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British International Investment (BII), the UK’s development finance institution, has announced a $150 million trade facility in collaboration with Absa Group. This facility is designed to address Africa’s significant trade finance gap, which is estimated to be between $100 and $120 billion. This new agreement builds on a longstanding partnership…

Ghanaian retail-tech startup Tendo Technologies has announced a strategic acquisition of its counterpart, Shopa, in a deal aimed at revolutionizing supply chain infrastructure across Africa. Tendo Technologies, founded in 2021 by Felix Manford, Evans Boateng, Derrick Mungai, and Primerose Katena, empowers tens of thousands of individuals to launch and grow…

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