Egypt, World Bank sign $1bln to support private sector
10/12/2018Egypt has signed with the World Bank a $ 1 billion financial package to support the next phase of the Egyptian reform programme on the sidelines of Africa 2018 forum..
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Business & Economy
Kenya to improve aviation infrastructure to boost economy – Uhuru
10/12/2018President Uhuru Kenyatta has affirmed Kenya’s commitment to improving civil aviation infrastructure, saying the industry plays a vital role in economic growth and national development. The President said air transport,.
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Business & Economy
UBA Ghana meets BoG’s minimum capital requirement
10/12/2018United Bank for Africa (UBA) Ghana Limited, a subsidiary of United Bank for Africa Plc, has met the Bank of Ghana’s new minimum capital requirements ahead of the set deadline.
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Business & Economy
Spar Opens 14th Store in Nigeria
10/12/2018One of the leading hypermarket chain stores in the country, Spar Nigeria, has announced the opening of its 14th store; the largest of its outlets in Opebi, Lagos. The opening.
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Business & Economy
Airtel to Establish Payment Service Bank
10/12/2018Airtel Nigeria has announced plan to set up a Payment Service Bank (PSB) in Nigeria, following the Central Bank of Nigeria (CBN) issuance of guidelines for licencing PSBs in the.
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Business & Economy
Smile, Taxify Collaborate to Boost Driver-Rider Experience
10/12/2018Smile Communications Nigeria is set to enhance the experiences of Taxify drivers and their riders through a strategic partnership deal with Taxify. The move was designed to improve internet connectivity.
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Business & Economy
Seraphim opens first African solar cell factory in South Africa
10/12/2018Seraphim Solar System Co. Ltd, a global solar product manufacturer, has announced the inauguration of a new 500 MW solar cell factory in the Coega Industrial Development Zone of Port.
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Business & Economy
Egyptian Government approves Mubadala Petroleum and BP in Nour North Sinai Offshore concession
10/12/2018The sale of a 20% participating interest to Mubadala Petroleum, a wholly-owned subsidiary of Mubadala Investment Company, and a 25% participating interest to BP in the Nour North Sinai Offshore.
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Business & Economy
Petra Diamonds sells South Africa mine for $14
10/12/2018Petra Diamonds has offloaded its Helam mine in South Africa for a total price of ZAR 200 ($14). Petra put the asset on care and maintenance in 2015 after failing.
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Africa
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Africans Have An Extreme Fear of Being Labelled As Mentally Ill
10/12/2018The importance of a stable mental health condition cannot be overemphasized. Mental health is one of the most neglected health conditions in the African continent and this can be attributed.
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