Most Recent News

6 Candidates Listed To Replace Central Bank of Nigeria Governor

The soon-to-be vacant governor’s position at Nigeria’s Central Bank (CBN) is set to create a tussle for the suitable candidate to replace Mallam Sanusi Lamido Sanusi – current head of.

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Ethiopian Billionaire Al Amoudi Bankrolls $3.4m Space Observatory

Funded buy billionaire, Mohammed Hussien Al Amoudi, the Ethiopian Space Science Society (ESSS) has established a $3.4 million space observatory in Addis Ababa, to enhance the country’s knowledge of the.

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The Most Powerful Women In Africa

Women are the backbone of most African economies and policy makers are starting to consider the unique role they play in society. Country development strategies are increasingly including gender themes.

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African Development Bank (AfDB) Grants Namibian Port $338m Loan

 In keeping with its 10-year strategic focus on infrastructure development, the African Development Bank (AfDB), this week said it had approved a R2.9 billion ($338m) “sovereign guaranteed” loan to Namibia.

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South Africa’s second-largest bank, FirstRand is keen on establishing a retail banking business in Nigeria

South Africa’s second-largest bank, FirstRand is keen on establishing a retail banking business in Nigeria and has earmarked Keystone and Mainstreet Banks for potential buy-outs, according to report. Following an.

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Ethiopia Generates $700m From Grains, Oilseeds And Spices Export

Ethiopia Minister of Trade, Kebede Channie, on Thursday said the East African nation has generated $700 million from the export of grains, oil seeds and spices during the last fiscal.

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Meet Africa’s Newest Billionaire, Abdulsamad Rabiu

On a chilly autumn night in London, a chauffeured Bentley glides into the courtyard of an affluent home. Seconds later, atop the entrance steps, the doors swing open and out.

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DHL Invests In Air Transport Facilities For West African Operations

German-based logistics company, DHL is vamping up its West African operations by investing in air transport facilities to meet the demand for express and freight services in the region. The.

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Actis To Invest $220m In 3 Cameroonian Power Assets

Private equity investor, Actis Capital LLP has signed an agreement with American energy giant, AES, to acquire its stake in three power assets in Cameroon for $220 million. The deal.

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Etisalat Nigeria CEO Resigns After 5 Years

ETISALAT Nigeria Chief Executive Officer, Steven Evans, resigned last month and returned to the U.K. after leading the telecoms company for five years, the company said. Evans was appointed CEO.

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