Africa Archives — Page 7 of 11

November 12, 2020 No Responses

Nigeria Ratifies Membership Of African Free Trade Zone

The Federal Executive Council ratified Nigeria’s membership of the African Continental Free Trade Area Agreement on Wednesday in Abuja. Minister of Information and Culture, Alhaji Lai Mohammed, made this known at the end of the weekly meeting of the Council...

November 4, 2020 No Responses

C&I Leasing Shareholders Endorse Neoma Africa $10m Loan To Equity Conversion

C&I Leasing Plc shareholders have unanimously approved the conversion of $10 million loan to equity for Neoma Africa Fund (formerly Aureos African Fund). The shareholders gave the approvalat the company’s Extra-Ordinary General Meeting (EGM) on Tuesday i...

June 18, 2020 No Responses

African Association Of Cross Border Trade Seeks Collaboration With NSC

The African Association of Cross Border Trade has called for collaboration with the Nigerian Shippers’ Council in the area of trade facilitation amongst ECOWAS countries, expansion of and compilation of trade statistics on Cross Border Trade. ...

May 30, 2020 No Responses

AfDB: Why The US Is Targeting Akinwumi Adesina

The US and the African Development Bank have fallen out over allegations of corruption against the bank’s Nigerian head, writes former BBC Africa Business editor, Larry Madowo. Akinwumi Adesina is a sharp dresser known for his expensive tailored suits, i...

May 28, 2020 No Responses

SMEs Development, Agriculture, Others Take Centre Stage At UBA Africa Day Conversations

Development of homegrown solutions and adequate investment in human capacity building and agricultural expansion are key steps that will help to rebuild Africa and put the continent on a stronger footing post Covid-19. Various experts and leaders who mad...

May 26, 2020 No Responses

At UBA Africa Day Conversations, Global Leaders Seek Path To Economic Recovery

Global leaders at the second edition of United Bank for Africa (UBA) African Day Conversations, have emphasised the need for meaningful collaborations between governments and the private sector as a panacea for the quick recovery of the economy of the...

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...

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...