Africa

Niger Republic is Nigeria’s next-door neighbour. She is not the best neighbour Nigeria would desire but, as a sovereign nation, we have no control over her. Her economic statistics, population demographics, poverty and security threats – terrorism, insurgency, and inter-communal conflicts – are too much baggage for a neighbour any …

   We will continue to prioritise safety – Jamoh The Nigerian Maritime Administration and Safety Agency, NIMASA working with officials of Total Energies EP Nigeria limited rescued occupants of a distressed fishing vessel belonging to a national of the São Tomé Príncipe, which was adrift in the ocean for 11 …

Monday, 31 July, 2023 Six contiguous states across Africa, from Guinea on the Atlantic Ocean to Sudan on the Red Sea, have suffered eight military coups since 2020. The United States Institute for Peace (USIP) noted and wrote the above in relation to last week’s coup in Niger Republic. It …

Niamey/Abuja, July 30, 2023 Niger’s military leaders have warned against any armed intervention in the country as West African leaders are set to gather in Nigeria’s capital on Sunday for an emergency summit to decide on further actions to pressure the army to restore constitutional order. Heads of state of …

Avanti holds position as sub-Saharan Africa’s leading capacity partner for the second year running JOHANNESBURG  Avanti Communications (“Avanti”) has been named the market-leading high-throughput satellite capacity partner in sub-Saharan Africa for the second year running. The results, from the 20th edition of the NSR Satellite Capacity Supply & Demand Analysis reports that …

Gwen Mwaba, Director & Global Head of Trade Finance at Afreximbank has confirmed her participation at Angola Oil & Gas (AOG) 2023, where she will speak about financing opportunities within Angola’s energy sector LUANDA, Angola, July 25, 2023 Gwen Mwaba, Director & Global Head, Trade Finance at the supranational multilateral …

THE KOLE OMOTOSO INTERVIEW: In this interview with FESTUS ADEDAYO, held in his Oda Road forest-like home in Akure, with no electricity and no neighbour, Bankole Ajibabi Omotoso, writer and professor, also known as Kole Omotoso and in South Africa as the “Yebo Gogo man,” due principally to the advertorials …

July 23, 2023 In 2018 when news sieved in that that constellation of emeriti, Prof Bankole Ajibabi Omotoso, had crept into Akure, Ondo State, our association, Ooye Development Initiative, (ODI) bated him like mousetrap does mice. Was Akure big enough to contain that hippopotamus-statured literary giant? I wondered. I, perhaps, …

Accra, 10 July 2023:  The African Export-Import Bank’s (Afreximbank), 2023 edition of the African Trade Report (ATR2023) was launched at the Bank’s Annual Meeting – AAM2023 and 30th Anniversary celebrations in Accra, Ghana.Launching the ATR2023 along with HE Ambassador Albert Muchanga, the African Union Commissioner for Economic Development, Trade, Industry and …

By Kadiri Abdulrahman Abuja, July 18, 2023 The Central Bank of Nigeria (CBN), and the Central Bank of Egypt (CBE) have signed a Memorandum of Understanding (MoU) to establish a Nigeria – Egypt Fintech Bridge. According to a statement obtained from the website of the CBN, the MoU was signed …

By Ismail Abdulaziz Abuja, July 16, 2023 African Heads of State and Government have declared their commitment to advancing integration, development and cooperation within the continent. Mr. Dele Alake, Special Adviser on Special Duties, Communications and Strategy, made this known in a statement on Sunday in Abuja. The leaders, representing …

  ACCRA: The African Export-Import Bank (Afreximbank) and Ghana Railway Company, the national railway operator of Ghana, have signed a project preparation facility Head of Terms agreement and Pre-Mandate Letter to finance the development and implementation of an integrated 299-kilometer (“km”) standard gauge railway network that connects Ghana’s western corridor …

