INTERNATIONAL

Biden Administration waives sanctions on Nord Stream 2

Biden Administration waives sanctions on Nord Stream 2 While the State Department admits to taking sanctionable actions as the initiative’s developers, the Biden administration has waived sanctions fines for Nord Stream 2 AG of Switzerland and its CEO, Matthias Warnig, according to FleetMon. It stated: “The decision benefits pipeline supporter Gazprom and its majority shareholder, […]

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WASU lauds Dangote on employment generation

WASU lauds Dangote on employment generation …Tasks W/African leaders on youth unemployment West African Student’s Union (WASU) has commended the aggressive employment generation drive of the Aliko Dangote-led companies, urging other wealthy West African leaders to invest in industries that will rid the region of the high unemployment rate. President of WASU, Comrade Romans Pillah

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Port of Southampton to develop UK's first Shore Power Terminal by 2022

Port of Southampton to develop UK’s first Shore Power Terminal by 2022

Port of Southampton to develop UK’s first Shore Power Terminal by 2022 The port of Southampton, on 17th May, announced its vision to become the first commercial port in the UK to develop terminals equipped with plug-in shore power terminals, according to FleetMon. It stated: “ABP (Associated British Port), the regulators of the port announced

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BREAKING: Fishing vessel ATLANTIC PRINCESS suffers an attack, kidnap in Gulf of Guinea

By Eyo Nsima Fishing vessel ATLANTIC PRINCESS has suffered an attack in the Gulf of Guinea, according to FleetMon. It stated: “Fishing vessel ATLANTIC PRINCESS was attacked and boarded by pirates at 1830 UTC May 19, 2021 in the Gulf of Guinea, 70 nm SE of Accra, Ghana. “Five crew were kidnapped. According to Dryad,

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African Energy Chamber Drives Intra-African Energy Investment in Lagos

Bank of Central African States, African Energy Chamber to work together on solution for FOREX regulation for energy industry

The African Energy Chamber (AEC), recently held a meeting with the Central Bank of Central African States (BEAC) to discuss the effects of BEAC’s in December 2018 adopted FX regulations, which are due to come into effect on the 1 January 2022. The meeting was in response to concerns by energy companies operating in the

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Kyrgyz Republic’s Small and Medium-sized Enterprises (SMEs) Sector to Benefit from International Islamic Trade Finance Corporation’s (ITFC) US $4 Million Line of Trade Financing Facility

The International Islamic Trade Finance Corporation (ITFC),a member of the Islamic Development Bank (IsDB) Group, has signed a trade finance agreement with Commercial Bank Kyrgyzstan (CBK). The US $4 Million facility, which is the second Line of Trade Finance Facility that ITFC is extending to CBK, is aimed at supporting import and pre-export financing needs

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Nigeria: Foreign Investment rises by 12.8% to $1.46bn in Q3'20

Invest Africa, Absa Group announce strategic collaboration

Invest Africa, the leading business and investment platform for African markets, and Absa Group, one of Africa’s largest diversified financial services groups, are pleased to announce a strategic collaboration, aimed at supporting the development of business and investment on the continent, and the growth of Absa Group as a leading African retail, corporate and investment

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The Canada-Africa Chamber of Business welcomes Nicolas Pompigne-Mognard to its Senior Advisory Board

The Canada-Africa Chamber of Business said it is delighted to announce Mr. Nicolas Pompigne-Mognard’s ascendancy to the organization’s Senior Advisory Board, after unanimous approval of the by Board of Directors. The Canada-Africa Chamber of Business is an independent, not-for-profit organization with strong working links with both Canadian and African businesses and governments, who are among

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Hamburg’s German African Energy Forum to jumpstart Africa’s Economic Transformation

The African energy sector continues to solidify partnerships with German investors and technology with the aim of leading energy businesses from Germany, Europe and across the African continent. From upstream to downstream, Africa’s energy sector must accelerate its transition to net-zero, continue to adopt new technologies and start to embrace digitization and decentralization over the

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Ministry of Primary Education of the Republic of Cameroon will receive 1 mln licenses of Russian MyOffice software

MyOffice, the Russian developer of office software for joint work on documents and communications, announced that a memorandum has been signed with the Ministry of Primary Education of the Republic of Cameroon for the supply of 1 million licenses of MyOffice software to all schools around the country over a period of 10 years. The

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