Africa – Page 2 – City Business News

October 19, 2024 No Responses

AfDB Unveils $100m Investment Bank For Nigerian Youths

The African Development Bank (AfDB) has approved a Youth Entrepreneurship Investment Bank for Nigeria. AfDB president, Akinwunmi Adesina disclosed this on Friday in Abuja while delivering a keynote address at the 90th Birthday Lecture of former Head of State Yakubu Gowon....

October 13, 2024 No Responses

Seplat CFO: ESG, Regulatory Frameworks Driving Energy Investments In Africa

Environment, Social and Governance (ESG) standards and regulatory frameworks in African countries significantly shape oil and gas investments in the continent, as they influence costs, compliance requirements, and project risk profiles.The Chief Financial Offi...

July 24, 2024 No Responses

Gabon Invites Dangote To Invest In Cement, Fertilizer Production

President Brice Oligui Nguema of Gabon has invited the President and Chief Executive Officer of Dangote Industries Limited (DIL), Aliko Dangote to invest in Cement and Fertiliser production in Gabon. The President urged Dangote to explore potential investment ...

June 11, 2024 No Responses

Access Bank Completes Acquisition Of BancABC Tanzania

Access Bank Plc has announced the successful completion of its acquisition of African Banking Corporation (Tanzania) Limited (BancABC Tanzania), in line with its strategic expansion goals. With the successful acquisition of BancABC Tanzania by the Ba...

May 30, 2024 No Responses

Kia Unveils New Sorento For Africa, Middle East

Kia Middle East and Africa has announced the launch of the new Kia Sorento restyled model, set to redefine the mid-size SUV market in the region. According to Kia, the launch marks a significant milestone for Kia, showcasing the brand’s...

April 5, 2024 No Responses

Tinubu Tasks ECOWAS Parliament On Unity Against Forces Of Division

President Bola Tinubu has called on Economic Community of West African States (ECOWAS) members to come together, strengthen ties, and reject forces of division. The media aide to the President, Ajuri Ngelale, in a statement explained that Tinubu made the...

March 25, 2024 No Responses

Undersea Cables: Nigeria Seeks Joint West Africa Regional Protection

Following recent undersea cable cuts that challenged connectivity in many countries in the West African region, Nigeria has called for a coordinated and multilateral approach by the region to protect shared telecommunications infrastructure and diversify conne...

March 19, 2024 No Responses

NCC: Voice, Data Services Affected By Undersea Cable Cuts Restored

The management of Nigerian Communications Commission (NCC) has announced that voice, and data services affected by undersea cable cuts have been restored. A statement issued on Monday by the Director of Public Affairs in NCC, Reuben Muoka, said services have.....

March 3, 2024 No Responses

Experts Propose Advancing AfCFTA Implementation As Theme Of Next Conference Of Ministers

The next Economic Commission for Africa Conference of African Ministers of Finance, Planning and Economic Development (COM2025) will be held in Ethiopia in March 2025. A statement issued on Sunday explained that at the closing of the Experts Segment of...

January 15, 2024 No Responses

Ecobank Group Unveils Brand Campaign At Africa Cup of Nations

Ecobank Group on Sunday unveiled its new brand campaign, ‘A BETTER WAY | A BETTER AFRICA’ at the TotalEnergies CAF Africa Cup of Nations Côte d’Ivoire 2023 (AFCON). A statement explained that Ecobank is a proud official sponsor of the...

December 4, 2023 No Responses

AUTO REPORT AFRICA Goes Digital, Unveils LUBES West Africa

AUTO REPORT AFRICA, the leading pan-African online automotive magazine, has gone fully digital with the launch of its e-magazine which goes live on the web this Monday . The magazine is also launching out a publication, LUBES West Africa, which...

November 30, 2023 No Responses

Lagos Seeks Collaboration With African Leaders On Continent’s Investment Potentials

Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu has charged African leaders, policymakers, intellectuals and all Africans, to initiate strategies that will deliver balanced and equitable development that leaves no one behind. The Governor made this call a...

November 18, 2023 No Responses

UBA Bags 2023 African Leadership Award

United Bank for Africa (UBA) Plc has been named the African Champion of the Year 2023 at the just concluded Africa Financial Industry Summit, held in Lome, Togo. The Africa Financial Industry Summit (AFIS), organized by Jeune Media Group, publishers...

November 14, 2023 No Responses

At IATF 2023, Ecobank Group Champions Intra-African Trade Growth

Ecobank Group has said it is positioned as the ‘go to’ bank for payments and trade in Africa. Eric Odhiambo, Group Executive, Corporate and Investment Banking, Ecobank Group who was speaking on the ongoing Intra-African Trade Fair 2023 (IATF 2023) tak...