Thursday, June 8, 2023

BUSINESS

Congo’s Minister of Hydrocarbons to drive LNG, Frontier Exploration and Production dialogue at AEW...

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By Daniele Nicole (JOHANNESBURG) - Minister of Hydrocarbons of the Republic of Congo, H.E. Bruno Jean Richard Itoua, is scheduled to attend and participate in the African Energy Week (AEW) 2023, where he will drive the Liquefied Natural Gas (LNG),...

World Bank disburses $150m to enhance Ghana’s poverty alleviation

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The World Bank has released 150 million U.S. dollars to help the Ghanaian government fulfill its poverty alleviation obligations, a release from the bank’s Ghana office said. The new funding will help the West African country, which is undergoing fiscal...

African Energy Week 2023: Algeria’s Energy and Mines Minister to discuss Oil, Gas &...

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 By Daniel Nicole (JOHANNESBURG) - Algeria’s Minister of Energy and Mines, H.E. Mohamed Arkab, is scheduled to participate as a speaker at the African Energy Week (AEW) 2023 conference and exhibition taking place from October 16-20 in Cape Town,...

AfDB reiterates commitment to support women-led enterprises in Africa

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The African Development Bank (AfDB) Group has reiterated it’s commitment towards supporting women-led enterprises on the continent. The bank in a statement on its website said it will provide grants to small businesses to ensure this was achieved. ”The AfDB’s Gender...

Dangote becomes most admired Africa brand for 6th time

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The Dangote brand has, for the sixth consecutive year, been adjudged the most admired african brand among top 100 brands on the continent. The company announced the development in a statement signed by Mr Francis Awowole- Browne, corporate communications personnel,...

MTN Signs Up for United Nations Women Empowerment Principles (UN WEPs)

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…Advocate for Gender Equality in the Workplace Leading ICT firm, MTN Nigeria has signed the United Nations Women Empowerment Principles (UN WEPs) as part of its commitment to gender equality in the workplace through the Nigeria2Equal programme spearheaded by the...

President Akufo-Addo, Obasanjo, Mottley, other African and Caribbean leaders set for Afreximbank’s 2023 Annual...

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By Mbafan Ade (BUSINESS CORRESPONDENRT) - Ghanaian President Nana Addo Dankwa Akufo-Addo and other leading African and Caribbean figures are expected to be among the top headliners at the 30th Annual Meetings of the African Export-Import Bank (Afreximbank), taking place in...

We have not devalued Nigeria’s naira, says CBN

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By OLA Mudope (LAGOS) The Central Bank of  Nigeria (CBN) has dispelled rumours that it devalued the Naira, describing the news as fake. The CBN made the denial on Thursday in a statement by Isa AbdulMumin, CBN Acting Director, Corporate Communications. The...

Chinese President XI Jinping pledges increased economic cooperation with Nigeria

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...Says 'Nigeria is important to Africa, World' By Jacob Kubeka (ABUJA) - Chinese President XI Jinping has pledged increased economic cooperation with Nigeria, saying the country is important to Africa and the world. The Chinese president spoke through his Special Envoy,...

AfDB approves USD2m partial credit guarantee, USD528,600 grant for Tanzanian smallholder farmers

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By Mbafan Ade (BUSINESS CORRESPONDENT) - The Africa Fertilizer Financing Mechanism (AFFM), managed by the African Development Bank (AfDB), is to provide the African Fertilizer and Agribusiness Partnership (AFAP) in Tanzania a $2 million partial credit guarantee to assist suppliers and...

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Guinea capital Conakry rocked by reports of coup attempt

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The fate of Guinea’s President Alpha Condé is unclear after an unverified video showed him in the hands of soldiers, who said they had...

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