Most Recent World News

African Development Bank delivers strong development results in Egypt

The African Development Bank (AfDB) has published the ‘Country Results Brief’ on Egypt. The report, which looks at Egypt’s economic situation, puts a spotlight on Bank’s investments in the energy,.

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Ecobank appoints MFS Africa as digital payment partner

Pan-African bank Ecobank has appointed MFS Africa as digital payment partner enabling cross-platform payment services for Ecobank account holders. The partnership allows Ecobank customers to send and receive money to.

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Egypt says Zohr gas field output to hit 3 bln cubic feet/day by 2019

Egypt said on Wednesday that production from its giant Zohr offshore gas field is expected to exceed 3 billion cubic feet per day by 2019. Egypt aims to be a.

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EU announces €125 million funding for the Sahel region

The EU has announced new funding totaling €125 million for the Sahel countries. The fresh injection of €125 million will be used for the swift launch of new initiatives, which.

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Afreximbank, Heirs Holdings sign $600 million financing agreement to scale energy investments

African Export-Import Bank, Afreximbank, has signed financing facilities totaling $600 million with the Heirs Holdings Group, a pan-African proprietary investment holding company, further driving its mandate to facilitate the growth.

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Bongani Investment group invests €3.5 million in ornamental rocks

At least 3.5 million euros have been invested by the Alaturca Pedras Naturais plant, a company belonging to the Bongani Investment group, in the second line of cutting and polishing.

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AfDB and Entreprenarium launch master classes for 200 women entrepreneurs

The African Development Bank, as part of its Initiative to Support Access to Women in Africa (AFAWA), in partnership with Entreprenarium, has launched training sessions for 200 women entrepreneurs in.

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35 Ghanaian Companies to Receive Stimulus Package

President Nana Addo-Dankwa Akufo-Addo has announced that about 35 Ghanaian companies have been shortlisted by the Ministry of Trade and Industry (MoTI) to receive stimulus package. Speaking as the Special.

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Mastercard and DPO Group target 40k Pan African merchants with new payment system

Global payments and technology company Mastercard and Africa’s payment service provider, DPO Group have announced a collaboration to enable more than 40,000 African merchants to accept Mastercard payments, connecting more.

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Central Bank of Nigeria Grants AMAC MFB Operating Licence

The Central Bank of Nigeria (CBN) has given the Abuja Municipal Area Council (AMAC) a licence to operate a microfinance bank. The bank, which was commissioned last week by FCT.

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