Business

Governor Obaseki fires back at Finance Minister overprinting of N60bn notes

Tizeti rolls out high-speed 4G LTE in Edo with N4000/month broadband service

Installations are expected to commence in Benin City on April 1st, 2021 As part of its commitment to ensuring access to affordable broadband connectivity in Africa’s underserved populations, Tizeti (www.Tizeti.com), West Africa’s pioneer solar-based internet service provider is rolling out its 4G LTE network in Edo State, with monthly fixed broadband costs pegged at four […]

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Nigeria enters the worst recession as GDP drops by 3.62% in Q3’20

Verdant Capital receives Independent Advisory Firm of the Year – Pan Africa – in the prestigious Africa Global Funds awards, 2020

Verdant Capital completed transactions in most major sectors of the economy including, financial services, financial technology or “fintech”, telecoms and agro-business Africa Global Funds, the leading industry journal covering private equity and other asset classes across Africa, awarded this accolade to Verdant Capital in recognition of the firm’s major transaction volumes in 2020 across M&A

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Bank of Khyber transforms to Temenos Core and Digital Banking Platform

Temenos technology supports Bank of Khyber’s strategic objectives to increase market share and drive sustainable growth by optimizing its banking operations and reducing operational costs Bank of Khyber (“BoK”) (http://BoK.com.pk) which is a leading bank in Khyber Pakhtunkhwa, Pakistan, with 175 branches, successfully went live with Temenos Transact (www.Temenos.com) the next-generation core banking, Temenos Infinity

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OPEC plans First Ministerial Roundtable on Energy, Climate and Sustainable Development for oil-producing countries

Depth and Magnitude of Global Economic rebound in 2021 remains uncertain — OPEC

Depth and Magnitude of Global Economic rebound in 2021 remains uncertain — OPEC   The Organisation of Petroleum Exporting Countries, OPEC, has disclosed that, while a strong global economic recovery in 2021 remains very likely, the depth and magnitude of this year’s rebound remains uncertain. In its January 2021 Oil Market report, obtained by The

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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 Global Forwarding invests 126.5 million rand in new facility in South Africa

The new facility will boast 10,000 square meters of warehousing space, doubling the existing capacity to meet future demand Signs exclusive ten-year lease for approximately 13,000 square meters of office and warehousing space at the newly-developed Skyparks Business Estate near Oliver Reginald (O.R.) Tambo International Airport; the new facility will boast 10,000 square meters of

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The total financing of ITFC reaches $ 11.2 billion for Egypt

Within the Framework of Cooperation between the Arab Republic of Egypt and the International Islamic Trade Finance Corporation: Five Ministers Witness the Signing of ITFC’s 2021 Program Totaling US$ 1.1 Billion Aimed at Providing Integrated Trade Solutions to Egypt In 2021, collaboration will continue with the aim of providing institutional support and capacity building programs

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Control Risks announces the Top 5 Risks for Business in 2021

In 2021, business will face a globally fragmented recovery from COVID-19; now is the time to embrace risk and focus on the rebound The COVID-19 pandemic, emerging digital threats, climate change, and the US China relationship are among the Top 5 Risks for business in 2021, published by Control Risks (www.ControlRisks.com), the specialist global risk

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UNGA 79: African Development Bank calls on DFI’s to put peace into action to promote peace and stability in Africa

Sahel region: the African Development Bank pledges to mobilise $6.5 Billion in support of the Great Green Wall Initiative

The Great Green Wall’s plan is to plant an 8,000 km long and 15 km wide mosaic of trees, grasslands, vegetation and plants across the Sahara and Sahel The Sahel region’s Great Green Wall Initiative received a major boost from the African Development Bank on Monday. During a forum hosted by French President Emmanuel Macron

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Europe, Africa renew commitment to the development of the agro-pastoral sectors in Africa

The recent health crisis has revealed the resilient capacities of African agriculture More than 100 European and African actors have signed a charter of commitment to the development of the agro-pastoral sectors in Africa, particularly in the Sahel; The original initiative aims to resize and strengthen agricultural cooperation between Europe and Africa while ensuring the

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Kaspersky Security Bulletin: Economic uncertainty set to shape 2021 cybercrime agenda in Africa

Adding further pressure to this melting pot of cyberattacks is an expected rise, along with changes in strategy, in Advanced Persistent Threats (APTs) Kaspersky experts expect growing economic turbulence along with the impact of COVID-19 to contribute to an increase in cybercrime across South Africa, Kenya, and Nigeria this year. Growth in cybercrime “Even though

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