Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Faith-based group secures $1m for African businesses

Loveworld Kingdom has secured $1m in funding to support small and medium-sized enterprises across Africa, aiming to address financing constraints. Read More: https://punchng.com/faith-based-group-secures-1m-for-african-businesses/

Faith-based group secures $1m for African businesses

Loveworld Kingdom, a faith-based organization, has successfully secured $1 million in funding for an investment initiative aimed at supporting small and medium-sized enterprises (SMEs) across Africa. The announcement was made at the Loveworld Trade and Investment Forum held in Accra, Ghana in October. The initiative seeks to mobilize private capital to address financing constraints faced by African SMEs, particularly in areas such as production expansion, market entry and business growth.

As businesses continue to grapple with limited access to affordable financing, organizations like Loveworld Kingdom play an increasingly important role in connecting entrepreneurs with potential investors, resources and market opportunities.

Written by urgent.news from Punch's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at punchng.com →

More in Finance & Markets

Portugal signs TAP sale contract with Lufthansa, pledging to keep airline Portuguese

The government and Lufthansa have signed a contract for the sale of TAP to the German group, which says it will remain a "Portuguese airline"; the prime minister pledges to preserve the "TAP brand and…

  • Portuguese government signs TAP sale contract with Lufthansa.
  • Prime Minister emphasizes preserving TAP's identity and brand.
  • Lufthansa CEO Carsten Spohr pledges TAP will remain Portuguese airline.

NNPC considers 5% to 10% stake sale in planned IPO

The Nigerian National Petroleum Company Limited (NNPC Ltd.) is considering selling between 5% and 10% of its equity through a potential initial public offering (IPO), with the proposed listing…

  • NNPC may sell 5-10% equity stake in planned IPO.
  • CEO Bashir Bayo Ojulari announced potential IPO on November 3, 2026.
  • Secondary listing considered in London or New York.

Canada gold output jumps 22% as global supply slips

Growth shows how new operations are adding meaningful volumes while some established mining countries struggle with lower grades and changing mine plans.

  • Canadian gold output increased by 22% in Q3
  • Global gold supply dropped 1% to 1,369 tonnes
  • China and Poland boosted gold demand

More from Tuesday 3 November →