series A round of funding to fuel expansion. The latest funding round was led by XBTO Ventures, a crypto finance corporation with a venture capital arm that invests in digital assets and other types of companies.…

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Ecobank launches program to enable women-owned business access specialty tools

UGANDA – Ecobank, a leading pan-African bank, has announced the launch of a revamped Ellevate program focused on giving women-owned businesses; businesses with a high percentage of female employees or board members or businesses making products for women, access to a variety of specialty tools and resources needed to thrive and prosper. The Ellevate Programme is a membership offering that…

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President of Zambia urges Bankers Association of Zambia to increase access to affordable finance

ZAMBIA – Bankers Association of Zambia (BAZ), led by their chairperson Mzinga Melu, met with the President of Zambia Hakainde Hichilema to discuss on how to increase access to affordable finance for their citizens. The President has emphasised on the need for government to work with the private sector in order to save the country’s economy that experienced difficulties, business…

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Hisa Africa Insurance Agency partners ALAK to sell its insurance products

KENYA – Absa Life Assurance Kenya (ALAK), an Absa Group subsidiary, has signed a product distribution agreement with Hisa Africa Insurance Agency. The partnership will see Hisa Africa sell insurance products from ALAK. “At Absa Life Assurance Kenya, our commitment towards meeting the needs of customers is rooted in our purpose of bringing possibilities to life for our customers, which…

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Bboxx launches Flexx by Bboxx to provide clean energy to off-grid communities in Africa

AFRICA – Bboxx, a renewable energy provider has launched Flexx by Bboxx, a new brand offering entry-level clean energy products to millions of people at the bottom of the energy pyramid in Africa. Flexx by Bboxx will bring new and reliable products to market that are affordable, accessible, and flexible, getting millions more people onto the energy ladder. The company…

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Eni Energy partners NNPC and FAO to commission 11 solar-powered water schemes in North-East Nigeria

NIGERIA – Eni Energy, an Italian multinational oil and gas company has partnered Food and Agriculture Organization of the United Nations (FAO) to have commissioned 11 water schemes in Borno and Yobe States, North-East Nigeria. The Italian company has been represented in the agreement by its Nigerian subsidiaries Nigerian Agip Exploration (NAE) and Agip Energy & Natural Resources (AENR). The…

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Lake Victoria’s passenger transport Waterbus secures US$3.8m from Infraco

EAST AFRICA – InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has signed a Shareholders’ Agreement with Globology, committing US$3.8 million through its dedicated investment arm, to support the expansion of the company’s Waterbus passenger transport operations on Lake Victoria. Waterbus is the first passenger-focused service to deliver scheduled ferry routes on the Lake, currently operating two 132-seater…

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