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30-10-2014 23:52:00 | by: Administrator | hits: 29317359 | Tags:

[Nigeria Business Week] Andrea Ayemoba: Telecoms slide into banking, Central Bank ups interest rates
26-05-2022 | 12:45:00
The last few days have shown us developments and setbacks, statistics that show growth on the one hand and room for improvement on the other.
AfricInvest FIVE joins mobility fintech Moove’s latest US$105m Series A2 funding round
26-05-2022 | 10:29:00
AfricInvest, a leading investment platform in Africa, is joining mobility fintech Moove’s latest US$105 million Series A2 equity and debt financing round through its Inclusion Vehicle (AfricInvest FIVE).
WPO supports the creation of ‘NaijaStar’, the packaging award from Nigeria
23-05-2022 | 12:53:10
WPO, the Institute of Packaging Professionals Nigeria launched the first edition of ‘NaijaStar Awards for Packaging Excellence’ during the graduation ceremony of the one year Diploma in Packaging Technology course, in Lagos.
ACNOA et APO Group annoncent un partenariat pour faire progresser le Mouvement Olympique en Afrique
23-05-2022 | 12:01:00
ACNOA et APO Group ont annoncé aujourd'hui un partenariat stratégique pluriannuel qui apportera une plus grande visibilité internationale au Mouvement Olympique Africain.
ANOCA and APO Group announce strategic, multi-year partnership to advance the Olympic Movement in Africa
23-05-2022 | 11:45:00
The Association of National Olympic Committees of Africa (ANOCA) and APO Group, announced a strategic, multi-year partnership that will bring greater international prominence to the Olympic Movement in Africa.
Airtel launches Nigeria payment service bank unit SmartCash PSB
23-05-2022 | 09:07:14
SmartCash PSB joins 9PSB, the payments subsidiary of telecom firm Etisalat, as the second telco-run PSB to launch in Africa’s largest economy.
[Nigeria Business Week] Andrea Ayemoba: Clean energy gets funding amid inflation and trade deficits
19-05-2022 | 12:14:00
Oil and Gas has been a pillar supporting the Nigerian economy for a very long time. Rich in this natural resource, Nigeria may be guilty of neglecting other promising sectors, like Agriculture and even Insurance.
Kuramo Capital s'engage à verser 10 millions de dollars à Uhuru Fund I
19-05-2022 | 09:02:00
L'aide apportée au Uhuru Growth Fund offre aux GP et aux entrepreneurs la possibilité d'accéder à des capitaux institutionnels, ainsi que de développer une empreinte mondiale et une connaissance approfondie de la région ouest-africaine.
Kuramo Capital makes US$10 million commitment to Uhuru Fund I
19-05-2022 | 08:49:00
The support to Uhuru Growth Fund includes opportunities for GPs and entrepreneurs to access institutional capital, as well as develop a global footprint and deep understanding of the west African region.
[Nigeria] Oyo Diocese gets microfinance bank approval 
17-05-2022 | 12:39:06
This gives access to individuals and businesses for useful and affordable financial products and services that meet their needs  transactions, payments, savings, credit, and insurance  delivered in a responsible and sustainable way.
Yiling Pharmaceutical receives medicine approval for Lianhua Qingwen Capsules in Nigeria
17-05-2022 | 11:18:00
Yiling Pharmaceutical, a company that develops, manufactures, and sells Chinese patent medicine, announced it has received the medicine approval document for Lianhua Qingwen Capsules from the NAFDAC, Nigeria.
NIPOST partners with Lleida.net to distribute registered electronic communications in Nigeria
17-05-2022 | 11:03:00
The Nigerian Postal Service (NIPOST) has engaged Lleida.net, to send all its registered electronic communications. The agreement, which takes effect immediately, is part of the company's growing expansion plan in Africa.
Barrows develops new International Airport Business Hotel in Lagos, Nigeria
16-05-2022 | 15:31:00
Barrows Hotel Enterprises, the provider of hotel investment and advisory services for hotels in the Middle East and Africa, is developing a new 4-star International Airport Business Hotel in Lagos Nigeria.
