IFC to invest KES USD 7mn in East Africa

By bne IntelliNews January 27, 2010
The International Finance Corporation will be investing USD 7mn inEast Africa through the Fanisi Venture Capital Fund which will focus onproviding funding for start-ups and small and medium size enterprises in Kenya, Rwanda,Uganda and Tanzania. The fund will also besetting up support facilities to help small business overcome problems both pre-and post-investment.

Related Articles

South Africas Exxaro mulls firing striking coal miners.

South African company Exxaro Resources said one of the options it currently considers is dismissing striking coal mine workers who fail to return to work in the week of March 25, fin24 reported ... more

South Africas Telkom says there is no decision to lay off 13,000 employees.

South Africas telecommunication operator Telkom said that it has not made a decision on retrenching 13,000 employees, or more than half of its staff, TechCentral reported quoting a company ... more

BP, Masana Petroleum Solutions sell LPG business in South Africa.

Oryx Energies, a major independent provider of oil and gas products and services in Africa, has agreed to buy the South African liquefied petroleum gas (LPG) distribution businesses of BP and ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335