Nigeria, Africa’s top oil producer and home to the second-largest reserves on the continent, is expected to benefit from the rise in oil prices in many ways. Oil prices are currently inching closer to $70 per barrel as the positive outlook of a return to global economic recovery swells investor...
Zenith Bank and Access Bank are among the list of financial institutions from Africa and the Middle East to indicate interest in the acquisition of Union Bank and other African assets of Atlas Mara Group, a Pan-African banking group. Atlas Mara has been working with Rothschild & Co. to consider...
A 42-year-old Ghanaian, Papa Gyabi, has been arrested for allegedly killing his girlfriend with a hammer because she denied him sex. According to the Kumasi Police Division spokesperson, DSP Olivia Ewurabena Adiku, the incident happened in the early hours of Saturday, in Shama-Kumasi in the Western region of the West...
LONDON- April 24, 2021 : OAG, the world’s leading provider of travel data and insight, today announced the launch of OAG Metis, its new game-changing technology platform. Powered by Microsoft Azure and Snowflake, the platform will enable customers to scale confidently, adapt and innovate. OAG Metis is an open platform with...
DUBAI, United Arab Emirates- April 24, 2021 :Low-income families and individuals in 10 African countries including Uganda, Ghana, Angola, Sierra Leone, Sudan, Egypt, Somalia, Kenya, Mauritania, and Tanzania, will receive food parcels throughout the holy month of Ramadan, as part of the ‘100 Million Meals’ campaign launched by His...
LAGOS, Nigeria - April 24, 2021 :  In a sign of robust global investor interest in the continent, Africa Finance Corporation, a multilateral development financial institution dedicated to infrastructure financing in Africa, successfully issued a Eurobond at its lowest yield to date. The US$750 million 2.875% 144a/ Reg S Notes...
SystemSpecs, Africa’s leading financial and human capital technology powerhouse, has disclosed the rundown of motivating characters who will fill in as judges in the current year's version of its yearly Children's Day Essay Competition. They incorporate Bayo Adekanmbi, MTN Nigeria's Chief Transformation Officer; Jumoke Lawoyin, techpreneur and Chief Executive Officer...
The hopes of Nigeria’s representative to advance into the knockout stage of the competition suffered a blow following their loss in Libya yesterday. Enyimba suffered a 1-0 defeat to Al-Ahly Benghazi in Thursday’s Caf Confederation Cup Group A game at Martyrs of February Stadium. Muttasem El Taib scored the goal that...
WASHINGTON-April 21, 2021 :With the vast majority of countries tragically behind in securing enough—or for some, even any—COVID-19 vaccines for their citizens, it is painfully clear that the world needs an urgent and innovative call to action to have a real chance at defeating the global pandemic. AIDS Healthcare...
ATLANTA & JOHANNESBURG, South Africa - April 21, 2021 : The Coca-Cola Company and Coca-Cola Beverages Africa (CCBA) today announced plans to list CCBA as a publicly-traded company. The Coca-Cola Company intends to sell a portion of its shareholding in CCBA via an initial public offering. The decision is in...
Chadian President, Marshal Idriss Déby Itno was born on the 18th of June 1952 and died on 20th April 2021. He was a Chadian politician and military officer who was President of Chad from 1990 until his death in 2021. He was also head of the ruling Patriotic Salvation...
Chad’s President Idriss Deby, who got recently re-elected for his sixth term, got injured during clashes with rebels and died in a hospital, a source familiar with a matter told Sputnik on Tuesday. The AFP reported earlier in the day that Deby, who commanded an army unit during hostilities against...
The man who nearly plunged South Africa into a full-blown race war ahead of the country’s first democratic elections has lost his bid for leave to appeal the refusal of his release on parole in the Supreme Court of Appeal (SCA). Gauteng High Court Justice Elizabeth Kubushi, who rejected the...
Minister of Information and Culture, Lai Mohammed, on Thursday said that unfair criticism of the Nigerian government by Nigerians caused Twitter to locate its headquarters in Ghana instead of Nigeria. Co-founder of the social networking service, Jack Dorsey, on Monday announced that Twitter had finally decided to set up an...
DUBAI : Technology sectors such as FinTech, InsureTech, AgriTech, eCommerce, HealthTech, and CleanTech are not only solving some of Africa’s most pressing problems, but also contributing significantly to the continent’s economy. In fact, the so-called Internet economy is set to reach 5.2% of gross domestic product (GDP) by 2025,...
LAGOS, Nigeria - April 12, 2021: Africa Finance Corporation, one of Africa’s biggest investors in infrastructure development, has delivered a 20% growth in total assets during the 2020 pandemic year. AFC’s audited financial statements for 2020 calendar year show strong and continued growth,...
Tunisian President Kais Saied on Saturday expressed his country’s support for Egypt’s efforts to reach a fair and comprehensive agreement regarding the rules of filling and operating the Grand Ethiopian Renaissance Dam (GERD) built on the Nile River. Saied’s remarks came during a joint press conference with his Egyptian counterpart...