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Nigeria: Bank of Industry Secures €2 Billion to Fund Key Development Initiatives

Nigeria: Bank of Industry Secures €2 Billion to Fund Key Development Initiatives

(3 Minutes Read) The Managing Director of the Bank of Industry (BoI), Olasupo Olusi, announced that the Bank has raised a new funding package worth...
USD 400m Eurobond Issuance Celebrated by Ecobank at LSE Market Opening

USD 400m Eurobond Issuance Celebrated by Ecobank at LSE Market Opening

(3 Minutes Read) Ecobank Transnational Incorporated (ETI), parent of the leading pan-African Ecobank Group opened the market at the London Stock Exchange (LSE) to celebrate...
Digital Divide: 800 mn Africans Excluded from Global Economy, UNECA Chief Says

Digital Divide: 800 mn Africans Excluded from Global Economy, UNECA Chief Says

(3 Minutes Read)  Although mobile broadband reaches 82% of the population, barriers like affordability and digital illiteracy prevent many from reaping its benefits said Claver...
Kenya Cancels Multimillion Business Deals with Adani

Kenya Cancels Multimillion Business Deals with Adani

(3 Minutes Read) Kenya’s Energy Minister Opiyo Wandayi told a parliamentary committee there had been no bribery or corruption involved on Kenya's part in signing...
SADC Commits to Bring Peace to Mozambique Rocked by Post-Election Protests

SADC Commits to Bring Peace to Mozambique Rocked by Post-Election Protests

(3 Minutes Read) Venancio Mondlane, the independent candidate who came in second with 20% of the vote, challenged the result in court and called for...
Erciyas Steel Pipe to Invest USD 60 mn in Egypt's Growing Market

Erciyas Steel Pipe to Invest USD 60 mn in Egypt’s Growing Market

(3 Minutes Read) Turkey’s Erciyas Steel Pipe Company plans to establish a factory in Egypt to produce wide-diameter oil, natural gas, and water pipelines with...
Egypt Revitalizes IPO Market with USD 110 mn United Bank Sale After Three-Year Hiatus

Egypt Revitalizes IPO Market with USD 110 mn United Bank Sale After Three-Year Hiatus

(3 Minutes Read)   Egypt has launched the sale of a stake worth up to USD 110 million in United Bank, marking the country’s first...
Russia Vetoes UN Resolution Moved by Britain on Ceasefire in Sudan

Russia Vetoes UN Resolution Moved by Britain on Ceasefire in Sudan

(3 Minutes Read) Russia’s ally China supported the resolution sponsored by the United Kingdom and Sierra Leone, along with all other U.N. Security Council members....
Egypt’s PM Madbouly Lauds ICT Growth

Egypt’s PM Madbouly Lauds ICT Growth

(3 Minutes Read) Madbouly also reiterated the government’s unwavering support for the ICT sector, citing its potential to attract investments, create jobs, and drive Egypt's...
Egypt’s EGA Launches Locally Manufactured Exeed Car

Egypt’s EGA Launches Locally Manufactured Exeed Car

(3 Minutes Read) Al-Wazir stated that the launch of the locally manufactured Exeed car production line aligns with directives to position Egypt as a regional...

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