News

Shareholders grant approval for FCMB HoldCo structure

12-17-2012 | 14:44:19
Shareholders of First City Monument Bank (FCMB) Plc. have given their approval to the scheme of arrangement by the bank to form a holding company (HoldCo) ...

Alcatel-Lucent and Tunisiana will build new superfast, high-capacity network to provide broadband services across Tunisia

12-17-2012 | 13:53:25
Tunisiana,Tunisia’s largest provider of wireless communications services, and Alcatel-Lucent have announced a four-year agreement to build a wireline broadband ...

Ghana To Benefit From EU Fund

12-17-2012 | 09:50:36
Ghana is to benefit from an European Union fund of 9.5m Euros to build 320 houses for farmers who cultivate banana in the country.The project is under ...

Apex Bank develops loan protection scheme for rural banks

12-17-2012 | 09:23:37
Mr Duke Osam-Duodu, Acting Managing Director of ARB Apex Bank, on Friday announced that the bank has introduced a new product known as 'Loan Protection ...

New ECOBANK Group boss hints of plans to acquire another bank in Ghana

12-17-2012 | 09:18:54
The new group Chief Executive of ECOBANK, Thiery Tanoh has indicated that the institution has plans of acquiring another bank in Ghana.The parent company ...

Interbank ATM usage records high turnout

12-17-2012 | 09:14:12
Ghana Interbank Payment and Settlement Systems (GhIPSS) has said the customers’ use of the ATMs of other banks following the launch of the shared ATM platform ...

USAID to Disburse Sh6 Billion for Horticulture

12-17-2012 | 05:52:20
THE horticulture sector in Tanzania has received a shot in the arm of 6.4bn/- (US 4 million dollar) grant from the United States Agency for International ...

AfDB Launches U.S. $1.6 Million Grant Project in Sudan

12-17-2012 | 05:42:35
The African Development Bank and the Government of Sudan launched a project on Capacity Enhancement for Debt Management and Resource Mobilization (CEDMRM). ...

Vodacom LTE rollout reaches Cape Town, SA

12-14-2012 | 14:25:47
In the two months since Vodacom launched commercial LTE (commonly known as 4G) services in South Africa, the number of LTE enabled base stations has grown ...

Oando Energy Resources Expects Production Restart in two weeks in the Ebendo Field

12-14-2012 | 14:24:29
Oando Energy Resources Inc., a company focused on oil exploration and production in Nigeria, has announced an update regarding the damaged 10 inch Kwale-Akri ...

Samsung Learning Hub expands device footprint

12-14-2012 | 14:23:15
Following the successful local launch last month of its Learning Hub, Samsung Electronics has announced that this innovative multimedia learning environment ...

PetroSA Appoints WorleyParsons to Design New LNG Import Facility in Mossel Bay

12-14-2012 | 14:21:52
PetroSA has contracted WorleyParsons to conduct both the feasibility study and Front- End Engineering Design (FEED) of a new Liquid Natural Gas (LNG) import ...

Etisalat Reiterates its Commitment to Quality Services at Customer Forum in Lagos

12-14-2012 | 14:20:37
Nigeria’s most innovative and fastest growing telecommunications company, Etisalat, has restated its commitment to customer satisfaction through provision ...

Equal Opportunities for Children Linked To Economic Growth in Zambia

12-14-2012 | 14:19:23
The World Bank has announced that Zambia’s economy is expected to grow by 7.3 percent in 2012, slightly higher than the 6.8 percent growth rate of 2011. ...

Effective Social Safety Nets: World Bank Shares Global Experience with Egypt

12-14-2012 | 14:18:20
The need to develop a more efficient, equitable and sustainable social safety nets was one of the main highlights of a regional event convened by the World ...

Another Satellite Internet First from Vox Telecom

12-13-2012 | 13:29:23
YahClick, the satellite internet service from Vox Telecom, was the first Ka-band satellite broadband service to launch in South Africa. It has changed ...

PetroSA’S Ikhwezi Project helps a small Cape Town Company Realize Dream of Owning Metallurgical Testing Lab

12-13-2012 | 13:27:22
One of the positive spin-offs of PetroSA’s Project Ikhwezi is a new metallurgical testing laboratory for One Eighty Degrees, a Western Cape-based company ...

Etisalat Highlights the Importance of Effective Deployment Of Infrastructure For 4G Networks in Africa

12-13-2012 | 13:26:32
Etisalat Nigeria’s Head, Turnkey Rollout of the Engineering and deployment department, Mr. Valentine Amadi has highlighted the need for telecommunication ...

World Bank Managing Director for Africa to Visit Niger

12-13-2012 | 13:25:13
The World Bank’s Managing Director for Africa, Sri Mulyani Indrawati will travel to Niger on December 13-14, 2012 to consult with government officials ...

Dangote kits 9,000 Children for Calabar Festival

12-13-2012 | 13:24:18
Dangote Group has elected to be the sole sponsor of the 2012 Calabar Children carnival and has provided the outfit for the children and officials participating ...