Daily Archives: February 1, 2018

Jibu Announces Completion of $7 Million Series B Financing

Funds raised through impact investments will accelerate Jibu’s growth and drive social and financial returns DENVER, Feb. 01, 2018 (GLOBE NEWSWIRE) — Jibu, a social enterprise that has reinvented the traditional franchise model to equip emerging market entrepreneurs to build solutions

XCMG Opens First Direct Spare Parts Center in Africa – Consolidating Local Support

NAIROBI, Kenya, Feb. 1, 2018 /PRNewswire/ — XCMG opened its first direct regional spare parts center (“the Center”) on January 6 in Nairobi, Kenya to serve business in East Africa. The Center is a collaboration with TISCO Construction Ltd., and

US Expresses Grave Concerns About Kenyan’s ‘Self-Inauguration’

The United States expressed grave concerns Thursday about Kenyan opposition leader Raila Odinga's "self-inauguration" and rejected actions that undermine Kenya's Constitution and the rule of law, while urging the government to respect freedom of expres...

Shanghai Police: Van Crash, Explosion Likely Accident

Shanghai police say a minivan crash downtown is believed to be an accident and not an attack. The driver was smoking while transporting gas tanks through the heart of the Chinese financial hub, they said. Eighteen people were sent to

Kenya: The EIB extends a USD 40 Million financing facility to IM Bank Ltd

The European Investment Bank (EIB) today agreed a new US $ 40 million financing facility with Iamp;M Bank Ltd that will support investment by businesses across Kenya. Backed by the new EIB facility Iamp;M Bank's SME, Corporate, and Institutional custom...