Most Recent World News

Bharti Airtel picks banks for London flotation of Africa business

India’s biggest mobile carrier Bharti Airtel Ltd has chosen UBS, JP Morgan and Citi to coordinate the London initial public offering of its Africa business, two sources familiar with the.

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South Africa’s Aspen to Sell Infant Formula Unit Worth $864.5 Million To French Dairy Group

Aspen Pharmacare is selling its global infant formula business to French dairy group, Lactalis for R12.9 billion ($864.5 million), the African drug-maker said in a statement today. The nutritional business.

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Ecobank business club targets small businesses

Ecobank Nigeria has launched the Emerald Ecobank Business Club, which aims at widening opportunities for Small and Medium Enterprises (SMEs) through the creation of direct links with its operational footprints.

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World Bank review reveals unchanged quality of policies in Africa

The average quality of policies and institutions in Sub-Saharan Africa was broadly unchanged in 2017, according to the latest review by the World Bank. This is a shift from the.

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AGRA signs deal with Israeli conglomerate to support African farmers

The Alliance for a Green Revolution in Africa (AGRA) has signed a memorandum of understanding with Tel Aviv-based NGO, Start-Up Nation Central (SNC), which will see farmers get extensive material.

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Angola works on making trade easier, cheaper and faster

The first training module of UNCTAD’s trade facilitation empowerment programme, which helps governments put in place the reforms necessary to make trade easier, cheaper and faster, has been completed by.

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ICAEW says remittance income will drive economic growth for Africa

Despite an economic slowdown, most African countries are reported to have a positive economic outlook. This is according to a new report by the Institute of Chartered Accountants in England.

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Mastercard and Vodacom launch first online card in Tanzania

Mastercard has partnered with Vodacom and BancABC to introduce the first online card in Tanzania – the M-Pesa virtual card. The virtual card will allow M-Pesa mobile wallet holders to.

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NEXIM Earmarks N37bn to Promote Agricultural Products in 36 States, FCT

The Nigerian Export-Import Bank (NEXIM) said it has earmarked N37 billion to develop and support export commodities from primary production to exporting stage across the 36 states of the federation,.

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Kenya: Family Bank CEO Resigns After Profit Rebound

Family Bank Chief Executive David Thuku has resigned from the bank to pursue personal interests. Thuku who has been at the bank for the last five and a half years.

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