Money

Kenyan women entrepreneurs! Here’s how to access Chase Bank’s $25m collateral-free loan 0
- Money
- October 26, 2015
The International Finance Corporation (IFC) and the Goldman Sachs’ 10,000 women initiative in conjunction with Women Entrepreneurs Opportunity Facility has given a credit line of 2.5 billion Kenyan shillings ($25 million) to Kenya’s Chase Bank to provide a collateral-free fund for women-owned small and medium scale businesses looking to expand. Although, this fund requires no
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CBN N220 Billion Fund: Here’s why entrepreneurs cannot access it 0
- Money
- October 22, 2015
In the twilight of the year 2014, the Central Bank of Nigeria in a move to give financial succor to Micro, Small, and Medium Enterprises in the country, launched a N220 billion MSME Development Fund. The fund, which was launched in August, had 60% (132 billion) reserved for providing financial services to women in order
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Chivas Regal brings $1 million The Venture competition to Nigeria, calls for application from social entrepreneurs 0
- Companies, Development, Entrepreneurs, Money
- October 5, 2015
It is no longer sufficient for entrepreneurs and disruptors to just solve a problem or provide top-notch services. Today, consumers expect more brands to empower them, help them do things in new and better ways. They want entrepreneurs to give back more to the society while gaining success. Bearing this in mind, Chivas, a global
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Ever wondered about the fate of YouWin? Here’s it 2
- Development, Entrepreneurs, Money
- September 30, 2015
YouWin has made so many boys rich! The program has also aided so many small businesses. When Jonathan lost his reelection, the first question on many entrepreneurs’ minds was about the future of the multimillion dollar grant scheme. Well, sadly, according to an entrepreneurship report published by The Economist Intelligence Unit earlier this year titled “Enabling
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Dear entrepreneur, you can boost your business through Grofin $100m SGB fund 0
- Companies, Entrepreneurs, Money
- September 29, 2015
GroFin, a development financier focused on financing and supporting small and growing businesses (SGBs) across Africa and the Middle East has launched a $100 million business fund for SMEs in Nigeria, Ghana, Uganda, Zambia, Kenya, South Africa, Rwanda, Tanzania, and Egypt with the aim of catalyzing sustainable job creation. The Fund, which has an initial
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African Private Equity Deals Quadriples 0
- Money
- August 4, 2015
Recent trends in Private Equity (P.E) in Africa show that African P.E firms have taken the center stage in transactions in the sector. A survey by the African Venture Capital Association reveals that P.E transactions by African firms have quadrupled since 2012. According to the results of the Private Equity Data Tracker, year 2012 witnessed
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