Africa Archives — Page 2 of 9 — City Business News

August 11, 2023 No Responses

ECOWAS To Assemble ‘Standby Force’ Over Political Crisis In Niger

The Economic Community of West African States (ECOWAS) has approved armed intervention in Niger Republic “as soon as possible”. The President of ECOWAS, Omar Alieu Touray, made this announcement while presenting the ECOWAS resolution concerning the recent coup in Niger during an...

August 2, 2023 No Responses

Seplat Energy CEO: Energy Access Will Be Biggest Driver Of Social, Economic Development In Africa

Access to affordable, reliable and sustainable energy is crucial if Africa is to achieve all 17 United Nations Sustainable Development Goals (SDGs), and energy access will be the biggest driver of social and economic development in Africa going forward, the...

July 15, 2023 No Responses

Access Bank To Acquire Standard Chartered Subsidiaries In Angola, Gambia, Three Others

Access Bank Plc has concluded an arrangement to acquire the sub-saharan subsidiaries of Standard Chartered Bank. Under the arrangement, Standard Chartered will sell its shareholding in its subsidiaries in Angola, Cameroon, Gambia and Sierra Leone to Access Ban...

July 13, 2023 No Responses

How To Send Money Across Africa Using Ecobank Mobile, Omnilite Apps

Ecobank customers can now transfer money in seconds to 33 African countries where Ecobank Group operates using Ecobank Mobile and Omnilite apps and the recipient gets immediate credit in the target country’s local currency. Announcing this new developme...

July 10, 2023 No Responses

Seplat Energy, CEO Shine At 2023 Excel Africa Awards

Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange (NGX) and the London Stock Exchange (LSE) has emerged as winner of the ‘Excellence in Energy Leadership Company of the Year 2023’ award at the Excel....

June 23, 2023 No Responses

AfDB Approves $23.04m For Floating Dock Facility In Ghana

The Board of Directors, African Development Bank (AfDB) has approved a $23.04 million loan to Prime Meridian Docks AssetCo Ltd (PMD), a special purpose entity to co-finance the construction of a modern floating dock ship repair facility in Ghana’s western...

June 3, 2023 No Responses

MTN Is Africa’s Most Valuable Brands

Despite difficult operating conditions, Africa’s most valuable brands have demonstrated resilience and growth in 2023, according to the latest report by leading brand valuation consultancy, Brand Finance. The top 200 brands in Africa have seen a co...

May 28, 2023 No Responses

Kaduna, SAA FLAG OFF N100M FARM INPUTS DISTRIBUTION

The Kano State Agropastoral Project (KSADP) and Sasakawa Africa Association (SAA) on Saturday commenced the distribution of farm inputs to farmers across the 44 Local Governments Areas of the state as part of efforts to increase yield per ha, create...

May 6, 2023 No Responses

Experts Implore African Maritime Players On Energy Transition Training For Seafarers

As the maritime industry transitions to a low and zero-carbon future, African maritime players are being advised to implement new training infrastructure for seafarers to adapt to the ongoing continent’s green transition. Speakers at ‘Unlocking Green Marit...

April 22, 2023 No Responses

APMT Regional Director Visits Shippers’ Council

APM Terminals’ Regional Managing Director, Africa and Europe, Igor van den Essen, recently, visited the corporate head office of Nigerian Shippers’ Council (NSC) where he expressed the commitment of the global terminal operator to work with the c...

April 12, 2023 No Responses

Lagos Marriott Hotel Ikeja Wins Sub-Sahara Africa Award

For its excellent guest satisfaction index, gross operating profit and improvement in its total sales, the Lagos Marriott Hotel, Ikeja has been announced as the best hotel in Sub-Sahara Africa for the 2022 business year. This award was conferred on...

March 1, 2023 No Responses

NGX, PAPSS Sign MoU On Cross-Border Payments

Nigerian Exchange (NGX) and Pan African Payments Settlement System (PAPSS) on Tuesday signed a Memorandum of Understanding (MoU), to integrate the payments system that would boost cross-border securities transactions across African capital markets. Mr Temi Pop...

February 8, 2023 No Responses

Transport Firm Delivers 330 Cattle From Europe To West Africa

Intradco Global, world-leading animal transport specialist and part of Chapman Freeborn and Avia Solutions Group, has transported 330 cattle from Europe to West Africa. City Business News reports that the genetic breeding cattle were moved on behalf of a...

January 27, 2023 No Responses

AfDB Commits $10bn To Drive Food Security In Africa

The African Development Bank (AfDB) Group is to commit $10 billion over the next five years to make Africa food secure. The president of the bank, Dr Akinwumi Adesina made the commitment at the Dakar Africa Food Summit in Diamniadio,...