News

[South Africa] Prudential Authority imposes administrative sanctions on Bidvest Bank

03-19-2019 | 08:59:00
The Prudential Authority has imposed administrative sanctions on Bidvest Bank for non-compliance with the provisions of the Financial Intelligence Centre Act 38 of 2001, as amended (FIC Act).

Turkish Cargo appoints Peacock Aviation as sales agent in Nigeria

03-19-2019 | 08:56:00
Nigeria’s airfreight sub-sector is set for a major boost as Peacock Aviation and Allied Services teams up with Turkish Airlines Cargo to deliver efficient and on-time cargo services.

Africa Energy announces 3D seismic program offshore South Africa

03-19-2019 | 08:32:00
Africa Energy has announced the start of a new 3D marine seismic acquisition program over the Paddavissie Fairway on Block 11B/12B offshore South Africa.

[Kenya] M- Akiba lists on NSE with 79% subscription rate

03-19-2019 | 08:02:59
The Capital Markets Authority (CMA) has approved the listing of the MAkiba Retail Infrastructure Bond – Issue No. MAB2/2017/3 Re-open 1, on the Nairobi Securities Exchange (NSE) reporting a 79% subscription rate.

Egypt, Denmark collaborate to develop clean power in country

03-19-2019 | 07:46:00
Egypt is working with the Danish Energy Agency to develop more renewable energy in the North African country.

Standard Bank South Africa implements a new banking delivery model

03-19-2019 | 07:29:21
Standard Bank is realigning its retail and business banking delivery model to the changing needs of customers amid rapid adoption of digital banking products and services.

South Africa companies to seek trade and investment opportunities in Ghana

03-19-2019 | 07:11:00
Twenty-seven South African companies will get an opportunity to explore trade and investment opportunities in Ghana when they participate in an Outward Trade and Investment Mission from 24-30 March 2019.

GreenTec Capital Africa Foundation launches to promote investment into African entrepreneurship

03-19-2019 | 06:44:00
GreenTec Capital Africa Foundation has launched its activities in Europe and in Africa to promote investment in African entrepreneurship with the goal of driving the creation of economic and social added-value.

Uganda Revenue Authority and TradeMark East Africa sign deal to support women traders

03-19-2019 | 06:28:19
Vibrant sustainable economies require the full inclusion and participation of all citizens and especially women, a joint statement by Uganda Revenue Authority (URA) and TradeMark East Africa (TMEA) says.

[South Africa] Internet Solutions launches integrated voice service for Microsoft teams

03-19-2019 | 06:25:29
South Africa technology company Internet Solutions has unveiled integrated enterprise voice service for Microsoft Office 365 Teams.

Kenya Airways, Alitalia sign codeshare agreement

03-19-2019 | 06:19:02
Kenya Airways and Alitalia, the flag carrier of Italy, have signed a codeshare agreement to offer enhanced connections to Europe through Rome.

Maroc Telecom and Millicom sign agreement for acquisition of Tigo Chad

03-19-2019 | 06:14:35
Maroc Telecom has announced that it has signed an agreement with Millicom to acquire the entire share capital of its subsidiary Tigo Chad.

Afreximbank makes a case for factoring to ease access to financing for African SMEs

03-19-2019 | 06:07:51
The African Export-Import Bank (Afreximbank) has made the case for factoring as a viable and sustainable solution to address the challenge of access to financing.

[Nigeria] Access Bank, Diamond Bank get green light from CBN to merge

03-18-2019 | 15:42:00
Access Bank and Diamond Bank say the Central Bank of Nigeria and the Securities and Exchange Commission have given them the final approval to merge.

AfDB, Portugal and Mozambique sign MOU for private sector development

03-18-2019 | 15:26:00
The African Development Bank and the governments of Mozambique and Portugal have signed a Mozambique-specific Memorandum of Understanding for the implementation of the Lusophone Compact.

Nissan to cooperate with Egyptian government to develop local auto industry

03-18-2019 | 15:15:00
Nissan Motor Corporation has made known its desire to consolidate its presence in the Egyptian market and cooperate with the Egyptian government in carrying out its ambitious plans for the development of the local auto industry.

[Ghana] President assents to Civil Aviation Amendment Bill

03-18-2019 | 15:06:00
President Nana Addo has assented to the Ghana Civil Aviation (Amendment) Bill to become Act 985 (2019).

New digital visa application tool 'Access UK' launches in South Africa

03-18-2019 | 15:05:11
Through Access UK, customers are now able to book their visa application centre appointment, scan and upload their supporting documentation from the comfort of their own home.

Marriott International launches Four Points by Sheraton in Algeria

03-18-2019 | 14:59:34
Marriott International has announced the opening of Four Points by Sheraton Setif in Algeria in partnership with Prombati SPA owned by Mr. Rachid Khenfri.

41billion barrels of crude oil remain untapped in SSA region - NNPC chief

03-18-2019 | 08:28:06
The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, has stated that more than 41billion barrels of crude oil and 319trillion cubic feet of gas are yet to be discovered in Sub-Saharan Africa.