EconomyFeaturedChanges in policy framework key to transforming recovery in MENA: IMFIFM CorrespondentOctober 25, 2021 by IFM CorrespondentOctober 25, 2021 While several countries in the region have made significant strides, but the progress has been inconsistent... Read more
FeaturedPorts and ShippingDP World, CDC Group pledge $1.7 bn to develop ports in AfricaIFM CorrespondentOctober 13, 2021 by IFM CorrespondentOctober 13, 2021 DP World will invest around $1 bn in Dakar in Senegal, Ain Sokhna in Egypt, and Berbera... Read more
FeaturedHealthcareGhanaian healthtech mPharma to open 100 virtual centres across AfricaIFM CorrespondentOctober 12, 2021 by IFM CorrespondentOctober 12, 2021 mPharma provides about 10,000 physician consultations to patients through its network of pharmacies... Read more
EnergyFeaturedEU to allocate $65 mn to boost Nigeria’s electricity sectorIFM CorrespondentOctober 8, 2021 by IFM CorrespondentOctober 8, 2021 The EU is collaborating with Germany’s Deutsche Gesellschaft für Internationale Zusammenarbeit... Read more
FeaturedTechnologyGoogle confirms $1 bn investment in Africa over the next 5 yearsIFM CorrespondentOctober 7, 2021 by IFM CorrespondentOctober 7, 2021 Google will also provide $10 mn in low-interest loans to help small businesses and entrepreneurs in Ghana, Kenya and Nigeria... Read more
FeaturedFintechUntapped Global and Paga partner to make digital payments seamless in NigeriaIFM CorrespondentSeptember 30, 2021 by IFM CorrespondentSeptember 30, 2021 The partnership focuses to empower small businesses to accept digitised payment... Read more
AviationFeaturedSouth African Airways and Kenya Airways to form a pan-African airline groupIFM CorrespondentSeptember 29, 2021 by IFM CorrespondentSeptember 29, 2021 Both parties recently signed a Memorandum of Co-operation... Read more
FeaturedTelecomMTN plans to roll out 5G in Ghana by 2023IFM CorrespondentSeptember 28, 2021September 28, 2021 by IFM CorrespondentSeptember 28, 2021September 28, 2021 The telco is also aiming for 98% 4G coverage in the country by 2022... Read more
FeaturedInsuranceUK fintech Symplifi partners with AXA for health insurance in NigeriaIFM CorrespondentSeptember 22, 2021 by IFM CorrespondentSeptember 22, 2021 The insurance benefits will be available when the customer apply and secure loans on the SympliFi app... Read more
EconomyFeaturedNigerian economy to grow by 3% in 2021: Central Bank governorWebAdminSeptember 15, 2021 by WebAdminSeptember 15, 2021 This announcement comes after lockdown measures were eased and vaccination was increased, leading to a boost in travel and tourism... Read more