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Rwanda Inaugurates US$4 Million Feed Factory to Boost Livestock Production
The Rwandan government has officially inaugurated a US$4 million animal feed factory in the Masoro industrial zone, a significant development…
ATIDI’s profits jumps 204% to US$69.1M in 2023
African Trade and Investment Development Insurance (ATIDI) recorded a remarkable performance for the financial year ended December 2023, backed by increased…
GCR upgrades ShafDB’s long and short-term issuer ratings, assigns stable outlook
South African rating agency GCR, has upgraded Shelter Afrique Development Bank’s (ShafDB) international scale long issuer rating to B from…
Innovate Africa Launches with US$2.5M Angel Fund for Early-Stage Africa-Focused Startups
Innovate Africa, an angel investment fund that supports early-stage founders in funding life-changing ideas, taking startups from conception to product…
South Korea Signs Rwanda US$1Billion For Development Projects
Rwanda and Korea have signed a US$1 billion framework arrangement aimed at providing concessional funding for a range of development…
ATIDI underwrites Globeleq’s US$117 million geothermal power project in Kenya
Nairobi-based pan-African insurer, African Trade and Investment Development Insurance (ATIDI) has provided a political risk insurance cover for Globeleq's 35…