[Nigeria] Ventures Platform appoints Dr. Dotun Olowoporoku as New Venture Partner
16-05-2022 | 13:26:00
Less than 6 months after the first close of its $40m fund, pan-African VC firm, Ventures Platform is announcing the appointment of a new Venture Partner - Dr. Dotun Olowoporoku.
Access Corporation unlocking new opportunities for intra- and inter- Africa trade
16-05-2022 | 12:07:16
Access Holdings Plc; trading as Access Corporation (“the Corporation”) announced its start of operations, with initial portfolio companies and its future strategy.
Access Bank moves to dominate Agency Banking
16-05-2022 | 11:49:00
Access Bank in its bid to enhance financial inclusion has noted its intentions to significantly increase its customer base and deepen wallet share of the banking population riding on its agency banking platform.
Credo to host Africa’s first social payment Hackathon
16-05-2022 | 11:40:00
Credo, Africa’s pioneer social payment platform will be hosting a social payment hackathon, the first of its kind in Nigeria,16th May – 21st May 2022.
TINGO and MICT announce execution of definitive merger agreement
16-05-2022 | 09:37:59
The merger would create an over $900 million annual revenue and highly profitable Nasdaq-listed Fintech and Agri-Fintech company serving the African and Asian markets.
[Nigeria Business Week] Andrea Ayemoba: Digitization set to penetrate capital market, investment
13-05-2022 | 11:52:00
Given the economic situation spreading across the globe in the last couple of years, it is with some optimism we can take the modest increase in Nigeria’s GDP.
MTN, Mafab Communications set to commence 5G rollout in Nigeria
12-05-2022 | 13:05:00
MTN Nigeria and Mafab Communications will start the rollout of 5G technologies on August 24. This was announced the Nigerian Communications Commission while issuing final letters of license awards to the two operators.
Decklar Resources commences shipment of crude oil to market from Oza oil field in Nigeria
10-05-2022 | 16:03:55
Decklar Resources announced the commencement of the shipment of crude oil via trucks from the Oza Oil Field to the UPIL crude handling facilities.
[Nigeria] ROAM Jobs rebrands to The African Talent Company
10-05-2022 | 12:35:47
Leading recruitment marketplaces have announced their new identity, coming together and rebranding as The African Talent Company under the leadership of Hilda Kabushenga Kragha.
Nigerian healthtech startup 54gene completes initial phase of 100K genome project
10-05-2022 | 12:23:59
54gene, the health technology company advancing African genomics research for improved global health outcomes, has through its non-profit initiative, completed its first consortium-led publication on over 100,000 Nigerians.
[Nigeria] B2B eCommerce platform TradeDepot appoints Chidi Akubuiro as Managing Director for West Africa
09-05-2022 | 11:12:00
TradeDepot, a B2B eCommerce and embedded finance platform in Africa, has appointed former Coca Cola HBC and Hayat Kimya Nigeria Executive, Chidi Akubuiro as its Managing Director for West Africa.
[Nigeria] NSE migrates four companies from ASeM to Growth Board
09-05-2022 | 10:07:40
The Nigerian Stock Exchange (NSE) announced the migration of Chellarams , Living Trust Mortgage , McNichols , and The Initiates from the Alternative Securities Market (ASeM) to the Growth Board.
IFC and Union Bank partner to boost access to trade finance in Nigeria
09-05-2022 | 10:07:36
IFC, a member of the World Bank Group, has announced a finance guarantee facility to Union Bank to boost access to finance for local business, enable increased international trade for Nigeria and help protect the country’s economy.
[Nigeria] NCC counts gains of MTN listing on NSE
09-05-2022 | 10:07:32
The regulatory action taken by the Nigerian Communications Commission (NCC) to facilitate the listing of MTN Nigeria on the country’s stock exchange market has continued to bring economic gains to Nigeria.
[Nigeria] NSE enhances fixed income securities market segment, revises trading fee
09-05-2022 | 10:07:31
In line with its ambition to support Nigeria’s economic growth by providing a liquid, efficient, and multi-asset securities exchange hub, NSE enhanced its Fixed Income Securities market segment as well as the associated benefits to trade execution.
