Wednesday, March 29, 2017

Trade and Development Bank to Set Up Regional Headquarters in Mauritius

The Trade and Development Bank (TDB), an African regional development financial institution, is proposing to set up a Regional Headquarters Tower in Mauritius. According to Prime Minister and Minister of Finance and Economic Development, Mr Pravind...

Tanzania: NMB Launches Inter-bank Money Transfer Service

The National Microfinance Bank plc (NMB) of Tanzania has launched the first ever inter-bank money transfer service in the Tanzanian market. The Mobile Interbank Settlement System will enable NMB customers registered with the service to...

Poland Approves USD100m Grant to Boost Angola’s Economy

State Development Bank of Poland (BGK) has approved a One hundred million US dollars Grant to spur investments in Angola through projects in the fisheries, agriculture, transport and other sectors of the national economy. This is the first funding...

Internet Society Announces Maiden Africa Regional Internet and Development Dialogue

The Internet Society today announced that it will hold the first ever Africa Regional Internet and Development Dialogue from 8-9 May 2017 in Kigali, Rwanda, in partnership with UNESCO and Republic of Rwanda Ministry...

Ecobank launches Ecobank Masterpass QR in Ghana

Ecobank Ghana has launched the Masterpass QR, a smart merchant solution that accepts payments for goods and services from the mobile phone, providing micro, small and medium enterprises the opportunity to move from cash...
Diesel

GOIL Reduces Fuel Prices Marginally

The Ghana Oil Company Limited (GOIL) the nation’s foremost indigenous Oil Marketing Company GOIL, has reduced its ex-pump prices of petroleum products in the second window of the month of March. A statement released in...

South Sudan, Equatorial Guinea Establish Bilateral Relations on Oil and Gas

Leveraging on decades of industry experience, South Sudan and Equatorial Guinea have signed a Memorandum of Cooperation that sets out the terms of a bilateral relationship on oil and gas production. The countries will use...

AMCON Sells off Keystone Bank to Sigma Golf/Riverbank Consortium

The Asset Management Corporation of Nigeria (AMCON), Nigeria's Bad Bank has bundled off Keystone Bank also formerly known as Bank PHB, one of Nigeria’s commercial banks to the consortium of Sigma Golf Nigeria Limited...

Nigeria: NCAA Certifies Genesis Global Aviation for Commercial Helicopter Flights

Genesis Global Aviation Limited (GGAL) has received official clearance from the Nigerian Civil Aviation Authority (NCAA) to become a formal player in the commercial helicopter space. Director of Operations, NCAA, Captain Abdullahi Sidi presented the...

World Bank to Invest $57 Billion in Nigeria, Others

The World Bank Group president, Mr Jim Kim, said the bank would be investing 57 billion dollars to accelerate growth and development in Sub-Saharan African countries over the next three years. In a statement released...