Newsfeeds Africa Business Communities

  1. JSC Russian Export Centre joins Afreximbank as shareholder

    JSC Russian Export Centre has become the latest international financial organisation to join the African Export-Import Bank as a shareholder following its successful subscription to Class “C” shares of the African multilateral trade finance bank.
  2. World Bank gives Cote d’Ivoire push to increase coverage of early childhood nutrition

    The World Bank has approved a total amount of $60.4 million in the form of a credit from the International Development Association, and a grant from the Power of Nutrition Trust Fund ($10.4 million), to support the government of Cote d’Ivoire.
  3. [Nigeria] GÉANT awards 15-year contract to MainOne for connectivity services

    The EU-funded AfricaConnect2 project has just announced that, following the tender call to connect West and Central (W&C) Africa back in June 2016, GÉANT has awarded a 15-year contract to MainOne for connectivity services.
  4. [Nigeria] NNPC targets huge investments in Nigeria’s oil & gas industry

    The Nigerian National Petroleum Corporation (NNPC) is eyeing massive investments in the nation’s Oil and Gas Industry with a view to improving the nation’s revenue and creating jobs for the citizenry.
  5. [South Africa] Grad Coach launches Innovate Student Advice Podcast

    Grad Coach, a popular provider of 1-on-1 online tutoring to business, management and leadership postgraduate students, has taken a bold step into the podcasting arena by launching Grad Coach Radio.
  6. Azuri Technologies set for growth with $20million debt financing

    At the Global Off-Grid Lighting Association conference in Hong Kong, Azuri Technologies has launched its innovative $20 million off-balance-sheet debt financing program.
  7. Cabrera Capital Markets teams up with HC Brokerage to bring independent institutional Egyptian research to US investors

    Cabrera Capital Markets has announced a strategic alliance with HC Brokerage, headquartered in Cairo, Egypt. HC Brokerage is the brokerage arm of HC Securities & Investments.
  8. [Mali] 12,500 new subscribers connected to the national grid with $ 28 million funding from African Development Bank

    The year 2018 is starting well for the rural populations of Mali: nearly 12,500 new subscribers living in rural areas will soon be connected to the electricity grid.
  9. South African Reserve Bank Governor Lesetja Kganyago elected as new IMF chairman

    The members of the International Monetary and Financial Committee of IMF, have selected Mr. Lesetja Kganyago, Governor of the South African Reserve Bank, as Chairman of the Committee for a term of three years.
  10. International Finance Corporation increases reach of index insurance for smallholder farmers in Zambia

    International Finance Corporation, a member of the World Bank Group, has unveiled a grant extension to Mayfair Insurance Company Zambia Limited, to support Mayfair in scaling up its weather-based index insurance product line in Zambia.