Most Recent World News

Nigeria government, investors set to benefit from Africa Trade Insurance Agency’s investment

The Government of Nigeria and private sector investors are set to receive support that will help boost key industries such as the banking sector as well as providing access to.

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Senegal’s industrial park open for business

Forty kilometers from the capital, Dakar, a new industrial park has opened. Seven companies, from China, Côte d’Ivoire, France, Tunisia and one from Senegal itself, have already set up operations.

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South Africa ratifies African Continental Free Trade Area

South African parliament has ratified the agreement establishing the African Continental Free Trade Area (AfCFTA). It has now joined 49 other countries that have put pen to paper on the.

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Cellulant to build a single payments API for Africa’s fintech companies

Pan-African payments company Cellulant has announced plans to build an application programming interface (API) for Africa’s payments companies to solve Africa’s payment problems. The interface is also expected to grow.

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Central African Republic formalizes Afreximbank membership, deposits ratification document

Central African Republic has formalized its membership of the African Export-Import Bank, Afreximbank, with the deposit of the instrument of the country’s ratification of the Bank’s Establishment Agreement with the.

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Africa50 acquires 15 per cent of equity in Nachtigal Hydropower Plant

Africa50, the pan-African infrastructure investment platform, has acquired 15 per cent of the equity stake in the Nachtigal Hydro Power Company (NHPC) which runs the Nachtigal hydropower project in Cameroon..

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OFID invests $50 million to support Egypt purchase gas, petroleum products

The OPEC Fund for International Development, OFID, has announced it is contributing $50 million to support Egypt’s purchase of crude oil, petroleum products and liquefied natural gas via a mudaraba.

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MTN Group joins IoT World Alliance

MTN Group is now the first African telecommunications company to join the IoT World Alliance, the leading enabler or connected IoT solutions. IoT World Alliance is a collaboration of established.

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Shell signs gas supply agreement for Aba Power Project

The Shell Petroleum Development Company of Nigeria (SPDC) and its joint partners have signed a gas supply and aggregation agreement that will support the 140 Megawatts Aba Integrated Power Project.

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Standard Bank appoints new Chief Executive for Wealth

Effective 1 February 2019, Peggy-Sue Khumalo will assume the position of Chief Executive, Wealth, South Africa for Standard Bank. Peggy-Sue Khumalo contributes to the re-employment and institutionalization of Investec for.

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