Tag: Africa

UK To Cut Taxes On Imports From Developing Countries
August 16, 2022 No Responses

UK To Cut Taxes On Imports From Developing Countries

The UK is to cut import taxes on hundreds more products from some of the world’s poorest countries to boost trade links. The Developing Countries Trading Scheme comes into force in January and builds on a scheme the UK was...
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Catholic Bishops Urge African Countries To Unite In Tackling Insecurity
August 12, 2022 No Responses

Catholic Bishops Urge African Countries To Unite In Tackling Insecurity

The Symposium of Episcopal Conferences of Africa and Madagascar (SECAM), has urged African leaders to unite in confronting the security challenges on the continent. The SECAM, composed of Catholic Bishops from the continent, made the call during the 19th Assem...
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Access Bank Acquires $37m Stake In Kenya’s Sidian Bank
June 9, 2022 No Responses

Access Bank Acquires $37m Stake In Kenya’s Sidian Bank

Access Bank Holding Plc has concluded plans to acquire Kenya’s Sidian Bank Ltd., for N15 billion ($37 million).     The bank disclosed this in a notice signed by Mr Sunday Ekwochi, Company Secretary of the bank, and made available on the....
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World Bank Implores Africa On Green, Sustainable Bonds 
May 28, 2022 No Responses

World Bank Implores Africa On Green, Sustainable Bonds 

The World Bank has said that Green, Social and Sustainable (GSS) bonds could contribute to Africa’s sustainable economy.  Mr Jorge Calderon, the Vice President and Treasurer, World Bank Treasury said this at a virtual workshop on GSS Bond Market Develop...
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GTCO Plc’s GTBank Bags Africa’s Best Brands Awards 
May 28, 2022 No Responses

GTCO Plc’s GTBank Bags Africa’s Best Brands Awards 

Guaranty Trust Bank Ltd (GTBank), the banking subsidiary of Guaranty Trust Holding Company Plc (GTCO Plc), has emerged winner in four major categories at the 12th annual Brand Africa 100: Africa’s Best Brands 2022 rankings of the Top 100 Most...
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Heirs Oil & Gas’ OML 17wins PFI Africa Deal Of The Year 
May 18, 2022 No Responses

Heirs Oil & Gas’ OML 17wins PFI Africa Deal Of The Year 

Africa’s integrated energy company has been awarded the ‘Africa deal of the year 2021’byProject Finance International (PFI), following the $1.1 billion financing and acquisition of45% stake in OML 17 in 2021. The award ceremony which took placeon Monday,...
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Gulf Of Guinea Accounts For 4.5million Barrels Of Oil Daily, Says CNS
May 11, 2022 No Responses

Gulf Of Guinea Accounts For 4.5million Barrels Of Oil Daily, Says CNS

The Chief of Naval Staff (CNS), Vice Adm. Awwal Gambo,  on Tuesday said that the Gulf of Guinea accounted for about 4.5million barrels of oil produced daily in Africa.  Gambo said this at the 10th SECUREX West Africa 2022 International...
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NIMASA Seeks Harmonisation Of Port State Control Procedures 
May 10, 2022 No Responses

NIMASA Seeks Harmonisation Of Port State Control Procedures 

The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has stated that the growth potential and high expectations of maritime stakeholders for the industry would only be realized through the development of a ...
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Osinbajo: Africa Must Produce What It Eats
May 9, 2022 No Responses

Osinbajo: Africa Must Produce What It Eats

Vice-President Yemi Osinbajo on Monday challenged Africa to produce what it eats and reduce its dependence on external countries.   Osinbajo made the call at a conference of Speakers and Heads of African Parliaments holding in Abuja.   He said...
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Geely Delivers 78,478 Units In February, Penetrates African Market
May 2, 2022 No Responses

Geely Delivers 78,478 Units In February, Penetrates African Market

For the Month of February 2022,  Geely Auto recorded total sales volume of 78,478 units, an increase of approximately Two per cent from the same period last year, but down approximately 46% from January 2022, primarily due to the supply sho...
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Union Bank Bags Middle East, Africa Innovation Awards
April 20, 2022 No Responses

Union Bank Bags Middle East, Africa Innovation Awards

Union Bank of Nigeria has received the highly acclaimed award for the Best Trade Finance Platform Initiative, at the recently concluded Middle East & Africa Banking Innovation Awards 2022. A statement sent to City Business News Online explained that the...
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NSML Gets First Sub-Saharan African Terminal Environmental Certification
April 11, 2022 No Responses

NSML Gets First Sub-Saharan African Terminal Environmental Certification

NLNG Ship Management Limited (NSML), manager of the Nigeria LNG Limited (NLNG) Bonny Terminal, has achieved the terminal’s Ecoport Port Environmental Review System (PERS) certification, making it the first certification of its kind in any port in Sub-Saharan...
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SEC Nigeria Receives FSD Africa Delegation, Harps On Technology-Driven Market
April 11, 2022 No Responses

SEC Nigeria Receives FSD Africa Delegation, Harps On Technology-Driven Market

The Securities and Exchange Commission has restated its commitment to ensuring that technology plays a major role in enabling the nation’s capital market attain its full potentials.   Director General of the SEC, Mr. Lamido Yuguda stated this durin...
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JBS ELDERLY FOUNDATION WALKS FOR UNDERPRIVILEGED ELDERLY PEOPLE
March 23, 2022 No Responses

JBS ELDERLY FOUNDATION WALKS FOR UNDERPRIVILEGED ELDERLY PEOPLE

In a demonstration of her commitment to the underprivileged elderly people living in sub-Saharan Africa, starting from Nigeria, JBS Elderly Health & Wellbeing Foundation Africa (JBS EHWF Africa) is having her first-ever sponsored walk this March, tagged, T...
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