The Federal Government in Nigeria will soon start sourcing foreign exchange (forex) from Dangote Group, as soon as the latter's refinery, petrochemicals and fertilizer projects come on stream.
[South Africa] Naspers to separately list MultiChoice and unbundle its shares to Naspers shareholders
Naspers has announced of its intention to list its video entertainment business separately on the JSE as MultiChoice Group and simultaneously unbundle its shares in this business to Naspers shareholders.
Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group, has appointed Ms. Arunma Oteh to its Board of Directors as a Non-Executive Director.
Egypt and Tunisia have signed a working program to exchange expertise in the fields of sea fishing and fish farming for 2019/20.
IFC, a member of the World Bank Group, has announced an advisory agreement with the Government of Mauritania to improve the business environment and strengthen entrepreneurship in the country.
Angola will join the platform of the Single Window of External Trade from 2021, with a view to facilitating the movement of goods at the borders.
International tourist arrivals to Africa grew seven per cent above the world average in 2018, report
Africa and Middle East Middle East grew above the world average while Asia and the Pacific and Europe grew at 6%; 2018 totaled 1.4 billion international tourist arrivals.
Sanlam Group has appointed Mr Sydney Mbhele as the Chief Executive for Brand, with effect from 01 April 2019.
Bank customers in Kenya have not yet warmed up to the idea of robots and artificial intelligence and would rather have humans handle their customer service needs.
Export-Import Bank of India, Exim Bank, has, on behalf of the Government of India, extended a Line of Credit, LOC, of $95 million for procurement of railway rolling stock.
Barrick Gold Corporation, owners of the Lumwana copper mine, says it is continuing to engage with the Zambian government and community stakeholders about a mutually-beneficial way forward for the operation.
“Egypt is an attractive and competitive location for production and supporting logistics. With the planned local assembly we are confident to be able to expand our market position."
Helios Towers has signed an agreement with the South African tower company, SA Towers, whereby the Group will acquire a controlling interest in the business of SA Towers and fund the business’s future rollout.
Safaricom enterprise customers can now access a wide range of security solutions to protect their information technology (I.T) systems.
President Cyril Ramaphosa has signed into law three 2018 tax bills that give legislative effect to the tax proposals announced by the Minister of Finance in last year’s annual National Budget Speech.
The number of mobile money subscribers rose by 4.7 per cent during the third quarter of last year as telecommunication operators intensified their competition amid changing market sentiments.
Victoria Commercial Bank (VCB), Kenya has gone live with an Appzillon-based omni-channel corporate banking solution to cater to the ever dynamic needs of their tech savvy corporate clients.
Vivo Energy Côte d'Ivoire is strengthening its presence in the Ivorian market with the opening of a new Shell service station in the Municipality of Taabo.
AGCO launches innovative Farm in a Box initiative for Africa taking farm mechanization into rural communities
AGCO, Your Agriculture Company, a worldwide manufacturer and distributor of agricultural equipment, has unveiled its pioneering Farm in a Box (FIAB) initiative for Africa.
Cross network mobile money transfers were done about 2.2 million times between May and December last year.