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Tag: SMES

Companies

Borno State Governor Zulum Allocates N1 Billion to Support MSMEs

March 20, 2025March 20, 2025 - by Allegra Nguyen - Leave a Comment

Governor Babagana Zulum of Borno State has approved N1 billion in grants to support 9,403 MSMEs in Biu and Hawul. This initiative aims to strengthen local businesses, create jobs, and …

Borno State Governor Zulum Allocates N1 Billion to Support MSMEs Read More
Companies

Fido Secures $30 Million Funding to Expand AI Lending Services in Africa

March 19, 2025March 19, 2025 - by Marcus Chen - Leave a Comment

Ghanaian fintech Fido has raised $30 million in a blend of debt and equity to scale its AI-driven lending services across Africa, led by BlueOrchard Finance and FMO. This funding …

Fido Secures $30 Million Funding to Expand AI Lending Services in Africa Read More
Technology

Microsoft Announces $300 Million Investment to Strengthen South Africa’s AI Infrastructure

March 7, 2025March 7, 2025 - by Allegra Nguyen - Leave a Comment

Microsoft is set to invest nearly $300 million by 2027 to enhance its cloud and AI infrastructure in South Africa, addressing the surging demand for Azure services in the region. …

Microsoft Announces $300 Million Investment to Strengthen South Africa’s AI Infrastructure Read More
Technology

Microsoft’s $3 Million Investment to Enhance Cloud and AI in South Africa

March 7, 2025March 7, 2025 - by Carmen Mendez - Leave a Comment

Microsoft is investing ZAR 5.4 billion ($3 million) to enhance cloud and AI infrastructure in South Africa, building upon ZAR 20.4 billion invested in data centers over the last three …

Microsoft’s $3 Million Investment to Enhance Cloud and AI in South Africa Read More
Technology

Microsoft to Invest $300 Million in South African AI Infrastructure

March 7, 2025March 7, 2025 - by Marcus Chen - Leave a Comment

Microsoft is set to invest 5.4 billion rand ($296.81 million) in AI infrastructure in South Africa, alongside funding for technical certification exams for 50,000 individuals in digital skills. This investment …

Microsoft to Invest $300 Million in South African AI Infrastructure Read More
Technology

Microsoft Expands AI and Cloud Investment in South Africa

March 7, 2025March 7, 2025 - by Liam Nguyen - Leave a Comment

Microsoft is investing 5.4 billion rand in South Africa by 2027 to expand its cloud and AI services. The investment includes technical training for 50,000 individuals and follows a previous …

Microsoft Expands AI and Cloud Investment in South Africa Read More
Companies

Access Bank Completes Acquisition of Standard Chartered Bank Operations in Angola and Sierra Leone

November 29, 2024November 29, 2024 - by Marcus Chen - Leave a Comment

Access Bank Plc has completed the acquisition of Standard Chartered Bank Angola and Sierra Leone. This expansion enhances Access Bank’s position in Corporate and SME banking, aligning with its vision …

Access Bank Completes Acquisition of Standard Chartered Bank Operations in Angola and Sierra Leone Read More
Companies

Access Bank Completes Strategic Acquisitions in Angola and Sierra Leone

November 28, 2024November 28, 2024 - by Liam Nguyen - Leave a Comment

Access Bank Plc has successfully acquired Standard Chartered Bank in Angola and Sierra Leone, as announced by CEO Roosevelt Ogbonna. This strategic acquisition aims to bolster the Bank’s earnings and …

Access Bank Completes Strategic Acquisitions in Angola and Sierra Leone Read More
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