News

UBA Plc Raises N20bn Tier2 Capital

10-05-2010 | 11:31:56
United Bank for Africa, one of Africa’s leading financial services institutions has successfully raised a total of N20billion of Tier 2 capital in the ...

VODAFONE GHANA OUTSOURCES TOWER MANAGEMENT TO EATON TOWERS - Co-location deal reduces costs, improves and widens coverage with $80m investment

10-05-2010 | 11:30:25
Eaton Towers, the African tower company, has signed a 10 year contract to take over the operations and co-location management of 750 telecom towers for ...

AfDB, IFC and Citi Join Efforts to Support African Trade

10-05-2010 | 11:29:14
The African Development Bank (AfDB) Group, Citigroup and International Finance Corporation (IFC), a member of the World Bank Group, have agreed to provide ...

IFC Invests in Fund to Support Growth in the Middle East, North Africa, Turkey

10-05-2010 | 11:27:45
IFC, a member of the World Bank Group, announced today that it is investing in the Intaj Capital II fund, a $300 million fund that will invest in businesses ...

PwC repositions brand globally - New brand simplifies name, emphasizes value creation and relationships

10-05-2010 | 11:05:39
PricewaterhouseCoopers (PwC) has repositioned its brand to reaffirm its commitment to its clients and stakeholders. PwC is synonymous with excellence ...

IFC Launches Program to Increase Access to Education in Uganda

09-30-2010 | 12:41:11
  IFC, a member of the World Bank Group, today launched the Africa Schools Uganda Program to support improvements to private secondary and tertiary ...

Ethiopian Airlines Accepted as Future Star Alliance Member Carrier

09-30-2010 | 12:39:54
Star Alliance, the way the Earth connects, today announced that the Chief Executive Board (CEB) has unanimously approved the application of Ethiopian ...

Mponua Rural Bank rakes in over GH¢60,000 as profit

09-30-2010 | 12:38:50
The Mponua Rural Bank at Amuana Praso in the Birim North District made a net profit of GHc 60,104 last year after plunging into a loss of GHc 20,118 ...

Development Economics Needs to Better Help Policymakers, Zoellick Says

09-30-2010 | 12:33:58
World Bank Group President Robert B. Zoellick today urged a rethink of development economics to make it more useful to policy makers and announced a ...

Cairo Hosts a Regional Technical Meeting of Infrastructure Regulators

09-28-2010 | 12:58:17
Cairo today hosted the first technical meeting of Regulators for MENA Region’s Infrastructure Regulatory Forum to enable regulators to share information ...

World Bank Study Urges Air Services Liberalization to Promote Safety and Development in Africa

09-28-2010 | 12:56:49
African countries can improve air safety and promote their own economic growth and development prospects by putting into practice commitments they have ...

Gambia / Fisheries and aquaculture key in achieving CAADP goals

09-28-2010 | 12:55:29
Ministers, experts and development partners who have been attending the first Conference of African Ministers for Fisheries and Aquaculture (CAMFA) in ...

Durban’s integrated station leads the way

09-28-2010 | 12:50:50
Durban’s Bridge City Station, a new railway station being built under the R5bn Bridge City shopping, commercial and residential development situated ...

Riversdale- Zambeze Coal Project in Mozambique to produce hard coking coal

09-28-2010 | 12:48:06
Riversdale Mining Limited (ASX: RIV) announces results from the first coke tests for the Zambeze Coal Project (EPL 946L) in Mozambique. • CSR results ...

Developing Countries Come to the Global Economy’s Rescue

09-27-2010 | 12:12:59
While the rich world puts its house in order, developing countries are becoming a new engine of global growth and a pulling force for advanced economies, ...

ECA to train experts on how to achieve macroeconomic policy convergence in East and North Africa

09-27-2010 | 12:11:38
ECA to train experts on how to achieve macroeconomic policy convergence in East and North Africa About 40 experts from various ministries of finance and ...

IFC Estimates it can Help Mobilize an Initial $1000 million in Kenya’s Sustainable Energy Market

09-27-2010 | 12:09:39
IFC, a member of the World Bank Group, said today it can help mobilize an estimated $1000 million for sustainable energy projects in Kenya over the next ...

SAFARICOM UNVEILS SH150 MILLION SUBSCRIBER BONANZA

09-27-2010 | 12:08:12
Kenya’s leading telecoms operator Safaricom has today launched a massive promotion for all its subscribers that will see them bag prizes worth Sh150 ...

Fidelity is Nigeria's Most Socially Responsible Bank

09-27-2010 | 12:04:35
Fidelity Bank Plc has been declared the Most Socially Responsible Bank in Nigeria. The bank clinched the enviable position ahead of rivals at the 4th ...

Nestlé backs Millennium Villages Project with USD 400,000 boost

09-23-2010 | 11:13:35
Nestlé pledges USD 400,000 (over CHF 397,000) to support food and nutrition initiatives as part of the Millennium Villages Project. The two-year funding ...