[Nigeria] GTBank reports Profit before Tax of ₦167.4b in Q3
09-05-2022 | 10:07:31
Nigeria's Guaranty Trust Bank (GTBank) released its unaudited financial results for the period ended September 30, 2020 to the Nigerian and London Stock Exchanges, reporting Profit before Tax of ₦167.4 billion.
Heirs Holdings $1.1bn OML 17 deal demonstrates renewed confidence in Nigerian economy
09-05-2022 | 10:07:27
The investment of over $1billion by Heirs Holdings in the acquisition of the strategic OML 17 from Shell, ENI and Total, has been described by various analysts as a very positive affirmation of confidence in the robustness of the Nigerian economy.
Nigerian mobility startup MAX.ng partners with DLM Capital to transform transportation finance in Africa
09-05-2022 | 10:07:25
Metro Africa Xpress, a mobility platform in Nigeria and West Africa, announced the successful issuance of a ₦400m 1-year fixed-rate notes under its newly structured ₦10bn/$22m Private Company Bond program.
Ecobank Nigeria announces pricing of its Senior Unsecured $300 million bond
09-05-2022 | 10:07:24
Ecobank Nigeria, a wholly owned subsidiary of pan-African banking giant, Ecobank Transnational Incorporated, the parent company of the Ecobank Group, has announced that it has successfully priced its $300 million bond issuance maturing in February 2026.
[Nigeria] Green Africa and FCMB ink financial deal to boost air travel
09-05-2022 | 10:07:22
Green Africa, Nigeria's Lagos-based value airline, has formed a strategic partnership with First City Monument Bank (FCMB), a financial institution in Nigeria.
CDC, Nigeria Sovereign Investment Authority partner to strengthen collaboration
09-05-2022 | 10:07:20
CDC Group, UK’s development finance institution and impact investor signed a memorandum of understanding with the Nigeria Sovereign Investment Authority to facilitate long-term inclusive growth.
Access Bank commissions Oniru road project in partnership with Lagos State Government, Nigeria
09-05-2022 | 10:07:16
As part of efforts to ensure a hitch-free movement around the Victoria Island, Lekki Axis, Access Bank commissioned its Oniru road project with the Executive Governor of Lagos State, Babajide Sanwo-Olu.
ARM launches API service for fintech startups in Nigeria
09-05-2022 | 10:07:10
Nigeria's financial services provider ARM launched ARM Sandbox, a new and more efficient way for fintechs to scale their integration and customer acquisition plans.
[Nigeria] Mastercard, NetPlusDotCom and Innovectives partner to enable MSMEs accept digital payments
09-05-2022 | 10:07:08
Mastercard, NetPlusDotCom and Innovectives have announced a milestone in their partnership to provide micro, small and medium-sized enterprises (MSMEs) in Nigeria with digital payment tools.
Afreximbank disburses $200 million to Zenith Bank Nigeria to cushion impact of COVID-19
09-05-2022 | 10:07:04
African Export-Import Bank (Afreximbank) has disbursed $200 million to Zenith Bank Plc Nigeria under its Pandemic Trade Impact Mitigation Facility (PATIMFA).
[Nigeria] FCMB reduces interest on all consumer loan products
09-05-2022 | 10:06:59
Nigeria's First City Monument Bank (FCMB) announced the reduction of interest rates on all consumer loan products, offering customers the opportunity to restructure tenure for repayment
Nigeria increases stake in Shelter Afrique, commits $29.3m in additional capital
09-05-2022 | 10:06:55
Pan African housing development financier Shelter Afrique has received $9.4 million from the Federal Republic of Nigeria, being the first tranche of the $29.3 million the country has committed in additional capital subscription.
Adeolu Adewumi-Zer appointed MD/CEO of Allianz Nigeria
09-05-2022 | 10:06:53
Adeolu Adewumi-Zer, currently the Regional Head of Mergers, Acquisitions and Transformation for Allianz Africa, has been nominated as the MD/CEO of Allianz Nigeria.
