Business

African Designers Take Center Stage at Tranoï Tokyo through CANEX Initiative   The vibrant spirit of African fashion took centre stage at the inaugural Tranoï Tokyo trade show on September 4-5, where 10 exceptional fashion brands from across Africa and the diaspora showcased their designs as part of Afreximbank’s CANEX Presents Africa initiative (www.Afreximbank.com). Among […]

IsDB Group Day Highlights Strategic Business Opportunities and Economic collaborations in Brunei   The Islamic Development Bank (IsDB) Group (www.IsDB.org) co-hosted its inaugural IsDB Group Day with Bank Islam Brunei Darussalam (BIBD) in collaboration with the Ministry of Finance and Economy, Brunei at the prestigious Balai Khazanah Islam Sultan Haji Hassanal Bolkiah. This event marked a significant milestone

NASCON Allied Industries handed over a borehole to Alayabiagba host community   NASCON Allied Industries Plc, a subsidiary of Dangote Industries Limited, as part of its social investment initiatives, during the week commissioned and handed over a borehole to one of its host communities, Alayabiagba  Community Ajegunle, in Ajeromi Ifelodun LGA, Lagos during the week

ACCESS HOLDINGS PLC EXTENDS RIGHTS ISSUE ACCEPTANCE PERIOD TO AUGUST 23, 2024   Lagos, Nigeria – 13 August 2024: Access Holdings Plc (“the Group”) has announced an extension of the acceptance period for its ongoing Rights Issue. Initially set to close on August 14, 2024, the period has now been extended to August 23, 2024,

Chamber of Mines of Mozambique to Promote Graphite Market Prospects as CMA Partner   Mozambique’s government approved the creation of a state-owned mining company to exploit the country’s critical minerals, including graphite, of which it is the world’s third-largest producer. Despite its significant reserves, Mozambique currently only utilizes one third of its graphite resources and

AfDB’s Akinwumi Adesina briefs African leaders on Bank’s progress in mobilizing financial resources for the continent   The president of the African Development Bank Group (www.AfDB.org), Dr. Akinwumi Adesina, has outlined the Bank’s successes in mobilizing financial resources for the continent’s development needs at the African Union. Addressing heads of state and government at the 6th Mid-Year

Access Bank Joins NGX to Launch Impact Board By Eyo Nsima Access Bank Plc, Nigeria’s leading institution in sustainable finance, was one of the participants in the launch of the Nigerian Exchange Limited (NGX) Impact Board, a dedicated platform for listing sustainability instruments to integrate sustainability into the core of Nigeria’s capital market. The event,

Access Holdings’ Shareholders Pledge Overwhelming Support for Rights Issue   Lagos, Nigeria – July 10, 2024: Shareholders of Access Holdings PLC have expressed overwhelming confidence in the company’s growth strategy and pledged their support for the ongoing N351 billion rights issue. This, they did, at the recent “Facts Behind the Rights Issue” presentation held at

Driving Progress: Comorians Celebrates Transformative Road Built with African Development Bank Support   The people of the Union of the Comoros are celebrating the completion of a major road that will open up its agriculturally rich areas and provide reliable access to its popular tourist centres. Thousands of Comorians turned up to witness the official

Access Holdings Plc Secures SEC Approval for N351 Billion Rights Issue By Eyo Nsima Access Holdings Plc, one of Africa’s leading financial services groups, today announced that it has received approval from the Securities and Exchange Commission (SEC) for the commencement of its N351 billion Rights Issue (‘the Offer’). This marks a significant milestone in