Most Recent World News

Suez Canal announces record $7bn profit in 2021-2022

The Suez Canal on Monday announced a record profit of $7 billion (about 6.7 billion euros) for the 2021-2022 fiscal year, after repeatedly raising transit fees for ships through the.

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AFRICA.COM: Live from the World Economic Forum in Davos

This year, Africa Day coincides with the annual meeting of the World Economic Forum in Davos Switzerland.  African leaders, together with world leaders, are gathering to discuss critical issues of.

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Why Do African Women Need Financial Literacy?

With the rise of female entrepreneurship and growing female participation in the workforce, improving financial literacy for women is more important than ever. When these women unlock their economic potential.

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World Bank to Fund $900 Million Development Projects in East Congo

The World Bank and Congo have signed two funding conventions of$900 million to boost female entrepreneurship and access to water and electricity in the east and west of the country,.

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Access Bank to Acquire Majority Stake in Kenya’s Sidian Bank

Nigeria’s top lender, Access Bank, will acquire a majority stake in Sidian Bank from Centum Investments for Ksh4.3 billion ($36.8 million), two years after it entered the Kenyan market with.

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UAE Foodtech Start-up Grubtech Expands Operations to Egypt

GrubTech, a start-up platform that digitizes the back-end operations of restaurants and cloud kitchens based in the UAE, has expanded to Egypt, diversifying its regional operations. Grubtech is a cloud.

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Standard Bank names Nyembezi as first black woman chair

Standard Bank Group, Africa’s largest lender by assets, says it has appointed Nonkululeko Nyembezi as chair-designate of the group and the Standard Bank of South Africa, with effect from 1.

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Burundi’s Economic Rejuvenation Strategy Unveiled

Like other countries across the globe, the COVID-19 pandemic disrupted the economic growth of Burundi and affected the balance of payment. In this exclusive interview with the African Leadership Magazine.

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World Bank grants Ethiopia $300m for Tigray war recovery

Ethiopia received a massive boost to rebuild from the Tigray war after the World Bank agreed to disburse $300 million targeted at local communities whose lives have been destroyed. The.

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Innocent C. Ike – Corporate Transformation Guru

Mr. Innocent C. Ike is currently the Managing Director/CEO of Polaris Bank Limited, where he leads the Bank through a corporate transformation journey of becoming the leading digitally-enabled retail Bank.

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