News

Bank of Mauritius joins Network of Central Banks and Supervisors for Greening the Financial System

07-29-2020 | 13:45:00
The Bank of Mauritius has become a member of the Network of Central Banks and Supervisors for Greening the Financial System (NGFS), with request for membership being unanimously approved by all NGFS members.

Abena Amoah appointed Deputy MD, Ghana Stock Exchange

07-29-2020 | 13:32:00
The Council of the Ghana Stock Exchange appointed Ms. Abena Amoah as the Deputy Managing Director of the Exchange, effective August 1, 2020.

EBRD, Visa partner to support SMEs in EBRD economies

07-29-2020 | 12:44:00
The European Bank for Reconstruction and Development (EBRD) and Visa have announced a strategic partnership that aims to jointly support small and medium sized enterprises (SMEs) in the economies where the EBRD operates.

Global Petroleum gets extension of Petroleum Exploration Licence for Block 2011A offshore Namibia

07-29-2020 | 12:02:18
Global Petroleum announces that in connection with its licence PEL0094 offshore Namibia, the Ministry of Mines and Energy in Namibia has agreed to extend the licence sub-period from September 2020 to September 2021.

African Energy Chamber pushes for renewed exploration drive with new advisory committee

07-29-2020 | 09:50:35
The exploration industry has been the hardest it by the Covid-19 pandemic and the subsequent historic crash in oil prices.

[Nigeria] Sterling Bank, Clickatell partner to provide financial services via Whatsapp

07-29-2020 | 09:42:00
Sterling Bank Plc, Nigeria in collaboration with Clickatell have announced a personalized banking experience for existing customers and prospective account holders through WhatsApp.

Network International set to acquire Africa payment service provider DPO Group

07-29-2020 | 08:31:00
Network International, an enabler of digital commerce across the Middle East and Africa is set to acquire 100 per cent stake in Africa Online commerce platform operating across 19 countries DPO Group.

Andersen Global launches operations in Togo

07-29-2020 | 07:31:29
Andersen Global has announced its debut in Togo by way of a Collaboration Agreement with one of Lomé’s largest tax and legal firms, VAS Consulting.

VC4A announces 2020 Venture Showcase Seed targeting African early stage startups

07-29-2020 | 07:29:00
VC4A has launched a call for African startups looking to raise between $150K and $1 million.

[Kenya] Nairobi Securities Exchange appoints Kiprono Kittony as new Chair

07-29-2020 | 07:12:00
The Board of Directors of the Nairobi Securities Exchange (NSE) appointed Mr. Kiprono Kittony, EBS as the new Chair of the Board.

South African Reserve Bank imposes administrative sanctions on three life insurers

07-29-2020 | 06:48:00
The South African Reserve Bank (SARB) has imposed administrative sanctions on three life insurers and directed them to take remedial actions.

[Egypt] Eni Bashrush discovery in North El Hammad concession tested with success

07-29-2020 | 06:18:17
Eni, bp and Total have successfully tested the well drilled on the prospect called Bashrush, in the North El Hammad concession, in the conventional Egyptian waters of the Nile Delta.

Electricity trade to unlock affordable, reliable electricity in West Africa

07-29-2020 | 05:58:00
The World Bank approved a total of $300 million in International Development Association (IDA) credits and grants to support reforms that will help promote electricity trade in West Africa.

CANAL+ to launch first premium DTH platform over Ethiopia, broadcast from EUTELSAT 7C

07-29-2020 | 05:02:00
Eutelsat Communications and CANAL+ have signed a multi-year, multi-transponder contract for Ku capacity on EUTELSAT 7C to support the launch by CANAL+ of a premium DTH platform in Ethiopia.

Mobile money cushions Uganda in the wake of COVID-19

07-28-2020 | 17:12:15
Uganda has embraced the digitalisation of the economy. In a society traditionally run by cash, people across the country have flocked to e-commerce platforms for contactless payments and purchases.

Lentera and MCFI ink deal to provide satellite based crop analysis for Mauritian farmers

07-28-2020 | 14:56:25
The Mauritius Chemical and Fertilizer Industry (MCFI) and Agritech company Lentera Africa have signed a partnership that will see Lentera provide satellite-based crop health analysis and crop modelling services.

[Uganda] Raxio Data Centre receives critical power equipment from Umeme Ltd ahead of launch

07-28-2020 | 14:50:00
Raxio Data Centre has achieved a key milestone in the construction of the Tier III carrier neutral data centre as it received key technical power equipment from the national distributor, UMEME Limited.

[Côte d'Ivoire] MainOne Data Center bolsters operations of Business Management Invest

07-28-2020 | 14:43:59
MainOne, West Africa’s premier connectivity and data center solution provider recently on-boarded BMI-CI on its network by providing internet infrastructure and data center solutions.

Eni announces new oil discovery, production in Western Desert Egypt

07-28-2020 | 14:08:00
Eni has announced the successful drilling of the SWM-A-6X well, in the South West Meleiha development and exploration concession located in the Egyptian Western Desert, 130 km North of the of Siwa Oasis.

ICTSI inks contract for operation and development of Cameroon’s Kribi terminal

07-28-2020 | 13:59:00
International Container Terminal Services, Inc. (ICTSI) has signed the concession contract with the Port Autonome de Kribi for the development, operation and maintenance of the Kribi Multipurpose Terminal in Cameroon.