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Nigeria

Nigeria: Sanusi to head Blackstone Africa energy fund

June 12, 2015 Khalid Al Mouahidi 0

Blackstone and Black Rhino, the giant private-equity firm, has revealed on Thursday, the appointment of  Lamido Sanusi, Emir of Kano and Former Governor of the […]

Ecobank names Nigerian Ade Ayeyemi as new Group CEO

June 10, 2015 Steven Addamah 0

Ecobank Transnational Incorporated, parent company of the Ecobank Group, the leading pan-African bank with operations in 36 countries across the continent, has announced the appointment […]

Emirates airline to serve Cameroon as of this June

June 8, 2015 Steven Addamah 1

Emirates, the Middle East’s biggest carrier, will open a new route to Cameroon as of this June according to information revealed by the pan-African newspaper, […]

Africa loses $ 11 billion annually from fraud and tax avoidance, Oxfam

June 5, 2015 Steven Addamah 0

Multinational companies deprive African governments of 11 billion dollars in taxes each year, and the G7 world leaders should set up a new global body […]

Nigeria’s anti-graft agency arrests over 20 bankers for fraud

June 2, 2015 Khalid Al Mouahidi 0

Just few days after Nigeria’s new president took office, the country’s anti-corruption agency accused top officials from the central bank of involvement in a multimillion-dollar […]

Kenya: Foreign investors haul $51Mln out of Nairobi Securities Exchange

June 2, 2015 Khalid Al Mouahidi 0

The Nairobi Securities Exchange has lost 6.75% of its value during the month of May 2015. According to official sources, foreign investors took out Sh1.5 […]

Nigeria: Samsung Electronics, Diamond Bank and Softcom Ltd. raise $100 mln technology intervention fund

May 30, 2015 Geraldine Boechat 0

Samsung Electronics, Diamond Bank and Softcom Limited have strategic partnership to raise $100 million technology intervention fund, to drive education in Nigeria. The three firms […]

Nigeria Energy Crisis: Only 5 of 23 Power Plants are Functional

May 28, 2015 Khalid Al Mouahidi 0

Nigeria’s energy crisis deteriorated Monday, as the Nigerian Electricity Regulatory Commission (NERC), the government agency responsible for regulating operations in the electricity sector, reported that […]

Equity Bank to open office in DR Congo

May 27, 2015 Steven Addamah 0

Leading kenyan commercial bank, Equity Bank plans to expand to Congo. The Bank’s banking group has announced that it would soon open office in DR […]

Johann Rupert-backed Fund raises $ 345 Mln for Africa

May 27, 2015 Geraldine Boechat 0

Pembani Remgro Infrastructure Fund, founded by two of South Africa’s richest men, has raised $345 million to invest in electricity generation, transport and logistics in […]

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Recent Posts
  • Chad Embarks on Historic Decentralisation Drive to Deepen Local Governance
  • Nigeria Records 3.13% GDP Growth in Q1 2025 Amid Structural Reforms and Economic Rebasing
  • Malian Army Eliminates Notorious Islamic State Commander in Northern Offensive
  • WAFCON 2024: Morocco and South Africa Poised for Semis Showdown Amid Rivalries and Rising Hopes
  • South Sudan Expands Access to Sexual and Reproductive Health Services Amid Crises
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