INTERNATIONAL

BREAKING: Oil prices fall to $73.07 per barrel despite dropping inventory

Oil Market: Prices rise to $56.31 on US President  inauguration

Oil Market: Prices rise to $56.31 on US President  inauguration   THE prices of many crudes have risen in excess of $56.31 in the global market because of the expectation that the United States, President-elect Joe Biden, would ‘act big’ in fighting the Coronavirus pandemic. The COVID-19 has culminated in the reduction of economic and other […]

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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

Mauritius,Morocco join African Development Bank Bloomberg bond index

The African Development Bank administers the ABABI, a family of African bond indices launched in February 2015 and calculated by the independent, global index provider Bloomberg The African Development Bank has announced the addition of two new countries – Mauritius and Morocco – to its Bloomberg African Bond Indices (ABABI), marking a steady progress in

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GSK, Novartis announce collaboration to support scientific research into genetic diversity in Africa

Combined funding commitment of GBP 2.8 million (USD 3.6 million) over five years Project Africa GRADIENT calls on local researchers to submit proposals exploring the link between genetic diversity and response to malaria and tuberculosis drugs in African patients; combined funding commitment of GBP 2.8 million (USD 3.6 million) over five years; researchers based at

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covid-19

Africa Medical Supplies Platform opens COVID-19 vaccines pre-orders for 55 African Union Member States

Afreximbank will facilitate payments by providing advance procurement commitment guarantees of up to US$2 billion to the manufacturers on behalf of the Member States Following the announcement by the African Union Chairperson, President Cyril Ramaphosa on the 14th of January 2021 that the African Union has secured a provisional 270 million COVID-19 vaccine doses for

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Man bags life imprisonment for raping 7-year-old

Efficient cooperation between companies and external law firms

Especially in times of crisis, legal departments question their cooperation with external law firms and look for flexible, efficient and timely solutions for legal issues The corona pandemic is causing turmoil worldwide and has had a massive impact on economic activity. Internal legal departments are therefore facing new challenges. On the one hand, companies are

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Hajjar: New project to promote trade, investment & enhance dates sector production chain competitiveness in exports and jobs

First ever international virtual exhibition for Madinah dates organised under Aid for Trade Initiative for Arab States (AfTIAS) Under the patronage of HRH Prince Faisal bin Salman bin Abdul Aziz Al Saud, Governor of the Madinah Province, the Madinah Chamber of Commerce and Industry (MCCI), in cooperation with the Islamic Development Bank Group (IsDBG), the

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Senegal, home of West African Gas Megaprojects, hosts major energy transition event

It will showcase the region’s investment appeal as one of the most exciting energy hotspots in Africa, with major hydrocarbons discoveries and vast renewable potential MSGBC Oil, Gas and Power 2021, organized by Africa Oil & Power under the auspices of H.E. President Macky Sall, will be held on 26-27 October 2021, in Dakar; This

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

Malawi’s NBS Bank launches ecommerce platform and online payment gateway with Network International

Enables bank to expand its offering to power digital payment acceptance among SMEs, large corporations, public institutions and individuals NBS Bank, a leading commercial bank in Malawi, launches its state of the art e-commerce platform, powered by Network International (www.Network.ae), the leading enabler of digital commerce across Africa and the Middle East. The implementation of

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

It’s time to rethink licensing rounds: For Africa’s oil- and gas-producing Countries, negotiating the current environment may require negotiation

While the details vary by country, the licensing round process has, in general, become too prone to delays and uncertainty By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org) In late 2019, as the African oil and gas industry was looking to the future with optimism, Offshore Engineer wrote that the continent was had reason

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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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