Tag: Business Africa

Novo Nordisk Owner Launches European Obesity Drug Incubators to Accelerate Medical Innovation

Novo Nordisk Foundation, the controlling shareholder of Danish pharmaceutical giant Novo Nordisk, is launching a network of obesity and metabolic disease research incubators across...

South African Investor Roelof Botha Joins SpaceX Board in Strategic Reunion With Elon Musk

South African-born venture capitalist Roelof Botha has joined the board of SpaceX, strengthening the leadership ranks of one of the world’s most influential technology...

Zambia and U.S. Expand $491 Million Programme to Support Critical Minerals Infrastructure

Zambia and the United States have agreed to expand the scope of a $491 million grant programme to include infrastructure supporting the country’s growing...

IMF Approves $211 Million Climate Funding Package for Sierra Leone

The International Monetary Fund (IMF) has approved a new financing arrangement worth approximately $211.5 million for Sierra Leone to strengthen the country’s resilience against...

Standard Bank Targets $15 Billion Trade Finance Opportunity as African Commerce Expands

Standard Bank Group is positioning itself to capture a $15 billion trade finance opportunity as intra-African commerce accelerates and businesses increasingly seek funding to...

New Development Bank Approves Up to $1 Billion for South Africa’s Urban Infrastructure Expansion

The New Development Bank (NDB) has approved financing of up to $1 billion for urban infrastructure projects in South Africa, providing a significant boost...

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