$150 Million: Set aside from being Financed by Kuramo Capital Management in sponsoring Female-Led Businesses in Africa 10 Years

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– …the Moremi Platform – an ambition to license the successive generation of African women businesses and stimulate gender-equitable fund management, Kuramo Capital Management which is an investment management firm; with a priority on Sub-Saharan Africa schedules to invest in Africa women. The Moremi platform is a three-pillar initiative referring to an accelerator program, a warehousing/lending facility, and a Fund of funds. The establishment has revealed the first compatriot of the accelerator program, which serves as a mentorship, capacity building building, and technical assistance platform, targeting 40 female entrepreneurs and fund managers yearly. According to Kuramo CEO and Founder Wale Adeosun, the...
Posted On 17 Oct 2023
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AfDB and the Sustainable Energy Fund for Africa: In Alliance with the International Finance Corporation and UAE’s corporation liftoff Tunisia’s foremost Privately Financed Solar Project

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone– The associates inscribed project blastoff papers at the administration headquarters revolutionizing Tunis. This enterprise is placed as one of Tunisia’s most impactful infrastructure projects in over a decade. The 100-megawatt, $86 million solar plant located in Tunisia’s Kairouan…will help from up to $26 million in debt financing from the African Development Bank, comprising $13 million sourced from SEFA, a multi-donor fund that delivers finance to unlock private sector investments in renewable energy and energy efficiency. The financing undertaking is organized to ensure holistic growth, financing, of classified and supervision of the plant, located roughly 150 km south of Tunis, in El...
Posted On 16 Oct 2023
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$617 Million: Acquisition in Digital and Creative Enterprises to be undertaken by Nigeria

By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone–This action is in an endeavor to deliver employment for Nigeria’s teeming youth population through digital careers. Kashim Shettima – Vice Pr ident of Nigeria instructed the constituents of the iDICE Steering Committee to ensure that the program begins before the end of November this year. The VP gave the message on Friday when the i-DICE team gave him an update on the improvement made so far during a meeting at the Presidential Villa in Abuja. Senior Special Assistant on Media and Picity, Stanley Nkwocha, said the Vice President was cited to have empathized the significance of the enterprise to the Federal Government program digital jobs drive, saying the administration was eager on providing on its pledges...
Posted On 13 Oct 2023
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Alliance for a Green Revolution in Africa (AGRA) and Cereal Growers Association (CGA): Set to Advance Regenerative Agriculture in Kenya

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra Ghana- Alliance for a Green Revolution in Africa (AGRA) in partnership with the Cereal Growers Association (CGA) convened a pre-planning preparation forum with key stakeholders to reinforce regenerative agriculture practices in Makueni and Kitui counties. Through the Strengthening Regenerative Agriculture in Kenya (STRAK) Project, funded by the IKEA Foundation, the partnership is entering its second phase following a successful initial phase in 2020/2021. The project’s core objective is to assist smallholder farmers in diversifying their crops, exploring new income sources, and adopting regenerative farming techniques to enhance soil health. In attendance was County Executive Commissioner for Agriculture in Kitui County Dr. Stephen...
Posted On 12 Oct 2023
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