Business LeadersFeaturedIFC appoints World Bank’s former vice presidentWebAdminFebruary 22, 2021 by WebAdminFebruary 22, 2021 Makhtar Diop will be the first African to lead the International Finance Corporation... Read more
BankingFeaturedTanzanian banking sectors shows resiliencePritam BordoloiFebruary 19, 2021February 19, 2021 by Pritam BordoloiFebruary 19, 2021February 19, 2021 The country has about 50 banks with approximately 840 branches including 23,500 agents... Read more
EconomyFeaturedGlobal Copper price surge to boost Zambian economyInternational Finance Business DeskFebruary 17, 2021February 17, 2021 by International Finance Business DeskFebruary 17, 2021February 17, 2021 The Democratic Republic of Congo is the largest producer of copper in Africa followed by Zambia... Read more
BankingFeaturedEcobank Transitional appoints Herve S. Assah as non-executive directorPritam BordoloiFebruary 11, 2021 by Pritam BordoloiFebruary 11, 2021 Mr Herve S. Assah has served in senior positions for more than two decades at the World Bank and has been managing partner of Aequaria Capital... Read more
FeaturedReal EstateEgyptian proptech Sakneen raises $1.1 mn seed fundingPritam BordoloiFebruary 10, 2021 by Pritam BordoloiFebruary 10, 2021 The startup will use the funds to expand its team and add new products and services to its platform... Read more
EnergyFeaturedAfrica’s clean energy to remain below 10% by 2030International Finance Business DeskFebruary 9, 2021 by International Finance Business DeskFebruary 9, 2021 The University of Oxford found that two-thirds of electricity generated across the continent will come from fossil fuels... Read more
BankingFeaturedAmerican Express, Access Bank join forces in NigeriaInternational Finance Business DeskFebruary 5, 2021 by International Finance Business DeskFebruary 5, 2021 The partnership will also allow American Express cardholders to use their cards across merchant locations across the country... Read more
FeaturedHealthcareEgyptian healthtech DilenyTech raises $160,000 non-equity grantWebAdminFebruary 4, 2021 by WebAdminFebruary 4, 2021 The startup will use the funds to expand its AI-enabled platform... Read more
FeaturedTelecomMTN and 9Mobile join forces for a mobile-network sharing agreementWebAdminFebruary 4, 2021February 4, 2021 by WebAdminFebruary 4, 2021February 4, 2021 Both parties will ask the Nigerian regulator’s permission for an agreement to let customers share their networks... Read more
EnergyFeaturedNigeria’s BFPCL to establish methanol plant project in OdiomaInternational Finance Business DeskFebruary 3, 2021 by International Finance Business DeskFebruary 3, 2021 The equity investors will provide funds worth $670 million for the project and the total cost project for the project is estimated at $3.5 billion... Read more