Africa – Page 10 – City Business News

March 19, 2019 No Responses

Tony Elumelu Foundation To Announce Selected Entrepreneurs For 2019 Programme March 22

The Tony Elumelu Foundation (TEF) will announce the selected applicants for the 2019 cohort of the Foundation’s flagship Entrepreneurship Programme on March 22, 2019. The event, which marks the 5th round of the Foundation’s Entrepreneurship Programme, will take place at...

March 2, 2019 No Responses

UBA Begins Operations In UK

Barely three weeks after United Bank for Africa (UBA) group launched its operations in Mali, the foremost financial institution has commenced business activities in the United Kingdom. At the upscale ceremony which held on Thursday, February 28, 2019...

March 1, 2019 No Responses

Qatar Airways Suspends Expansion Agenda In Africa

Citing blockade imposed on Doha by four Arab states, Qatar Airways has suspended plans to add new destinations in Africa. The National Carrier in a tweet said: “Due to the unjust blockade against Qatar, we had to suspend some planned...

February 28, 2019 No Responses

UK, African Leaders Congratulate Buhari

The United Kingdom has felicitated with President Muhammadu Buhari on his electoral victory in the Saturday’s presidential election. A statement from the UK’s minister of state for Africa, Harriett Baldwin, said the result declared by the Independent Natio...

January 29, 2019 No Responses

Nigeria Tasks African Leaders On Oil, Gas Infrastructure Development

President Muhammadu Buhari has called on African leaders to support whatever will help drive infrastructure development in the oil and gas sector in the region. Buhari gave the advice at the opening ceremony of the second edition of the Nigerian...

January 26, 2019 No Responses

Agenda For Intra-African Trade Gains Momentum At Davos

A new African free trade area could be just weeks away as the last few countries ratify an agreement signed last year. The plan to boost intra-African trade by half is gaining much attention in Davos this year. When you...

December 12, 2018 No Responses

Obasanjo Tasks African Leaders On $27b Free Trade Agreement

Citing benefits of uninhibited trading among African countries, former President, Olusegun Obasanjo has advised African leaders to sign the African Continental Free Trade Agreement (ACFTA). The initiative promises $27billion investments. Spea...

August 19, 2018 No Responses

Buhari Mourns Kofi Annan

President Muhammadu Buhari has commiserated with the government and people of Ghana over the passing of former UN Secretary General, Kofi Annan, in the early hours of Aug. 18. A statement issued by Mr Femi Adesina, the President’s Special Adviser...

July 18, 2018 No Responses

Djibouti Insists On Free Trade Zone

Djibouti Ports and Free Zones Authority (DFPZA) stood up against DP World’s claims that the opening of the Chinese-built Djibouti International Free Trade Zone (DIFTZ) was against the port operator’s exclusive contractual rights. The duo has embroiled in...

May 23, 2018 No Responses

East Africa Records 54 Piracy Attacks In 2017

The number of piracy incidents doubled off the coast of East Africa in 2017 compared to 2016, according to the annual State of Piracy report released by One Earth Future’s (OEF) Oceans Beyond Piracy program. The report analyzes the human...

April 25, 2018 No Responses

Tony Elumelu To African Leaders: Prioritize Africa’s Youth

During the annual spring meetings of the International Monetary Fund and the World Bank in Washington, DC, African philanthropist and entrepreneur Tony O. Elumelu insisted that prioritizing Africa’s youth by fixing the policy and regulatory issues impeding t...

April 20, 2018 No Responses

EIB, AfDB To Support Private Sector Investment In Nigeria With $50m

The European Investment Bank and the African Development Bank have agreed to support the creation of the new Development Bank of Nigeria to strengthen lending for business and agriculture investment in the country. The European Investment Bank has finalized a....

April 18, 2018 No Responses

Elumelu, Kim, Weiner To Open Forum On Digital Economy for Africa

Chairman, Heirs Holdings and Founder, The Tony Elumelu Foundation, Tony O. Elumelu will join Jim Yong Kim, President, World Bank Group and Jeff Weiner, LinkedIn CEO at the opening debate of the ‘Digital Economy for Africa’ Forum in Washington, D.C...

April 12, 2018 No Responses

Tony Elumelu, UBA Chairman To Tour East Africa On Entrepreneurship, Infrastructure

Foremost Entrepreneur and philanthropist, Tony O. Elumelu will lead a 5-day working visit to East Africa, where he will meet with national leaders of Kenya and Uganda. In his capacity as Chairman of United Bank for Africa (UBA), Mr....