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Uganda: DFCU Boosts SMEs
DFCU Limited has received credit worth sh22b from the European Investment Bank to lend to Small and Medium Enterprises (SMEs). Announcing the deal, Moses Kibirige, the executive director, said the facility would serve SMEs interested in expanding and growing their businesses through leasing over the next one year. The funds will finance eligible SMEs in agro-business, fishing, mining, construction, tourism, transport, education and health care, Kibirige said.
- Region
- Sub-Saharan Africa
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India-China Emerge Strong Business Partners Of Africa: Study
Chinese and Indian firms are increasingly doing business in sub-Saharan Africa, and their interest in the continent extends well beyond a hunt for natural resources, Press Trust of India (PTI) reported Sunday quoting the study titled Africa’s Silk Road: China and India’s new Economic Frontier as saying. These two emerging economic giants of Asia are at the centre of the explosion of African-Asian trade and investment, a striking hallmark of the new trend in...
- Region
- Sub-Saharan Africa
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A revolution in a laptop
In an article published on Sunday, Aljazeera discusses Negroponte and his project to produce a $100 laptop for the developing world. Excerpt: After an inauspicious birth 25 years ago when Ronnie Reagan and Maggie Thatcher were in their prime, the IBM 5150, retailing at $1,565, ushered in the age of the modern PC. A quarter of a century on the legacy of the PC is ubiquitous. Chances are one is at work in every facet of your daily life ? chances are, you are using one r...
- Region
- Sub-Saharan Africa
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Small generator aims to empower Africans
Excerpt: Originally created to give an emergency kick-start to stalled boat engines, the sleek little South African-designed machine, pumped with one foot, can charge a cell phone battery in five minutes or a car battery in 30. The device’s creators, who plan to distribute it across swaths of Africa far from the power grid, hope it will energize economic development efforts as effectively as it does dead cell phones. Residents of Musheri Center, fit but fatigued from bicycling lon...
- Region
- Sub-Saharan Africa
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Business Joins African Effort to Cut Malaria
Excerpt: With malaria spread across southern Mozambique, executives at the international mining company Billiton expected some workers to call in sick as it began building a massive new aluminum smelter amid the cornfields here. What they did not expect was that nearly one in three employees would fall ill ? 6,600 cases in just two years. And they certainly did not expect 13 deaths, not after the company had built a medical clinic, doused the construction site with pesticides and hand...
- Region
- Sub-Saharan Africa
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Rwanda: The Village Phone Comes to Rwanda
Excerpt: The Grameen Foundation of USA, in collaboration with MTN Rwanda, is re-energising its Village Phone scheme to bring mobile telephones to rural communities where no telecom services have existed before....
- Region
- Sub-Saharan Africa
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Remittances Policy That Works: The Case Of Ghana.
Abstract: In an opinion piece, Yaw Sophism discusses Ghana’s policy for remittances....
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- remittances
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The New Frontlines of Capitalism: Microcredit Comes to Borguind?
Abstract: A Peace Corp volunteer writes about her experience starting a microfinance program in Burkina Faso....
- Region
- Sub-Saharan Africa