Daily Archives: June 26, 2019

Lulalend, South Africa’s First Online Automated Provider of Short-Term Funding for Small and Medium Enterprises, Raises $6.5 Million Series A

Co-led by Quona Capital and IFC CAPE TOWN, South Africa, June 26, 2019 (GLOBE NEWSWIRE) — Lulalend, South Africa’s first online automated provider of short-term funding for small and medium enterprises (SMEs), today announced its Series A financing of $6.5 million. The round was co-led by IFC and Quona Capital, a leading fintech firm whose […]

Zimbabwe President Backs Move to Ban Foreign Currencies

VICTORIA FALLS, ZIMBABWE – On Monday, Zimbabwe’s finance minister announced a ban on the use of foreign currency to conduct transactions inside the country.Addressing journalists Tuesday at the end of a United Nations and African Union summit on wildli…

Kenya Court Halts Building of Coal Plant on Coast

NAIROBI – A Kenyan court has halted construction of what would be the country’s first coal plant. The National Environment Tribunal found the process of awarding a license for the plant was irregular and lacked effective public participation. Environ…

Kenya Court Halts Building of Coal Plant on Coast

NAIROBI – A Kenyan court has halted construction of what would be the country’s first coal plant. The National Environment Tribunal found the process of awarding a license for the plant was irregular and lacked effective public participation. Environ…

Opposition Leader: Ethiopia, AU Join Forces in Sudan Efforts

KHARTOUM, SUDAN – A leading Sudanese opposition figure says the African Union and Ethiopia have joined forces in renewed efforts to mediate the crisis in Sudan and bring the ruling generals and protest leaders back to the negotiating table. Sadek al-Ma…

Opposition Leader: Ethiopia, AU Join Forces in Sudan Efforts

KHARTOUM, SUDAN – A leading Sudanese opposition figure says the African Union and Ethiopia have joined forces in renewed efforts to mediate the crisis in Sudan and bring the ruling generals and protest leaders back to the negotiating table. Sadek al-Ma…