UN rep urges media to support Africa's SDGs

Oluseyi Soremekun, national information officer for the UNIC in Lagos, recently asked Nigerian media outlets to back Africa's Sustainable Development Goals (SDGs). Soremekun made an appearance this week on "Civil Society Weekly," a program on Radio One 103.5 FM, where he spoke on the subject. Soremekun pointed out that UNIC Lagos planned to translate the SDGs into four languages. Read More »

American company acquires World Pension Summit, World Pension Summit Africa Special

An American company recently purchased World Pension Summit and World Pension Summit Africa Special from Netherlands-based company Global Platform BV. The summits were acquired by Pensions & Investments, a Crain Communications publication and global media source for institutional investors. The events are geared toward retirement industry professionals from around the world. Read More »

COPL president purchases 1.1 million common shares of company's stock

COPL President and CEO Arthur Millholland purchased more than 1.1 million common shares of the company on Monday. Interests of COPL, an international oil and gas exploration and development company, are focused in West Africa. One of its major projects is Block LB-13, where it has a partnership with ExxonMobil in offshore Liberia and holds a 17 percent working interest. Read More »

L'Occitane contributes $120,000 to Dress for Success program

L'Occitane, a France-based beauty company that has backed women's leadership programs in West Africa for the last two decades, recently donated $120,000 to the Dress for Success initiative. Dress for Success assists women in attaining professional goals. L'Occitane Director Maddie Smith traveled to New York to present the Dress for Success donation to the program's CEO, Joi Gordon. Read More »

Teacher training program launched in Ghana

With backing from the nation's government, Ghana will have 35,000 trained teachers make their way into its classrooms through the T-TEL program. Over the next four years, the initiative will transform Ghana's 38 colleges of education into T-TEL Centers of Excellence. Funding for the program is also coming from the United Kingdom's Department for International Development (DFID). Read More »

ICD coordinates $244 million sukuk for Ivory Coast

With support from the ICD, Ivory Coast's Ministry of Economy and Finance recently closed on a $244 million sukuk, a Sharia-compliant bond used as an alternative financing tool. The sukuk carries a five-year maturity and was subscribed by regional and international investors as well as retail investors from all eight West African Economic and Monetary Union member nations. Read More »

Ingenico reaches 50,000 terminal milestone in Africa

The Ingenico Group recently provided approximately 50,000 payment terminals to African countries. Its first smart terminal in Africa was installed in 2008, and it has expanded its reach across Malawi, the Democratic Republic of the Congo, Nigeria, Uganda, Zambia and Tanzania. Financial institutions are able to carry out numerous transactions that do not involve plastic cards. Read More »

Orange to acquire Burkina Faso, Sierra Leone Airtel operations

Bharti Airtel International recently agreed to sell the company’s operations in Sierra Leone and Burkina Faso to Orange. For Orange, the acquisition serves its international development strategy since it is focused on locations that have a large potential for growth and emerging economies. By adding these two countries, it adds approximately 5.5 million mobile customers. Read More »

Mass AxiGye named ambassador of the Gambia to Ethiopia

Mass AxiGye is the new ambassador of the Islamic republic of the Gambia to Ethiopia and the permanent representative to the African Union. The Gambia's main economic activities are farming, fishing and tourism. About a third of the population lives below the international poverty line. AxiGye said his focus as ambassador will be on historical events coming this year. Read More »

Yapi named Ivory Coast's ambassador to Ethiopia

AUC Chair Nkosazana Dlamini Zuma welcomed Koffi Evariste Yapi Monday as the Ivory Coast's new ambassador to Ethiopia and permanent representative to the African Union. Zuma said she welcomed Yapi's input on AUC projects and hoped it would be a valuable learning experience for him. She will be watching to see what Yapi will bring to the table at the 26th African Union Summit. Read More »

AIDF Africa Summit 2016 to focus on development in East Africa

The AIDF has released the agenda for its upcoming Africa Summit to be held at the United Nations Conference Centre in Addis Ababa. More than 250 representatives from government, non-government organizations and private sector companies are expected to come together to discuss how technological innovations and best practices could help enhance development strategy in East Africa. Read More »

GTR releases 2015 Africa Leaders in Trade list

Several West African institutions were included in the list of Global Trade Review's (GTR) 2015 Africa Leaders in Trade Awards. GTR is a major provider of news and analysis of events related to global trade, commodity and export and supply chain finance markets. The GTR 2015 Africa list was compiled using data from a poll of stakeholders in the African trade finance market. Read More »

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