ACCRA The African Export-Import Bank (Afreximbank) and UTM Offshore Limited have signed a Project Preparation Facility Agreement to develop, design, and construct Nigeria’s first indigenously owned Floating LNG facility with a nameplate production capacity of 1.2 million metric tons per annum in Akwa Ibom State, Nigeria. The agreement was signed …

Group Photograph of international observer missions in Sierra Leone By Emmanuel Oloniruha Abuja, June 28, 2023 The West Africa Elders Forum (WAEF) and other international observer missions in Sierra Leone have called for calm in that country. The missions made the call on Wednesday in a joint statement by their …

Africa’s Global Bank, United Bank for Africa (UBA), has launched the UBA Braille Account Opening Form, a first of its kind initiative in the Nigerian and African market, designed specifically to cater to the financial needs of the visually impaired. Until now, this unique and special section of the society …

Sun City, South Africa, 23rd June 2023  At the 11th All Africa Business Leaders Awards (AABLA) held in South Africa, Afreximbank was named “African Company of the Year” and President and Chairman of the Board of Directors, H.E Professor Benedict Oramah was recognized as the “Business Leader of the Year”. The award’s finale was celebrated …

Freetown, June 26, 2023 Sierra Leone on Monday counted the presidential election votes following violence and the death of an opposition party volunteer. However, international observers voiced concern about the lack of transparency in the tallying of ballots. Provisional results are expected within 48 hours of Saturday’s vote, in which …

Dr. Lori Weintrob, a distinguished Professor of History at the Holocaust Education Center of Wagner College, Staten Island, New York, United States of America (USA), was part of a program on Mental Health Nursing in Rwanda, an African country that recently experienced genocide. The program was an attempt to integrate genocide …

The Chief Financial Officer of Zenith Bank Plc, Dr. Mukhtar Adam, has been named ‘Chief Financial Officer of the Year’ at the 11th All Africa Business Leaders Awards (AABLA) in partnership with CNBC Africa. The award ceremony took place at the King’s Ballroom, Sun City, South Africa, on June 23, …

  Freetown, June 24, 2023 Sierra Leone voted on Saturday in a national election which the main opposition party hopes will see public frustration with deep economic hardship foil President Julius Maada Bio’s re-election bid. About 3.4 million people were registered to vote in the presidential and legislative ballot after …

– The inaugural awards ceremony comes as African Export-Import Bank (Afreximbank) celebrates its 30th anniversary this year –  Aliko Dangote GCON, Chairman & CEO of Dangote Group wins the Afreximbank Founder of the Year Award having recently opened his $19bn petrochemicals plant and Africa’s largest refinery – Ethiopian Airlines, which distributed critical medical equipment …

By Stellamaris Ashinze Lagos, June 22, 2023 MTN Nigeria on Thursday held a bazaar and trade fair for 50 Small and Medium Enterprises (SMEs) at its corporate head office in Lagos. Esther Akinnukawe, Chief Human Resources Officer, MTN Nigeria, said in a statement that the event was meant to empower …

By Lydia Ngwakwe Lagos, June 21, 2023 First Bank of Nigeria Ltd. has won the Financial Institution of the Year Award at the African Export-Import Bank (Afreximbank), Pan African Business and Development Awards. Mrs Folake Ani-Mumuney, Group Head, Marketing and Corporate Communications, FirstBank, said this in a statement on Wednesday …

ACCRA, 21, JUNE 2023 The African Export-Import Bank (Afreximbank) has, in Accra, Ghana, launched the Africa Trade Gateway (ATG), a suite of five digital platforms that have been designed as a single window to enable the Bank better deliver on its mandate by providing critical services to support and promote African …

Matchday five games of the qualifiers for the 2023 Africa Cup of Nations – AFCON have been completed. In summary, three-time African Champions, Nigeria, and 14 other countries have confirmed their qualification for the 2023 Cup of Nations. The tournament will be hosted by Ivory Coast in January 2024. This …