Last week in Paris, France, a $30 million sub-participation agreement was signed between the French Development Agency (AFD) and the African Guarantee Fund (AGF). The deal seeks to improve access to financing for African Small and medium-sized enterprises (SMEs). CNBC Africa spoke to Deputy CEO of AGF, Jules Ngankam for more.
Rwanda’s president Paul Kagame spent the day with the innovative and powerful of the world at Viva Tech in Paris that is becoming a draw for African companies. Last year, Rwandan companies including AC Group, Irembo, Awesomity Lab, Zipline, Pivot Access, FabLab, Guez Show and Pascal Technologies exhibited at the tech show in Paris. CNBC caught with President Kagame at the show and he talked technology and its relationship with the rebuilding of his country.
Paris’ Notre Dame ‘saved from total destruction,’ French fire official says, after blaze ravages cathedral
The blaze burned for eight hours, but has now been largely extinguished, according to firefighters.
In 20 years, Ylias Akbaraly successfully transformed the family Group into one of the most successful companies in Madagascar and in the Indian Ocean; the group has grown from 20 to over 3,000 staff with representative offices in Mauritius, Morocco, Seychelles, Mali and Paris. As Africa looks to capitalise on entrepreneurship to spur economic growth, Ylias shared insight on what makes him tick.