[Nigeria] Access Bank appoints Hassan M.T. Usman as Independent Non-Executive Director
09-05-2022 | 10:06:52
Access Bank announced the appointment of Mr. Hassan M.T Usman, FCA as an Independent Non-Executive Director of the Bank following the approval of the Central Bank of Nigeria.
[Nigeria] NSE appoints new Product Advisory Committees
09-05-2022 | 10:06:46
The Nigerian Stock Exchange (NSE) announced the appointment of its cycle two Product Advisory Committees (Committees) across different product lines - Equities, Fixed Income, Exchange Traded Funds (ETFs) and Derivatives.
United Bank for Africa provides $200 million for Nigeria’s petroleum industry
09-05-2022 | 10:06:44
The United Bank for Africa Plc (UBA) has acted as Facility Agent Bank for the Nigerian Commercial Banks in a consortium with other international banks in a $1.5 Billion Pre-Export Finance Facility for the Nigerian National Petroleum Corporation.
IFC supports Nigeria’s plastics packaging and recycling industries
09-05-2022 | 10:06:43
IFC announced a financing package to help Engee Manufacturing, a leading Nigeria manufacturer of PET resin to build a Continuous Polymerisation PET Resin plant in Ogun state.
[Nigeria] NSE inaugurates Claims Review Panel
09-05-2022 | 10:06:23
In preparation for its imminent demutualisation, the Nigerian Stock Exchange (NSE) inaugurated its Claims Review Panel, pursuant to the provisions of the Demutualisation of The Nigerian Stock Exchange Act 2018.
[Nigeria] NSE announces Chief Executives for its emerging entities
09-05-2022 | 10:06:21
The National Council of The Nigerian Stock Exchange (NSE) announced Chief Executives who will head its operating and non-operating companies upon the completion of its ongoing demutualisation.
[Nigeria] Fidelity Bank announces new board appointments and retirements
09-05-2022 | 10:06:19
Nigeria’s Fidelity Bank has announced new Board appointments in place of some of its outgoing Directors, who recently successfully completed their tenure on the Board in accordance with the Bank’s internal governance policies.
Afreximbank and Credit Suisse complete a $1 billion 3-year syndicated term loan for Nigeria’s Bank of Industry
09-05-2022 | 10:06:16
African Export-Import Bank (Afreximbank) has announced the closing of a $1 billion facility for the Bank of Industry, Nigeria's state-owned development bank.
[Nigeria] NSE revolutionises public offerings subscription with electronic platform
09-05-2022 | 10:06:14
The Nigerian Stock Exchange (NSE) launched X-PO, an online platform for the subscription of public offerings (POs), following the “No Objection” letter received from the Securities and Exchange Commission (SEC).
World Bank boosts Nigeria’s efforts to reduce poverty
09-05-2022 | 10:06:03
The World Bank discussed a new five-year Country Partnership Framework (CPF) from 2021 to 2024 and approved a $1.5-billion package to help build a resilient recovery post-COVID19.
[Nigeria] AM Best affirms credit ratings of Continental Reinsurance
09-05-2022 | 10:06:03
Global credit rating agency AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Continental Reinsurance Plc Nigeria.
WorldRemit delivers USD bank transfers to Nigeria
09-05-2022 | 10:06:02
WorldRemit, a cross-border digital payments service, has launched a service for customers in Nigeria to receive international transfers in their bank accounts in USD.
[Nigeria Business Week] Andrea Ayemoba: An economic overview for Q1
05-05-2022 | 13:39:00
As we have seen over time, when one sectors hits a low point, another is seen hitting high notes. Such is the situation as we’ve seen it lately.
[Nigeria] Trade Tech Firm Norebase Raises $1M in Pre-Seed Round
05-05-2022 | 07:38:00
Norebase, a Nigeria-based trade technology firm announced on Wednesday that it has secured $1M pre-seed funding round.
Juniper Biologics signs exclusive license agreement with Helsinn for infigratinib for the emerging markets
04-05-2022 | 12:42:58
Juniper Biologics Pte Ltd, announced the signing of an exclusive license agreement to develop and commercialise infigratinib (INN) in the Middle East and Africa for the treatment of adults.
