Wednesday, March 29, 2017
CBN

SMEs, Energy Projects in Egypt Receive $100m IFC Boost

IFC has provided a $100 million loan to the Arab African International Bank (AAIB) to enable the institution expand its operations in Egypt. AAIB is a leading player in the Egyptian banking sector that adopts...
Brexit

South Africa: Investment Mission to Ghana, Nigeria a Success

The South African companies that recently participated in a week-long trade and investment mission to Ghana and Nigeria have expressed satisfaction with the mission. The 20-member delegation of local companies, which took part in the...

Kenyan Diaspora Leads Digital Mobile Remittances- WorldRemit Data

According to data released by WorldRemit, of over the 65, 000 international money transfers to Kenya every month 93 per cent go to mobile money service M-Pesa. The online service that enables money transfers from...
European Union

EU pledges Sustained Support for Ghana’s Economy

Mr. Paolo Salvia, the Charge’ d’ Affaires of the European Union in Ghana,  has reiterated the commitment of the European Union (EU) to continue its support to Ghana in private sector competitiveness, trade facilitation...

Angola Needs Efficient Managers – Territory Minister

The minister of Territory Administration, Bornito De Sousa has said Angola needs efficient managers and administrators, both in the private and public sectors to address the transition process from national reconstruction to modern development. Speaking...

Nigeria: Lagos to fund Lekki Free Trade Zone with $62bn

The Governor of Lagos State, Akinwunmi Ambode has said his administration in partnership with its Chinese partners will commit $62 million in the next six months as part of its counterpart funding to advance...

Bank of Sudan Announces New Gold Policies

The Central Bank of Sudan and the Ministry of Minerals announced new policies to buy and export gold. The new policies, which come into effect today, will allow the private sector to export 50...

Ethiopian Airlines to Add Two New Destinations in Africa

Starting 28 March 2017, Ethiopian Airlines will add two more destinations on the continent, to Victoria Falls in Zimbabwe and Antananarivo, Madagascar strengthening the airline’s network to 400 weekly flights to 53 cities across...
imf

Angola: IMF Mission Discusses Fiscal Development, Public Debt

Angolan authorities will discuss the evolution of public debt, budget management, projections and economic growth trends with a delegation of International Monetary Fund (IMF) visiting the country under Article IV of this Bretton Woods...

$30m IFC Investment to Improve Payment Solutions for MSMEs in MENA

IFC and its Middle East and North Africa (MENA) Fund have announced a combined indirect equity investment of $30 million in payment solutions provider Network International, to expand the payment infrastructure in the MENA...