Covid-19: Africa Seeks $100b Economic Stimulus

Covid-19: Africa Seeks $100b Economic Stimulus

Africa needs an immediate emergency economic stimulus to the tune of 100 billion dollars, owing to the COVID-19 outbreak, the African Finance Ministers have said. This is contained in a statement by Communication and Media Relations Department of the group,...
read more
Ecobank Nigeria To Host Regional Trade Forum

Ecobank Nigeria To Host Regional Trade Forum

All is set for Ecobank Nigeria’s 2020 Regional Trade Forum in Lagos. The forum taking place in March, will be a two-day event, providing the opportunity for exporters and importers within the African region to exhibit their products in a...
read more
How To Attract Investors To African Capital Markets, By Fourier, CEO, JSE

How To Attract Investors To African Capital Markets, By Fourier, CEO, JSE

Most African Capital Markets are too small to attract the attention of international investors, the Chief Executive Officer, Johannesburg Stock Exchange (JSE), Dr Leila Fourie has said.  To reverse the trend, Fourier has called for adequate liquidity thro...
read more
Firm Secures Contract For Another FPSO Vessel

Firm Secures Contract For Another FPSO Vessel

Japanese FPSO supplier, MODEC has signed a contract with Woodside Energy to supply a Floating Production Storage and Offloading (FPSO) vessel for Senegal’s first offshore oil development project.  MODEC currently operates three FPSOs in Ghana and Côte ...
read more
UBA Africa Appoints Alawuba CEO

UBA Africa Appoints Alawuba CEO

United Bank for Africa Plc (UBA) on Monday announced the appointment of Oliver Alawuba as Chief Executive Officer of UBA Africa, overseeing UBA’s operations in 20 countries in Africa ex-Nigeria.  A statement signed by Group Company Secretary, Bili Odum ...
read more
AfDB Explains $20bn Investments’ Portfolio In ECOWAS Region

AfDB Explains $20bn Investments’ Portfolio In ECOWAS Region

The African Development Bank (AfDB) portfolio investments in the Economic Community of West African States (ECOWAS) region is 20 billion dollars. This is contained in a statement released by the bank’s Communication and External Relations Department on Sunda...
read more
Building Resilient African Capital Markets

Building Resilient African Capital Markets

By Thapelo Tsheole — From 25-26 November 2019, over three hundred capital markets participants converged in Kasane in Botswana to attend the 23rd Annual General Meeting and Conference of the African Securities Exchanges Association (ASEA) hosted by Botsw...
read more
Tony Elumelu Foundation To Open Applications For 2020  Entrepreneurship Programme  January 1, 2020

Tony Elumelu Foundation To Open Applications For 2020 Entrepreneurship Programme January 1, 2020

The Tony Elumelu Foundation (TEF) — Africa’s leading philanthropy dedicated to empowering African entrepreneurs — will begin accepting applications for the 2020 cohort of the TEF Entrepreneurship Programme, on January 1, 2020.  Applications are made...
read more
Ighalo, Osimhen, Nnadozie, Oshoala Nominated For CAF Awards

Ighalo, Osimhen, Nnadozie, Oshoala Nominated For CAF Awards

Nigeria’s Odion Ighalo, Victor Osimhen and Wilfred Ndidi have been shortlisted for the 2019 CAF Men Footballer of the Year. The trio were nominated alongside 27 others in a list released by the Confederation of African Football (CAF) on Sunday....
read more
Dakuku: Intercontinental Collaboration Key To Maritime Growth In Africa

Dakuku: Intercontinental Collaboration Key To Maritime Growth In Africa

The Chairman of the Association of African Maritime Administrations (AAMA) and Director General, Nigerian Maritime Administration And Safety Agency (NIMASA), Dr. Dakuku Peterside has stated that intercontinental collaboration is essential to the growth of mari...
read more
Bridgestone To Merge Operations In Africa, India, Others

Bridgestone To Merge Operations In Africa, India, Others

Bridgestone Tyre is to merge its India business with Europe, Middle-East and Africa (EMEA) block with effect from 2020.  According to the company, the move is aimed at unlocking untapped potential in both India and EMEA.  The integration of India...
read more
How Co-operatives Aid Development in African Economies

How Co-operatives Aid Development in African Economies

–Total E&P Co-op as case study — The rapid advancement of mechanization from the mid-1700s to the early 1800s which is now considered as the Industrial Revolution, resulted in job losses for many skilled workers across Europe. The knock-on effe...
read more
CBN Implores African Countries On Human Capital Development

CBN Implores African Countries On Human Capital Development

As part of measures to compete globally, the Central Bank of Nigeria (CBN) on Monday urged African countries to invest in human capital development. The CBN Governor, Mr Godwin Emefiele, gave the advice at the ongoing African Economic Congress (AEC)...
read more
Samsung Unveils Galaxy A10s, A20s, A30s In Nigeria

Samsung Unveils Galaxy A10s, A20s, A30s In Nigeria

Samsung on Thursday unveiled new members of the Galaxy A Series smartphones – the Galaxy A10s, A20s and A30s.  According to Samsung, the new devices offer upgrades to essential features, made even more powerful with more value for the new...
read more