Hello Tractor, Heifer International unveil pay-as-you-go tractor financing for agripreneurs in Nigeria
04-05-2022 | 11:13:59
These purchases could make tractors accessible to thousands of smallholder farmers via the increasingly popular Hello Tractor leasing platform.
Talent 4 Startups teams with Moringa to offer scholarships in Software Engineering
04-05-2022 | 10:40:04
Talent 4 Startups is offering fully funded scholarships to study Software Engineering at Moringa.
UNDP and PAGGW team up to green the Sahel for sustainable livelihoods
04-05-2022 | 10:27:22
UNDP and the Pan African Agency of the Great Green Wall (PAGGW) have signed a 5-year MoU to reinforce and operationalise collaboration towards the common goal of contributing to the Great Green Wall Initiative (GGWI) in the Sahel region.
Nigerian Exchange launches West Africas first ETDs Market
04-05-2022 | 09:53:35
The Nigerian Exchange (NGX), announced the launch of West Africa’s first Exchange Traded Derivatives (ETD) Market with Equity Index Futures Contracts.
San Leon Energy announces extension and investment in the Oza field, Nigeria
04-05-2022 | 09:04:00
San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, announced the extension to the timing of its follow-on investment in the Oza oil field in Nigeria.
Ecobank launches Leadership Training Programme to support women-owned businesses across Africa
03-05-2022 | 23:52:00
Ecobank Commercial Banking has launched its Ellevate Leadership Training Programme in partnership with the Global Business School Network (GBSN).
Nigeria, Morocco working to secure funding for gas pipeline project
03-05-2022 | 13:30:00
Nigeria and Morocco are still securing funding for a huge pipeline project that aims to carry Nigeria's gas to North Africa and onto European markets, the country's petroleum minister said on Monday.
MTN Nigeria records decline in subscribers due to SIM card laws, still grows profits
03-05-2022 | 11:30:00
MTN Nigeria reported a year-on-year decline of 1.3 million mobile subscribers down to 70.2 million in its Q1 2022 results as it feels the effects of Nigeria's new laws for SIM registration.
TotalEnergies annonce son intention de céder 10 % de ses actifs à terre et en eaux peu profondes au Nigéria
02-05-2022 | 08:56:00
Entreprise pétrolière française rejoint le mouvement de désinvestissement engagé par les compagnies pétrolières multinationales comme ExxonMobil ou Shell qui avaient annoncé leurs intentions de céder des actifs au Nigéria.
[Nigeria] OnePort 365 secures $5 million Seed Funding to Digitize Freight Management in Africa
02-05-2022 | 08:45:00
Nigeria's digital freight forwarding company OnePort 365 has raised $5 million in seed funding to drive the end-to-end digitisation of freight management in Africa.
Le Nigeria est la priorité numéro un du Plan alimentaire d’urgence pour l’AfDB
01-05-2022 | 21:11:00
Le président de la Banque africaine de développement, a rencontré le président nigérian pour discuter de l’impact de la guerre russo-ukrainienne et de la stratégie de la Banque pour éviter une crise alimentaire en Afrique.
Afreximbank’s Kanayo Awani makes Nigeria women annual’s “100 Leading Women” list
01-05-2022 | 20:31:00
The Managing Director of Afreximbank’s Intra-African Trade Initiative Division, has been named among the 100 outstanding women leaders in Nigeria.
[Nigeria Business Week] Andrea Ayemoba: Telcos break new ground, digital loans gain momentum
28-04-2022 | 13:22:00
Instant loans, sometimes called digital loans, are gaining speed in the country and the telecom sector took some giant steps forward this week.
Worley obtient un contrat pour fournir des services d'ingénierie pour le projet de gazoduc Nigeria-Maroc.
28-04-2022 | 12:41:47
Worley s'est vu attribuer un contrat pour fournir des services d'ingénierie d'avant-projet détaillé (FEED Phase II) pour le projet de gazoduc Nigeria-Morocco (NMGP). L'étude d'ingénierie progresse conformément à la planification initiale du projet.
