India’s Space tech startup Agnikul Cosmos opens the first-ever rocket engine manufacturing facility in Chennai. According to Srinath Ravichandran, co-founder and CEO, this facility will have the capacity to make about 2 rocket engines per week. Read the original...
The Board of Directors of the African Development Bank Group (AfDB) partners with Societe Generale to reduce the trade finance gap across Africa. This €50 million worth of risk-sharing facility is expected to support local and small businesses meet international trade...
Gabon plans to create 187 million carbon credits and sell almost half of them on the offset market before the United Nations Climate Change Conference, COP27, scheduled for November. Gabon is expecting to make about $291m from this deal. Read the original article...
Airduka, an e-commerce platform wins start-up of the year in Kenya’s E-Commerce Summit and Awards sponsored by Finserve Africa. It was appreciated for its role in connecting small businesses and Micro, Small and Medium Enterprises (MSMEs) to local buyers. Read...
New Zealand’s Prime Minister Jacinda Ardern announces $10 million for a seed bank in Fiji, at the Pacific Islands Forum in Suva, Fiji. It comes as Pacific leaders urged New Zealand and Australia to increase their climate crisis ambitions which pose an...