Visa hosting fraud prevention workshop in Senegal

To prevent debit and credit card fraud for West African users, representatives from Visa Business School is hosting a three-day fraud prevention workshop in Dakar, Senegal. Topics being covered at the workshop, which was attended by 17 banks, included the latest technology in debit and credit cards and best practices for using them as well as fraud trends and how to detect them. Read More »

AFC purchases stake in Cabeólica Wind Farm

In keeping with a purchase agreement, AFC now owns a stake in Sub-Saharan Africa's Cabeólica Wind Farm. Cabeólica Wind Farm has more than 30 wind turbines operating across four islands of Cape Verde: Boa Vista, Sao Vincente, Sal and Santiago. The farm has the capacity to produce 20 percent of the energy to keep Cape Verde running and provides electricity for 360,000 households. Read More »

Technology changing business in Nigeria

Technology advances in Nigeria are changing the way business is done, with smartphones and cloud applications offered through the country's growing telecom infrastructure. Having access to these tools allows businesses to run more efficiently. “Mobility is the growth engine of the Nigerian economy,” Magnus Nmonwu, regional director of Software Services for Sage West Africa, said.  Read More »

MTN, Jumia partner on Entrepreneurship Challenge

African entrepreneurs are invited to bring their best ideas to the MTN Entrepreneurship Challenge. MTN is a South Africa-based multinational mobile telecommunications company. Partnering with MTN on the challenge is online shopping site Jumia. These competitors are challenged to develop a digital application or smart solution to solve a specific challenge present in Africa. Read More »

Clavister partners with Defis & Strategies Group on network security products

In an effort to make its network security products more accessible to consumers in French-speaking West Africa, Clavister has entered into a distribution agreement with Defis & Strategies Group. Defis works with many other African companies, including firms in Burkina Faso. Defis will oversee the sale and distribution of Clavister's NGFW and gateway security solutions to the market. Read More »

I-Tech's contracts extended for offshore Equatorial Guinea projects

With the extension of existing contracts, i-Tech will continue to provide two companies running exploration operations in offshore Equatorial Guinea with intervention tooling, survey and inspection services. One of the contracts is for five years; the other is for three years. i-Tech personnel will also be tasked with standard and bespoke engineering solutions for both projects. Read More »

WTO director-general visits Ivory Coast

Roberto Azevêdo made a stop in Ivory Coast on Tuesday. Azevêdo was able to meet Ivory Coast President Alassane Ouattara as well as Prime Minister Daniel Kablan Duncan and Minister of Trade Jean-Louis Billon. “[Ivory Coast] has been working hard to boost growth and development through a series of reforms, including by improving infrastructure and facilitating trade," Azevêdo said. Read More »

Natural resources focus of AU's Peace and Security Council meeting

The African Union's (AU) Peace and Security Council's theme of "Natural Resources and Conflicts in Africa" marked its 575th meeting Feb. 11. Speakers emphasized the value of natural resources and the role they play in Africa's economy, pointing out that bad management and less-than-equal distribution of those resources could mean financial troubles and conflicts on many levels. Read More »

Adjei tapped as managing director of Ecobank's Central, Eastern and South African region

Samuel Adjei was promoted to managing director for the company's CESA region. “I have spent the last 25 years of my life, contributing to and helping to build this great institution of ours – Ecobank," Adjei said. "But the real credit goes to the many great men and women alongside whom I have worked in Ecobank Ghana, the West African Monetary Zone region and Ecobank overall." Read More »

World Bank program aims to strengthen Burkina Faso's agricultural sector

To ease the strain on Burkina Faso, officials recently urged its food producers to take advantage of the World Bank's Agricultural Productivity and Food Security Project, a matching grant program. The match from farmers can be made through land preparation and other community services. The World Bank is encouraging women in particular to make use of the program. Read More »

NNPC to partner with National Assembly on petroleum initiatives

During a recent visit to the NNPC, Nigeria's Minister of State for Petroleum Resources and NNPC Managing Director Ibe Kachikwu announced the corporation's plans to partner with Nigeria's National Assembly on modernizing and streamlining Nigeria's petroleum industry. This joint venture will help NNPC launch additional retail outlets so petroleum products are more readily available. Read More »

Gryphon Minerals extends option on Mauritania gold projects

Gryphon Minerals Ltd. has extended the option on several permits granted last October to Algold Resources Ltd., including two projects in Mauritania. For the extension, Algold transferred 300,000 common shares of Algold stock to Gryphon. The option will allow for Kanosak Barbados Inc. to acquire exploration licenses for the Tijirit and Akjoujt gold projects in Mauritania. Read More »

Port of Houston offering container service to West Africa

The Port of Houston Authority in Texas achieved a milestone Friday, with its inaugural regular direct container service to West Africa from the authority's Barnours Cut Container Terminal. The Port of Houston Authority is the largest container port in the U.S. Gulf of Mexico; its workers handle approximately two-thirds of all the gulf's container traffic. The carrier used for the historic launch was Grimaldi Lines. Read More »

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