[Interview] Dan Kwach, Managing Director, Africa Data Centres, Kenya
28-04-2022 | 07:27:00
Dan Kwach is currently the Managing Director - East Africa Region at Africa Data Centres. His role is to lead, direct and execute the sales strategy for the Africa Data Centres' business in the East Africa region.
Worley awarded contract to provide FEED services for Nigeria-Morocco Gas Pipeline project
27-04-2022 | 09:13:59
Worley has been awarded a contract to provide main front-end engineering design (FEED Phase II) services for the Nigeria-Morocco Gas Pipeline (NMGP) project. The engineering study is progressing in accordance with the initial project planning.
[Nigeria] Insurtech startup ETAP secures $1.5 million pre-seed funding to drive car insurance penetration in Africa
25-04-2022 | 15:47:00
ETAP, an insurtech startup that makes it easier to buy and claim insurance, has secured $1.5 million in pre-seed funding to grow its team and drive the adoption of much-needed car insurance across Africa.
DPO Group enables USSD payment option in Nigeria
25-04-2022 | 14:03:00
African digital payments company DPO Group has added a new form of payment that will allow merchants in Nigeria to get paid by their customers via a USSD code.
[Nigeria] Smartphone Sales up 81% YoY in 2021, report
25-04-2022 | 13:40:00
Annual smartphone sales in Nigeria grew 81% YoY in 2021, according to Counterpoint Research’s Global Monthly Handset Sales Tracker.
Broadcast journalist Rufai Oseni launches ‘EUREKA’ column on MyNigeria
25-04-2022 | 11:52:00
Popular on-air-personality, Rufai Oseni, has partnered with MyNigeria.com to launch a weekly column titled EUREKA to inform and enlighten Nigerians.
Google’s Equiano undersea cable lands Nigeria
25-04-2022 | 08:28:00
After successfully landing its Equiano undersea cable in Togo last month, Google has announced that that cable will now land in Nigeria. 
Savannah Energy announces extension of First Independent Power GSA in Nigeria
22-04-2022 | 10:47:00
Savannah Energy announced that Accugas, the Company's 80% indirectly owned subsidiary, has signed an addendum to its existing interruptible gas sales agreement (IGSA) with First Independent Power Limited (FIPL).
Standard Chartered exits several African countries, retains Kenya and Nigeria units
20-04-2022 | 12:18:00
UK banking multinational Standard Chartered ​​​​​​​is exiting five African markets in a strategic review that will leave it with the Kenyan and Nigerian subsidiaries as its most important units in the continent.
[Nigeria] Insurance startup Etap gets $1.5m pre-seed
20-04-2022 | 12:03:00
Only 21% of the 12 million registered vehicles on Nigerian roads have genuine motor insurance, as the rest either have fake certificates - with the owners mostly unaware - or are not covered at all.
IFC partners with Lagos State to expand access to sustainable urban transport in Nigeria
19-04-2022 | 12:07:00
To increase access to public transportation and reduce vehicle emissions in Lagos, Nigeria, IFC has partnered with the Lagos State Government to support the development of two bus corridors in the city.
[Nigeria] Kudi, Africa’s Financial Technology Company, Changes Name to Nomba
18-04-2022 | 08:58:00
African Financial Technology Company Kudi has changed its name to Nomba as it transitions into an omni-channel payment platform providing tools to enable businesses to grow.
FG, EU unveil electric motorcycles for Rural Nigeria
13-04-2022 | 12:53:00
The Federal Ministry of Power has in Lagos launched 10 electric-powered motorcycles manufactured by MAX Nigeria under its Electric Vehicle opportunities in rural and peri-urban communities in Nigeria.
[Nigeria] Airtel launches commercial data centre in Lagos
13-04-2022 | 11:40:00
Nigerian telco giant, Airtel Nigeria has unveiled its state-of-the-art Tier 3 data centre in Lagos State for commercial use.
Google’s Equiano to land in Nigeria in April
13-04-2022 | 11:23:38
“Nigeria is a major landing point for the Equiano cable and the launch of this major milestone is expected to take place in April 2022.″
[Nigeria] Telecom giant MTN cleared to enter banking business
12-04-2022 | 10:44:00
MTN’s Nigeria business has been granted by the Central Bank of Nigeria a licence for MTN's Mobile Money (MoMo) Payment Service Bank in the country.
