Airtel to Establish Payment Service Bank
10/12/2018Airtel Nigeria has announced plan to set up a Payment Service Bank (PSB) in Nigeria, following the Central Bank of Nigeria (CBN) issuance of guidelines for licencing PSBs in the.
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Business & Economy
Smile, Taxify Collaborate to Boost Driver-Rider Experience
10/12/2018Smile Communications Nigeria is set to enhance the experiences of Taxify drivers and their riders through a strategic partnership deal with Taxify. The move was designed to improve internet connectivity.
Business & Economy
Seraphim opens first African solar cell factory in South Africa
10/12/2018Seraphim Solar System Co. Ltd, a global solar product manufacturer, has announced the inauguration of a new 500 MW solar cell factory in the Coega Industrial Development Zone of Port.
Business & Economy
Egyptian Government approves Mubadala Petroleum and BP in Nour North Sinai Offshore concession
10/12/2018The sale of a 20% participating interest to Mubadala Petroleum, a wholly-owned subsidiary of Mubadala Investment Company, and a 25% participating interest to BP in the Nour North Sinai Offshore.
Business & Economy
Petra Diamonds sells South Africa mine for $14
10/12/2018Petra Diamonds has offloaded its Helam mine in South Africa for a total price of ZAR 200 ($14). Petra put the asset on care and maintenance in 2015 after failing.
Africa
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Interviews
Africans Have An Extreme Fear of Being Labelled As Mentally Ill
10/12/2018The importance of a stable mental health condition cannot be overemphasized. Mental health is one of the most neglected health conditions in the African continent and this can be attributed.
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Business & Economy
Dangote produces 1.5m metric tons of sugar annually
09/12/2018Dangote Sugar Production Company is producing 1.5 million metric tons of sugar annually, the Director Sugar of the company, Alhaji Abdussalam Ibrahim Waya, has said. Waya stated this at Dangote.
Business & Economy
AIIB invests $510 mln in sustainable infrastructure for Egypt
09/12/2018The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved $510 million funds for two infrastructure projects in Egypt. Co-financed with the Government of Egypt and other lenders, the.
Business & Economy
Women economic empowerment key for Africa’s development – Alejandro Alvarez de la Campa
09/12/2018When women are economically empowered, they bring more benefits to society than the case with men, said World Bank’s practice manager for competitiveness, and innovation global practice on Saturday. Providing.