Business

AfDB

The African Legal Support Facility to receive €6 million grant from the Netherlands to fund work in low-income countries

The funding will be disbursed over a three-year period The Netherlands Ministry for Trade and Development Cooperation is extending a €6 million grant to the African Legal Support Facility (ALSF), to support the ALSF’s work providing legal and technical services to low-income countries to give them more clout in commercial dealings. The funding will be […]

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Equatorial Guinea

Are you Self-Employed in Equatorial Guinea?

By Pablo Mitogo, Associate and Ana Vizcarro Dyombe According to the law of Equatorial Guinea, a self-employed worker is any natural person who performs economic activities on his account The challenge to Solution. In the African environment with economies facing growth challenges, the self-employed assumes an indispensable role in the functioning of the market economy,

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Deutsche Post DHL Group, German Federal Ministry for Economic Cooperation and Development promote e-commerce in developing and emerging countries

DHL Industrial Projects is on track with a historic move of 676 passenger coaches across continents

The team is facilitating end-to-end transport including packaging, customs clearance, and pre-carriage DHL Industrial Projects supports Dunakeszi Járműjavító Kft, owned by TMH International AG and Magyar Vagon Zrt, with the transport of passenger coaches from Hungary to Egypt; the order includes the transport of 676 coaches, which will be delivered over the course of the

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“WE MUST ACT WITH KNOWLEDGE, NOT FEAR” – OSINBAJO TELLS CBN, BANKERS, OTHERS

“We must act with knowledge, not Fear” – Osinbajo tells CBN, Bankers, Others

“WE MUST ACT WITH KNOWLEDGE, NOT FEAR” – OSINBAJO TELLS CBN, BANKERS, OTHERS *Advocates scaling-up of national projects *Says building 300,000 housing units in a year not too ambitious Rather than adopt a policy that prohibits cryptocurrency operations in the country, “we must act with knowledge and not fear” and develop a robust regulatory regime

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Market volatility and global expansion drive INFINOX to half trillion mark

This is on the back of the company’s resilient expansion strategy and increasing investor demand across the globe INFINOX, a leading CFD and FX trading broker with international presence, including in Africa, recorded a 61% increase in revenue and a 28% rise in trading volumes to $553-billion in 2020. This is on the back of

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GIZ, Orange launch an Orange Digital Center in Ethiopia to train young people in digital technology and boost their employability

GIZ, (Deutsche Gesellschaft für Internationale Zusammenarbeit), Orange, the Ministry of Innovation and Technology, the Ethiopian Investment Commission and the Industrial Parks Development Corporation are launching the Addis Ababa Orange Digital Center, an ecosystem that is entirely dedicated to digital skills and innovation. The launch took place in the presence of H.E Dr. Abraham Belay, Minister

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AfDB

Time for a digital scale-up in Africa to unlock the continent’s untapped creative economies, panelists say

Digital platforms in Africa should scale up to take advantage of the continent’s surging demand for creative content, said Africa Investment Forum Senior Director Chinelo Anohu, adding that the African Development Bank flagship entity is providing advisory services and investment support to creative players. Anohu was speaking at a virtual “fireside chat” on Tuesday with

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NaturalShrimp signs letter of intent to acquire aquaculture assets of Hydrenesis Aquaculture

The acquisition is expected to be accretive to earnings in fiscal year 2021 Assets to be Acquired for $12,500,000; Major Financing Announcement Forthcoming from NSI. NaturalShrimp, Inc., an aquaculture Company, which has developed and patented the first commercially operational Recirculating Aquaculture System (RAS) for shrimp, announced today that it has signed a Letter of Intent

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South Africa’s women’s minister seeks voice for women in AfCFTA

South Africa’s Minister of Women, Youth and Persons with Disabilities, Ms Maite Nkoana-Mashabane, has called for women’s voices to be heard in the implementation of the African Continental Free Trade Area (AfCFTA) agreement. Ms Nkoana-Mashabane spoke during a virtual conference on leveraging the agreement to boost women’s economic empowerment jointly organized by the African Trade

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