Author name: Godswill Odiong

Nigeria generates $150m from coconut oil

Minister of Agriculture and Rural Development Sabo Nanono says Nigeria generated 150 million dollars from the export of coconut oil and its derivatives in 2020. Nanono said this recently during the training of coconut farmers organised by the Federal Ministry of Agriculture and Rural Development (FEMARD) in collaboration with Nigerian Institute for Oil Palm Research […]

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Verdant Capital raises USD 9.9 M Series A equity capital for Tugende, a leading technology enabled MSME lender in East Africa

The transaction is the most recent for the award winning fintech and financial inclusion investment banking franchise of Verdant Capital. Partech Africa, a member of the Partech Group, a leading global technology venture capital fund, and Enza Capital invested in the USD 3.6 million extension round – agreed and structured in 2020 – bringing the

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AfDB

The African Development Bank extends €145 million loan to bolster railway safety and reliability in Egypt

The Board of Directors of the African Development Bank has approved a loan of €145 million to finance reliability and performance upgrades to the country’s rail system under the Egypt National Railways Modernization Project (ENRMP). The funding will be used to enhance operational safety and to increase network capacity on national rail lines. The newly

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South Africa’s Energy Ministry Has His Priorities Right; It’s Time for the World to Respect Them

African Energy Thriller becomes a Wall Street Journal Best-Seller list and tops US Market

Following the widely acclaimed release of NJ Ayuk, Managing Director of Centurion Law Group and Executive Chairman of the African Energy Chamber’s second book, Billions At Play: The Future of African Energy and Making Deals, the resourceful and bold book has become #1 Amazon Best Selling eBook overall, #2 Wall Street Journal Best Selling eBook,

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The Arab Africa Trade Bridges Program (AATB) extends its support for OCP Africa’s Agribooster program in Côte d’Ivoire

The Arab Africa Trade Bridges (AATB) Program, a multi-partner Program led by the International Islamic Trade Finance Corporation (ITFC), partners with OCP Africa for supporting OCP Africa’s Agribooster Program to reach rice farmers and enhance agriculture value chains within Côte d’Ivoire. The agreement was signed by Dr. Mohamed Anouar Jamali, Chief Executive Officer of OCP

The Arab Africa Trade Bridges Program (AATB) extends its support for OCP Africa’s Agribooster program in Côte d’Ivoire Read More »

Network International appoints Hany Fekry as Regional President – Northern and Sub-Saharan Africa

Network International (Network.ae), the leading enabler of digital commerce across the Middle East and Africa (MEA), has announced the appointment of Egyptian national Hany Fekry as Regional President – Northern and Sub-Saharan Africa. In his new role, Hany will be responsible for all aspects of Network’s acquiring and issuing business in Egypt and Nigeria, and

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Middle East: Oil demand remains low despite the ease in COVID-19 lockdown

Angola’s Petroleum Agency outlines timeline for ongoing bid-round

Angola’s National Oil, Gas and Biofuel’s Agency (ANPG) has outlined its timetable for the evaluation of its ongoing 2020 bid round, as interest in the acreage on offer continues to grow. In line with its statutory duties as national concessionaire in charge of the attribution of petroleum exploration blocks, the ANPG has sought to adjust

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Merck Foundation, Burundi First Lady supported families of casual workers affected by Coronavirus pandemic

Merck Foundation, the philanthropic arm of Merck KGaA Germany in partnership with The First Lady of the Republic of Burundi and Ambassador of “Merck Foundation More Than a Mother”, H.E. Madam ANGELINE NDAYISHIMIYE supported families of more than 50 casual workers from the capital city of Burundi, Bujumbura, affected by the COVID-19 pandemic, through community

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UN highlights need for perseverance and collaboration on Mine Action Day

Marking the International Day for Mine Awareness and Assistance in Mine Action, the United Nations in Somalia highlighted this year’s theme of ‘Perseverance, Partnership, Progress’ in working to eliminate the threat of explosive hazards to Somalis. “While the country is improving in preventing explosive hazards, we must continue to work together to rid Somalia of

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Facebook partners WHO, launches Together Against Covid-19 Misinformation Campaign across Africa

Throughout the Covid-19 pandemic Facebook (Facebook.com) has been working to connect people to accurate information and reduce misinformation on its platforms. Last month it announced the biggest worldwide campaign (bit.ly/3cGJamf) to promote authoritative information about Covid-19 vaccines – working to remove false vaccine claims, reduce distribution of inaccurate health information, and inform people about effective

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