Africa Archives — Page 7 of 10

April 8, 2020 No Responses

COVID-19: ECOWAS Distributes Chloroquine For Member States

The West African States (ECOWAS) has ordered over one million kits for member states to help fight the coronavirus pandemic. The new order,according to the sub-regional body, is to supplement its ongoing distribution of other kits and medicines including Chloroquine...

March 27, 2020 No Responses

COVID-19: UBA Deploys $14m Aid To African Countries

United Bank for Africa Plc (UBA) has announced a donation of over 5 billion Naira (USD14 million), through the UBA Foundation, to catalyse a comprehensive pan-African response to the fight against the Coronavirus (COVID-19) global pandemic. The donation will p...

March 24, 2020 No Responses

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,...

February 22, 2020 No Responses

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...

February 3, 2020 No Responses

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...

January 12, 2020 No Responses

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 ...

January 7, 2020 No Responses

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 ...

December 23, 2019 No Responses

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...

December 21, 2019 No Responses

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...

December 2, 2019 No Responses

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...

November 25, 2019 No Responses

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....

November 14, 2019 No Responses

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...

November 10, 2019 No Responses

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...

November 5, 2019 No Responses

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...