Nigerian fintech startup ImaliPay closes $3m seed funding to bring financial services to gig workers
11-04-2022 | 08:41:00
Nigerian fintech startup ImaliPay has closed $3 million seed funding round to bring financial services to gig workers.
[Nigeria] MainOne launched new data center in Lagos
11-04-2022 | 04:22:00
Lagos continues to take the lead in growing digital investments across Africa with the recent launch of MainOne’s new Data Center, “Lekki II”.
IFC backs Singapore-based agricultural company Robust’s plans to expand in Nigeria
08-04-2022 | 11:13:00
Singapore's private sector will play a critical role in improving the livelihoods of thousands of smallholder farmers and lowering greenhouse gas (GHG) emissions in Nigeria, following the construction of a new warehouse and processing complex.
Baron & Cabot launches new base in Kenya and Nigeria to expand investment opportunities in Africa
08-04-2022 | 10:26:04
Baron & Cabot, a UK property investment company has launched its new base in Kenya and Nigeria to help Kenyans and Nigerians invest in property within the UK in a simple and effective way.
[Nigeria Business Week] Andrea Ayemoba: FG targets unidentified sim cards, CBN targets non-compliant banks
07-04-2022 | 13:15:00
Events this week have taken an interesting turn – investors have in the last few days demonstrated a lack of confidence in the banking sector, otherwise known for its resilience in the face of economic instability.
Five hundred and fifteen girls in Kenya, South Africa, Ghana and Nigeria participated in a Mastercard's Girls4TechSTEM curriculum
07-04-2022 | 12:51:00
Mastercard recently hosted its first digital Girls4Tech Connect Marathon in Sub-Saharan Africa to inspire and prepare 515 girls aged 7-12 to pursue careers in Science and Technology.  
Up to USD200 Millions to unlock climate-aligned local currency infrastructure bonds in Nigeria
07-04-2022 | 09:54:31
InfraCredit, FSD Africa sign technical assistance agreement to unlock climate-aligned local currency infrastructure bonds in Nigeria with up to USD200 Millions.
UPS partners Africa’s Jumia on e-Commerce distribution network
07-04-2022 | 09:05:00
The partnership gives UPS a stronger presence across Africa  starting in Kenya, Morocco, and Nigeria at a time when online retail is surging and expected to continue.
Medicines360, PSI and SFH launch Avibela hormonal IUD in Nigeria
06-04-2022 | 09:36:00
Medicines360, Population Services International (PSI), and Society for Family Health (SFH) announced the launch of Avibela (levonorgestrel-releasing intrauterine system) 52 mg in Nigeria.
[Nigeria] ZirooPay raises $11.4m to scale up its mobile POS solutions for retailers
05-04-2022 | 11:29:00
The number of POS terminals in Nigeria grew from 150,000 in 2017 to 543,000 in April 2021, according to Statista.
Equinix closes $320m acquisition of MainOne Africa
05-04-2022 | 10:51:00
Digital infrastructure company, Equinix, has announced the completion of the deal to acquire West African data center and connectivity solutions provider MainOne for an enterprise value of US$320M.
[Ghana] Shirley Somuah named partner at African private equity fund manager CardinalStone Capital
04-04-2022 | 13:35:00
African private equity fund manager, CardinalStone Capital Advisers (CCA), has appointed Shirley Somuah as a Partner, as it strengthens its presence in Ghana with a new office opening in Accra in Q2.
Egypt’s and Nigeria’s medical products regulatory agencies had reached maturity level 3
04-04-2022 | 12:32:49
Egypt and Nigeria medicines regulators achieve high maturity level in WHO classification and WHO launches list of regulatory authorities that meet international standards.
[Nigeria] Fintech startup Credrails Partners with Access Bank to foster the future of finance in Africa
04-04-2022 | 07:33:00
Access Bank has partnered with financial infrastructure startup Credrails to develop open finance rails that will dramatically improve the experience of banking customers across the continent.