News

AfDB Injects USD15 million Equity into African Trade Insurance Agency to support African Trade and

07-26-2012 | 11:12:47
The Board of Directors of the African Development Bank (AfDB) has approved recently a USD15 million equity investment in the African Trade Insurance Agency ...

Kenya Airways April to June 2012 Operating Results

07-26-2012 | 11:11:44
The company put into the market place capacity totaling 3,363m seat kilometers which was at par with last year’s level. There were compensating changes ...

AfDB Stands Ready to Support African Countries in Establishing Continental-Free Trade Area by 2017

07-26-2012 | 11:09:57
The African Development Bank (AfDB) stands ready to assist African countries in implementing the physical infrastructure needed for the establishment of ...

Dangote Group to Recruit 2,000 into Drivers’ Academy

07-26-2012 | 11:08:13
In line with its policy to create opportunities for gainful employment for jobless youths in the country, Dangote Group is set to recruit about 2,000 Nigerians ...

Ecobank and Banco Espírito Santo enter into alliance on Africa trade and investments

07-26-2012 | 11:00:34
Portugal’s third largest commercial bank, Banco Espírito Santo (‘BES’) and the Ecobank Group, the leading pan-African banking group with a presence in ...

South African Olympic Team predicted to win four medals at 2012 London Olympic Games, according to PwC economics briefing paper

07-26-2012 | 10:36:44
“Economic size matters in medal tally – but David can still beat Goliath,” say PwC economists The South African Olympic team is predicted to win four ...

Tullow Oil - 2012 half-yearly results

07-26-2012 | 10:30:53
Record first half revenue and profits Exploration success continues with major discovery in Kenya Jubilee production issues being successfully resolved Tullow ...

Ethiopian First Dreamliner Clad in Ethiopian Livery

07-26-2012 | 10:24:18
               Ethiopian, the fastest growing airline in Africa, is pleased to announce that its Boeing 787 Dreamliner is painted in Ethiopian livery ...

The President of Ghana, John Evans Atta Mills Passes On - John Mahama Sworn-in

07-26-2012 | 10:05:08
It is with a heavy heart and deep sorrow that we announce the sudden and untimely death of the President of the Republic of Ghana - His Excellency Prof. ...

Ajax Cape Town meets with Didier Drogba at Manchester United Premier Cup 2012 in Shanghai

07-25-2012 | 12:42:45
            The Ajax Cape Town under 15 Team, participating in the Manchester United Premier Cup 2012 in Shanghai, China, has met with Ivorian football ...

World Bank to Support Nigeria’s Final Push to Eradicate Polio

07-25-2012 | 11:01:11
The World Bank’s Board has approved an International Development Association (IDA)* credit of US$95 million for the Nigeria Polio Eradication Support Project, ...

Statement Attributable to the Spokesperson for the Secretary-General on the Death of President John Atta-Mills of Ghana

07-25-2012 | 10:49:25
The Secretary-General is saddened by the death of H.E. John Atta Mills, President of the Republic of Ghana. He offers his heartfelt condolences to the ...

Dunn Loren Merrifield Wins Award As Best Debt House In Nigeria

07-25-2012 | 10:48:14
At the 9th prestigious Nigerian Investment Banking League Awards, Dunn Loren Merrifield (DLM) won the award for the Best Debt House 2011, in recognition ...

Shell Signs New Upstream Deals with CNOOC and CNPC

07-25-2012 | 10:46:57
Shell announces today that it has signed two offshore oil and gas Production Sharing Contracts (PSCs) with CNOOC, and a PSC amendment with CNPC for a new ...

Nigeria Signs Memorandum of Understanding with Vulcan Petroleum Resources

07-25-2012 | 10:45:53
The Nigerian government has signed a Memorandum of Understanding with US firm Vulcan Petroleum Resources and Nigeria’s Petroleum Refining and Strategic ...

Microsoft Announces New Technology tailor-made for SMEs

07-24-2012 | 11:17:01
Microsoft’s newest cloud service, Office 365, brings affordable cutting edge technology to thousands of Kenyan businesses. Nairobi, East and Southern ...

Africa Oil Signs Farmout with Marathon Oil

07-24-2012 | 11:16:02
Africa Oil or the "Company" is pleased to announce that it has signed a definitive farmout agreement with Marathon Oil Corporation ("Marathon Oil") ...

Africa Oil Provides Shabeel North Drilling Update

07-24-2012 | 11:14:57
Africa Oil Corp. ("Africa Oil" or the "Company") provides the following update on the Shabeel North well in Puntland, Somalia which is being drilled ...

Main One Cable Introduces Global Video Connect

07-23-2012 | 11:58:59
Tata Communications’ Video Connect network extends into Nigeria via Main One. Nigeria point-of-presence connects key media hotspots in Africa with the ...

Air Nigeria staff reaffirms loyalty and backs immediate recommencement of domestic and regional operations

07-23-2012 | 11:53:49
Following series of meetings between board, management & employees over the last few weeks, employees of Air Nigeria have reaffirmed their loyalty ...