The Board of Directors of the African Development Bank Group (AfDB) has approved a combined $428.4 million in loans and grant to finance energy, infrastructure, transport and water and sanitation projects in eight African countries. Under the approvals, Ghana Airports…
African Development Bank Group President Akinwumi Adesina and U.S. President Barack Obama met at the 70th United Nation’s General Assembly on Sept. 29 to confirm their continued partnership of bringing power…
Chemicals company Sika will open concrete admixture and mortar production facilities in Nigeria and the Ivory Coast. In addition, it will also establish new subsidiaries in Ethiopia and Tanzania as…
The Ebola outbreak in West Africa severely disrupted the economies of both Liberia and Sierra Leone, according to a survey released on Sept. 30 by GeoPoll, a mobile survey platform,…
The African Development Bank (AfDB) and the Senegalese Ministry for Water Resources and Sanitation will roll out a $54 million program to make water and sanitation accessible in rural areas.…
The World Bank Group endorsed a Country Partnership Framework (CPF), a World Bank lending program of up to US$1 billion and a International Finance Corporation (IFC) financing of up to…
Kiribati and Senegal recently made their intended nationally determined contributions (INDCs), controlling emissions in the energy, maritime and coastal sectors, in the face of the upcoming Paris Climate Change Conference…
Bloomberg and the Ghana Fixed Income Market (GFIM) recently launched the Bloomberg E-Bond Trading and Market surveillance system, a new electronic trading system for Ghanaian government bonds, which Bloomberg began…
MTN Business recently began offering Microsoft Azure ExpressRoute, a service that provides businesses with access to network and cloud services, to its Africa-based clientele. MTN customers can use Azure ExpressRoute…
Sierra Leone was represented at this forum by Omrie Michael Golley, Sierra Leone’s ambassador to the Republic of Korea. Having as its theme “Overview of the Past and Outlook on…
Nigeria’s immediate past communication technology minister, Omobola Johnson, announced at DEMO Africa 2015 that she has joined TLcom Capital LLP as partner. TLcom Capital is a London- and Nairobi-based venture capital firm…
The Hershey Co. announced a new Clinton Global Initiative Commitment to Action to train 7,500 farmers in Ghana on improved agronomic practices, empowering them to supply local commercial markets with…
Summit to bring together nation’s top investors, economists and academics to discuss Nigeria’s future.
The Abuja Light Rail construction project, which involves setting up a light rail system in the Nigerian capital, is to be complete by October next year. The project, whose worth…
Macfarlanes, LLC said Sept. 28 that it advised Heineken in the Brassivoire joint venture with distributor of brands CFAO to produce beer in Cote d’Ivoire. Heineken owns 51 percent of Brassivoire while CFAO owns…
Access Bank, Plc, the full service commercial bank with headquarters in Nigeria and operations across Sub-Saharan Africa and the U.K., announced its audited results for the first half ending on…
African financial institution Guaranty Trust Bank (GTBank) reaffirmed its position as a leading global brand following its recognition for good corporate governance at the 2015 African Business Awards held on…
Media and content group Vivendi announced plans to open 10 live-performance venues in Central and West Africa under the name CanalOlympia. The first CanalOlympia halls will be in Conakry in Guinea,…
RESOLVE President and CEO Stephen D’Esposito joined Chelsea Clinton and other leaders at the Clinton Global Initiative (CGI) Annual Meeting in New York on Sept. 27 to announce a new CGI…
Luxembourg-based gold producer La Mancha has announced it is combining its Côte d’Ivoire assets with Endeavour Mining to create a leading gold company in Africa.
TAOL Senegal Ltd., in which Cap Energy PLC holds a 49 percent participation through the fully owned subsidiary Sencap, has entered into a farm-out option agreement with FAR Ltd. for…
On Friday, Heineken and CFAO announced the formation of a joint business venture in Ivory Coast under the name of Brassivoire to produce and market beer in the country. The…
Bharti Airtel will use Liquid Telecom terrestrial fiber network to connect mobile base stations and enterprises, giving its mobile broadband subscribers in Africa faster Internet access speeds on its 3G…
The United States Trade and Development Agency today awarded Senegal Minergy Port a grant to design, finance and build a new multi-commodity port in Bargny-Sendou. USTDA’s grant will fund a…
AMI began operating a Beechcraft Corporation 1900C from James Spriggs Payne Airport in Monrovia, Liberia. The turboprop will provide general aviation and aero-medical evacuation services to West Africa, including Liberia,…
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