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, 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 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.
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
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.
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 has announced its investment in Afrilife, a Tanzania-based producer of organic honey and bee products.
Esoko, a Ghanaian technology firm, is empowering farmers to get better prices for their products, one text message at a time.
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.
The Nairobi Securities Exchange (NSE), has launched an incubation and acceleration board called Ibuka.
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.
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.
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
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.
Eskom and the Agence Française de Développement (AFD) have signed a € 90 million loan agreement to support the electricity utility’s investments.
Angola has been admitted as an observer member of the Forum of Gas Exporting Countries.
South African government has launched a $140 million fund to help small business start-ups that are geared towards creating employment opportunities.
Emergent Technology Holdings LP, a global financial technology company has acquired Interpay Africa, a payments processor based in Ghana.
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.
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.