Sidian Bank Signs Ksh990 Million Deal With Oikocredit

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Sidian Bank Signs Ksh990 Million Deal With Oikocredit

Staff Writer - September 24, 2021

Sidian Bank has signed a Ksh990 million deal with Oikocredit. The funding deal will enable the bank to support onward lending to the SME sector...

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The Africa Women Innovation and Entrepreneurship Forum (AWIEF) (www.AWIEForum.org) hosted a spectacular celebration of African women’s excellence at the2025 AWIEF Awards, held on Friday evening at the Cape Town South Africa. The glittering gala honoured women entrepreneurs and leaders driving innovation, sustainability, and inclusive growth across the continent. Eight exceptional winners were announced, each representing the transformative power of women-led initiatives in Africa. Since its inception in 2016, the AWIEF Awards have been a beacon of recognition and inspiration for women in business and leadership. Beyond celebrating success, the Awards aim to empower the next generation of innovators and changemakers, fostering a vibrant pan-African community of collaboration and impact. This year’s winners and finalists came from across Africa, showcasing diverse industries including technology, agriculture, energy, creative arts, and social entrepreneurship — united by a shared vision of advancing Africa’s growth through innovation. The Awards followed the two-day AWIEF2025 Conference, which attracted over 500 delegates from 50+ countries for engaging discussions, exhibition, masterclasses, and networking sessions. The event concluded with the highly anticipated awards gala dinner, marking a fitting finale to two days of knowledge sharing and inspiration. 2025 AWIEF Awards Winners Young Entrepreneur Award Norah Kimathi – Zerobionic, Kenya Empowerment Award Mampho Sotshongaye – Golden Rewards 1981, South Africa Energy Entrepreneur Award Nidal Tafah – MIRRIAH, Morocco Creative Industry Award Soraya da Piedade – Soraya da Piedade LDA, Angola Social Entrepreneur Award Farana Boodhram – MiDesk Global, South Africa Agri Entrepreneur Award (Sponsored by OCP Africa) Linda Davis – Giraffe Bioenergy, Kenya Tech Entrepreneur Award Maryanne Gichanga – AgriTech Analytics, Kenya Lifetime Achievement Award Audrey Joe-Ezigbo – CEO, Falcon Corporation, Nigeria Voices of the Winners For Soraya da Piedade, founder of Soraya da Piedade LDA and winner of the Creative Industry Award, the recognition marks a defining moment in her journey as a designer and entrepreneur. “I’m deeply honoured and grateful to AWIEF for creating platforms like this, where we celebrate women’s creativity and leadership,” said Soraya. “This award reminds me that when we create from a place of passion and purpose, we not only build brands but also inspire others to dream bigger.” From Kenya, Linda Davis, founder and CEO of Giraffe Bioenergy and winner of the Agri Entrepreneur Award, described the moment as “surreal.” “It’s my first time winning an award like this, and I am beyond excited,” said Davis. “AWIEF has given women like me a powerful space to share our work, connect with others, and be recognized for driving change in our communities. This win belongs to every woman farmer and entrepreneur working to build a sustainable Africa.” About the 2025 AWIEF Awards Finalists This year’s finalists included inspiring women from across Africa — from tech innovators in Botswana and Uganda to social impact leaders in Somalia, Kenya, and Zimbabwe — highlighting the depth and diversity of women’s entrepreneurial excellence on the continent.

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Thierry Lepercq, Founder and President of HyDeal Ambition – a platform uniting 30 companies across the entire green hydrogen value chain – will speak at the MSGBC Oil, Gas & Power 2025 conference and exhibition, taking place from December 8–10 in Dakar, where the company will also participate as a Strategic Partner. Building on its success in Europe, HyDeal Ambition is expanding into Africa through its HyDeal Africa partnership with Morocco-based renewable energy developer Gaia Energy, targeting large-scale, low-cost green hydrogen production for export to Europe. With an initial focus on Morocco and Mauritania, the initiative positions Mauritania as a key green hydrogen hub, supported by exceptional wind and solar resources and close proximity to European markets. Through a joint feasibility study, HyDeal Ambition and Gaia Energy are assessing a subsea hydrogen pipeline linking Mauritania and Morocco to Spain – a critical step toward establishing an integrated green hydrogen corridor connecting Africa and Europe. The project aligns with the EU’s target to import 10 million tons of green hydrogen by 2030. HyDeal Ambition’s vertically integrated model – proven through HyDeal España, a 4.8 GW solar and 3.3 GW electrolyzer project currently under development in Spain – aims to deliver green hydrogen at costs competitive with fossil fuels. Its expansion into Mauritania builds on the country’s rapidly growing renewable energy portfolio, including the planned 30 GW Aman, 10 GW Project Nour and 6.6 GW Megaton Moon developments. Lepercq is set to share insights from HyDeal’s European and African ventures, outlining strategies to scale cost-competitive green hydrogen production and infrastructure across the MSGBC region, where countries such as Senegal, The Gambia, Guinea-Bissau and Guinea-Conakry are advancing complementary hydrogen and renewable initiatives. “HyDeal Ambition’s participation at MSGBC Oil, Gas & Power 2025 highlights the growing momentum behind West Africa’s green hydrogen drive,” said Sandra Jeque, Project Director at Energy Capital & Power. “With Mauritania and its neighbors advancing large-scale renewable and hydrogen projects, HyDeal’s integrated model and European experience will provide valuable insights into developing competitive, export-ready hydrogen value chains across the region.” Explore opportunities, foster partnerships and stay at the forefront of the MSGBC region’s oil, gas and power sectors. Visit www.MSGBCOilGasandPower.com to secure your participation at the MSGBC Oil, Gas & Power 2025 conference.

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13 artisans travelled to Nairobi to showcase their products at Bizarre Bazaar Global Village, one of Kenya’s largest open-air markets for art, fashion and design. The artisans, from both refugee and host communities in Turkana, made 102,000 Kenyan shillings in sales over just two days. ‘It was more than just a market – it was a space to learn, connect and dream bigger,’ said Rodgers Mugaragu, a refugee artisan attending the event for the first time. With more than 100 vendors from across the country and beyond, Biz Baz is a vibrant platform for small producers to display their work and explore new business opportunities. ‘With ITC’s support, I’ve attended Biz Baz twice. The first time, I learned about product quality and value addition,’ said Josephine Alogogita Lobur from the Lodwar host community. ‘Since then, I’ve improved my designs to meet market standards. This year, I connected with new clients, exchanged ideas with other artisans, and gained inspiration to keep growing my business.’ Beyond immediate sales, the experience has strengthened participants’ confidence to run their own enterprises, paving the way for greater financial independence and long-term self-reliance. The group also visited ITC’s Ethical Fashion Initiative (EFI) centre in Nairobi to learn how local artisans collaborate with EFI to produce high-quality, market-ready goods. Opportunities like these help artisans gain exposure to national buyers and new markets, strengthening small businesses and generating income. Increased opportunities also mean better cohesion between refugees and host communities.

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Tag: Oikocredit

Sidian Bank Signs Ksh990 Million Deal With Oikocredit

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