GTBank Gambia honored by Global Banking & Finance Review

GTBank Gambia was honored by Global Banking & Finance Review as Best Commercial Bank and Best Internet Bank. According to Kingsley Mobolaji Ayodele, the awards were the result of a staff that delivers high-quality financial services to the people of Gambia. He also thanked GTBank's customers for "their unflinching loyalty to the bank" and the bank's board of directors and management. Read More »

Estimates in for Siribaya gold project in Mali

Resource estimates are in for a deposit that is part of a joint venture gold mining project in the West African nation of Mali. Canadian company IAMGOLD Corp. owns the Siribaya project, a joint venture with Merrex Gold Inc. Each company owns 50 percent interest in the project. The estimate reports are a requirement of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM). Read More »

IOM provides alternatives to child trafficking in Ghana's Volta Region

IOM recently provided business assistance to fishermen. Typically, fishermen in this region use trafficked children to help them fish. Consequently, in addition to providing funding, IOM representatives showed 12 fishermen, who agreed to release trafficked children, how they could earn additional income producing cash crops or working in animal husbandry instead. Read More »

Ivory Coast admitted to Convention on the Limitation Period on the International Sale of Goods

The Ivory Coast became the 23rd nation added to the amended Convention on the Limitation Period on the International Sale of Goods as well as the 30th participant in the unamended Convention. The Convention has been in place since June 12, 1974, and puts in place rules about the time period in which any legal proceedings connected to an international sales contract must begin. Read More »

CaseWare Africa hosts forums to spotlight new technologies

In an effort to introduce more businesses to its products and services, CaseWare Africa will host forums in February in Nigeria and Kenya. Company officials hope leaders and associates of businesses looking to upgrade their software solutions will attend the forums, which will include sessions geared toward accounting and auditing practitioners and business financial professionals. Read More »

Africa foreign office minister visits Senegal

Foreign Office Minister for Africa James Duddridge visited the West African nation of Senegal Monday and Tuesday. During his visit, Duddridge met with Senegalese President Macky Sall to discuss a number of issues, including border and interior security and economic growth in the region and opportunities for business partnerships between entities in the United Kingdom and Senegal. Read More »

RIMCO awards technical services contract to NV5

Resource Improvement and Manufacturing Company Limited (RIMCO), under the umbrella of Nigerian-based Chicason Group, awarded Florida-based NV5 Global Inc. a contract to handle its technical services. The contract signed by the two companies was worth more than $3 million. NV5 was paid in advance for all sub-phases, along with a 30 percent pre-payment for program initiation. Read More »

MTN Nigeria partners with Gemalto on new security feature

MTN Nigeria has chosen global digital security corporation Gemalto's LinqUs Mobile ID platform to provide its customers with SIM-based services. This partnership marks the first-ever commercial offering of SIM-based services, dubbed "MTN Token," for MTN customers. MTN Nigeria serves 70 million subscribers. With MTN Token, customers will enjoy more secure web access. Read More »

Nigerian Stock Exchange using Nasdaq surveillance platform

Officials at the American stock exchange Nasdaq recently provided its SMARTS Marketing Surveillance platform to the NSE to improve NSE's compliance program. Putting SMARTS into place will allow NSE to better track possible incidents of market manipulation, spoofing and layering. Tony Sio, head of SMARTS, said Nasdaq was optimistic about its new partnership at NSE Read More »

Chevening Alumni Ghana Association launched

Hosted by the British High Commissioner, the Chevening Alumni Association was launched Wednesday and attended by many past recipients of scholarships and fellowships. Some of Ghana's most influential people have been recipients of Chevening scholarships and fellowships; worldwide, 44,000 people have received Chevening scholarships. Honorees are chosen by members of British embassies. Read More »

16 million Nigerians logging on to Facebook each day

Technology use in the West African nation of Nigeria is growing rapidly as is evidenced by recent statistics, showing that 16 million in Nigeria visit Facebook each day. Facebook officials recently visited Nigeria to find out how people were using the site and what would make it better for them; already, 100 percent of Nigerian users access Facebook via the site's mobile app. Read More »

U.K., Nigerian aviation officials partner on security initiatives

To boost aviation security, officials from the West African nation of Nigeria and the United Kingdom have partnered to come up with strategies to prevent acts of terrorism from happening on airplanes. For the past several years, British High Commissioner Paul Arkwright and the U.K. Department of Transport have worked on aviation security initiatives with Henrietta Yakubu. Read More »

Estimates increased for South Hounde gold mine in Burkina Faso

Officials of Canadian mining and exploration company Sarama Resources Ltd. released revised mineral resource estimates for one of its projects in the West African nation of Burkina Faso. An 87 percent increase in the oxide component of inferred mineral resources was found at the South Hounde Gold Project, and a 40 percent increase was found in total inferred mineral resources. Read More »

Germany funds agricultural, vocational projects in Benin and Togo

The agriculture sectors in the West African nations of Benin and Togo will receive a financial boost in 2016 from the European nation of Germany. Benin will receive more than $22 million to fund projects at the Green Innovation Center in Cotonou, which is part of Germany's and the International Food Policy Research Institutes' "A World Without Hunger" initiative. Read More »

AXA becomes exclusive insurance provider for Africa Internet Group

As the result of a transaction worth more than $85 million, global insurance provider AXA became the exclusive insurance products and services provider for e-commerce firm Africa Internet Group (AIG) Tuesday. Under the terms of the agreement between the two companies, AXA will also own about 8 percent of AIG's capital. AIG's extensive portfolio of mobile platforms includes Jumia. Read More »

Ghana National Petroleum Corp. partners with Quantum Power on Tema project

Ghana National Petroleum Corp. (GNPC) recently partnered with pan-African energy investment firm Quantum Power on the storage, re-gasification and delivery of liquefied natural gas (LNG) on the Tema project in Tema, Ghana. Spanning 20 years, the project will cost more than $550 million to get started. It is estimated the project will produce 3.4 million tons of LNG annually. Read More »

Swedish company hired by Ivory Coast telecom provider for $2 million job

A major mobile operations corporation in the Ivory Coast has selected Swedish telecommunications provider Seamless to put in place a necessary transaction switch for $2 million. Seamless, which serves customers mainly in Africa, the Middle East and South America, will provide the Ivory Coast company with the information technology and logistics services necessary. Read More »

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