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The Advisory Board Member at Woodhall Capital, Adejare Olaoluwa says though financial support is key to the growth of SMEs, non-financial aid is also important to enable the businesses scale their offerings, business model and value chain activities.

Olaoluwa: Non-financial support useful to scale SMEs

ETAP, an insurtech has acquired an operational license from the National Insurance Commission of Ghana, the first of its kind in Ghana enabling the startup to process claims, collect premiums and provide other auto insurance products and services. 

ETAP secures Ghana’s first insurtech operational license

The African Export-Import Bank has provided a 25-million-dollar lending facility to SMEs in Nigeria through Woodhall Capital under its Export SME development financing. 

Afreximbank issues $25mn facility to Woodhall Capital for Nigeria SMEs

The Emerging Africa and Asia Infrastructure Fund (EAAIF) has invested $28 million and acted as the sole impact investor in an oversubscribed 300-million-dollar capital market maiden bond issue by Africell. 

EAAIF invests $28mn in Africell’s debut bond issuance

The Nigerian Senate confirmed the nomination of seven ministerial nominees forwarded to it by President Bola Tinubu for appointment as Ministers and members of the Federal Executive Council. 

Nigeria’s senate confirms 7 ministerial nominees

Joining CNBC Africa for this discussion are Zandile Makhoba, Consumer Economist at Liberty, Patrick Kelly, Chief Director for Price Statistics at Statistics South Africa and Wandile Sihlobo, Economist at Agbiz. 

SA's inflation basket: Time for a refresh?

Human resources specialist Adcorp has reported a 29 per cent decline in operating profit to R42.3 million at the halfway stage of the financial year, as it undertook restructuring to recalibrate its cost base. 

Adcorp H1 HEPS declines 15% on restructuring costs

In the second quarter of 2024, Rwanda's agricultural sector has contributed about 25 per cent to GDP. With the introduction of electric tractors to farming techniques, the sector is poised to perform exponentially. 

How e-tractors will impact Rwanda's agricultural sector

The ride-hailing sector in Africa involves complex pricing dynamics, regulatory frameworks, and driver challenges. 

Understanding pricing dynamics in African ride-hailing markets

With Sub-Saharan Africa holding 30 per cent of the world’s critical minerals, Africa is poised to play a central role in the booming green technology market. 

Unlocking Africa's potential in the global critical minerals market

CNBC Africa's Palesa Mofokeng was in attendance at the presentation of this year's Medium Term Budget Policy Statement in Cape Town and she gathered immediate responses from the prominent figures in attendance.

Finmin Godongwana sees higher debt in next 3 years

Listed power utility company Kenya Power has reported a 21 per cent jump in revenues that helped the loss-making state entity bounce back to profitability with the firm registering a 30-billion-shilling net profit. 

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