News

[Nigeria] Access Bank signs Memorandum of Agreement with Diamond Bank

12-18-2018 | 12:25:59
The Board of Access Bank announced it has signed a Memorandum of Agreement with Diamond Bank regarding a potential merger of the two banks that will create Nigeria and Africa’s largest retail bank by customers.

OFID supports health and living standards in Malawi

12-18-2018 | 11:52:36
OFID, the OPEC Fund for International Development has signed a US$12 million public sector loan agreement with Malawi for a project aimed at improving health and living standards for circa 125,000 people.

Mauritania rolls out the welcome mat to investors with new iGuide

12-18-2018 | 11:31:53
Mauritania is serious about “rolling out the welcome mat” to foreign direct investment (FDI) following the launch of an online investment guide in the capital Nouakchott on 22 November.

USADF and Nigeria enters into $10m partnership to support local agribusiness

12-18-2018 | 10:46:00
The President and CEO of USADF and the Governor of Kebbi State, Nigeria, have signed a MOU announcing their intention to develop and expand local agricultural enterprises in the northern Nigerian state.

[Morocco] Vivo Energy and Zakoura Foundation partners with Education Ministry to educate on environment

12-18-2018 | 10:07:00
Vivo Energy and the Zakoura Foundation have signed a partnership agreement with the Ministry of Energy National Education, Vocational Training, Higher Education and Scientific Research to bolster environmental education.

African leaders urged to recommit to boosting continent’s agriculture sector

12-18-2018 | 09:15:00
ECA’s African Trade Policy Centre Programme Management Officer has urged African leaders to honour their commitment to allocate 10% of their budgets to agriculture to improve continent's food security, reduce poverty and spur economic growth.

GreenTec Invests in Tanzanian organic honey producer Afrilife

12-18-2018 | 08:35:08
GreenTec has announced its investment in Afrilife, a Tanzania-based producer of organic honey and bee products.

[Ghana] Esoko empowers farmers communication, bolstering markets

12-18-2018 | 07:53:00
Esoko, a Ghanaian technology firm, is empowering farmers to get better prices for their products, one text message at a time.

Temenos selected by its first public bank in Tunisia for digital transformation

12-18-2018 | 07:19:00
Temenos, the banking software company, announced that Banque de l’Habitat (BH) has signed for T24 Core Banking, Payments, Channels, Analytics, Financial Crime Mitigation and Enterprise Risk Management.

[Kenya] Nairobi Securities Exchange launches Ibuka

12-18-2018 | 06:47:00
The Nairobi Securities Exchange (NSE), has launched an incubation and acceleration board called Ibuka.

UNCTAD, Trade Mark East Africa sign deal to boost trade

12-17-2018 | 11:35:37
The United Nations Conference on Trade and Development (UNCTAD) and TradeMark East Africa (TMEA) have signed an MOU which is aimed at boosting trade in East Africa.

AfDB approves $75 million to DAL Group to transform Sudan’s food and agriculture

12-17-2018 | 11:30:08
The African Development Bank has approved its first private sector investment in Sudan in a multi-currency loan equivalent to $75 million to DAL Group.

Mobile money holds key to financial inclusion in Africa, experts say

12-17-2018 | 11:17:24
Sending and receiving money by mobile phone – pioneered since 2007 by Kenya’s Safaricom with its M-Pesa platform – can include more people into the economy in Africa

ENGIE to fuel first buses with compressed natural gas in Cote d’Ivoire

12-17-2018 | 11:06:03
Cote d’Ivoire has unveiled a fleet of buses commissioned by the Société des Transports Abidjanais (SOTRA), supplied by IVECO and fuelled by compressed natural gas. ENGIE.

[South Africa] Eskom, Agence Française de Dévelopement sign loan agreement

12-17-2018 | 10:57:37
Eskom and the Agence Française de Développement (AFD) have signed a € 90 million loan agreement to support the electricity utility’s investments.

Angola joins the forum of gas exporting countries

12-17-2018 | 10:52:43
Angola has been admitted as an observer member of the Forum of Gas Exporting Countries.

South African government launches $140 million fund for startups

12-17-2018 | 10:48:42
South African government has launched a $140 million fund to help small business start-ups that are geared towards creating employment opportunities.

[Ghana] Emergent Technology acquires InterPay Africa

12-17-2018 | 10:41:34
Emergent Technology Holdings LP, a global financial technology company has acquired Interpay Africa, a payments processor based in Ghana.

East African bloc commits to make regional trade cheaper, faster and simpler

12-14-2018 | 15:19:14
Burundi, Kenya, Rwanda, the United Republic of Tanzania, and Uganda have agreed to make trade between them and with other countries cheaper, faster and simpler.

Afreximbank launches $1 billion programme to promote Nigeria-Africa trade

12-14-2018 | 15:15:22
The African Export-Import Bank (Afreximbank) has signed an agreement with the Nigerian Export Promotion Council and, launching a $1-billion Nigeria-Africa Trade and Investment Promotion Programme.