Most Recent News

Nigeria: BoI, NSE Partner on Local Technology Development

As part of plans to promote development of indigenous technology in Nigeria, the Bank of Industry (BoI) has entered into partnership with the Nigerian Society of Engineers (NSE) and other.

Mozambique: Central Bank to Limit Use of Credit and Debit Cards

The Governor of the Bank of Mozambique, Ernesto Gove, has recently announced that the bank intends to set limits on the use abroad of Mozambican credit and debit cards, as.

Kenya: Companies to Pay 1 Percent of Gross Revenue towards USF

Francis Wangusi, Director-General Communications Authority of Kenya. The Communications Authority of Kenya (CA) has recently stated in its Kenya Information and Communications (Universal Access and Service) regulation 2015, that companies.

Libya: Rival lawmakers sign proposal to end civil conflict

Lawmakers from Libya’s two rival parliaments- Libyan parliament and General National Congress- have recently signed a declaration of principles to end the North African country’s civil conflict Lawmakers said the.

Kenya, Ethiopia Sign Deal to Foster Development

Kenya and Ethiopia has recently signed a Sh20 billion (US$ 195.6m) deal to end the perennial conflict along their common border- Moyale- and foster socio-economic transformation and development of the.

Ethiopia, China Adopt Visa-Free Agreement

As part of efforts to promote bilateral relations and cooperation, Ethiopia and China has recently adopted a mutually visa-free policy for diplomatic and service passport holders entering the other’s border..

Tanzania to Export Electricity by 2017

The government of Tanzania in collaboration with US-based Symbion Power, have recently announced that with the construction of the mega power plant in Mtwara Tanzania, the country will be capable.

Verve Introduces New ‘Paycode’ Feature to Strengthen Cashless Policy

Verve International, a major card brand in Nigeria, has recently launched ‘paycode’ its new online banking feature, to enable users to access their money without an ATM card and strengthen cashless.

Nigeria: FG Proposes N6 Trillion All-Time High Budget for 2016

The Federal Executive Council (FEC) at an emergency meeting presided over by Nigerian President Muhammadu Buhari, has recently approved an expenditure of N6 trillion for the 2016 budget while pegging.