Business News

Sheer Grit Spurs Women Entrepreneurs, but Supporting Conditions are Crucial for Them to Thrive

March 7, 2017/MasterCard While female entrepreneurship is often founded on necessity and grit, strong supporting conditions such as access to financial services and ease of doing business pave the way for progress in businesses owned by women, according to findings from the inaugural Mastercard Index of Women Entrepreneurs. These enabling […]

Reaching Small and Medium Enterprises in Africa: A Learning Forum on Africa SME Program Technical Assistance

March 7, 2017/AfDB The African Development Bank provides significant financial resources to reach small and medium enterprises (SMEs), including through its non-sovereign operations. In 2016 alone, the AfDB Board of Directors approved over US $400 million in new lending to financial institutions (FIs) for Africa’s SMEs. AfDB’s funding is expected […]

Oranto Launches $500-Million Oil Exploration Campaign in South Sudan

March 6, 2017/Oranto Petroleum Ltd EPSA contract signed today in Juba for South Sudan acreage. Oranto Petroleum is the 90% shareholder and operator of large Block B3, plans to invest $500 million for exploration and development. Government looks to new entrants to boost oil production. Oranto Petroleum will invest $500 […]