The West African Health Organisation, WAHO, has confirmed that one suspected case of the deadly coronavirus has arrived Abidjan Airport, Cote d’ Ivoire. WAHO also said that it has stepped up surveillance measures at airports and other entry points into West Africa. In addition, WAHO, which is the institution of ECOWAS for health, said it […]
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In developing economies, the key to socio-economic growth is access to finance, but the challenge is to increase loans to individuals and SMEs without suffering the fall-out of bad debt. The Central Bank of Nigeria (CBN) increased the minimum loan-to-deposit ratio (LDR) of commercial banks from 60 percent to 65 per cent in the latter […]
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According to Bloomberg, internet service has been slow in at least 12 African countries, after undersea connection cables were damaged. The WACS and SAT3/WASC cable systems which connect many African countries to Europe are wired through the Atlantic Ocean. The disruption started on Wednesday night with a huge impact on mostly West African countries. NetBlocks, […]
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MVMO, an innovative new entrant to the high-growth African online entertainment market, today announced the launch of its service. MVMO (Movies, Video, Music, Opportunity) is a distribution platform developed in association with the Creative Africa Exchange (CAX), a fast-growing marketplace for the creative and cultural industries, sponsored by Afreximbank. MVMO launches at a time of […]
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Tony O. Elumelu, CON, Founder of the Tony Elumelu Foundation and Chairman, Heirs Holdings and United Bank for Africa Group, urged African, Caribbean and Pacific (ACP) Heads of State to improve the business environment in their countries to drive industrialisation and wealth creation in ACP member states. He said this while presenting the keynote speech […]
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Tony O. Elumelu, Founder of the Tony Elumelu Foundation (TEF) and Chairman, United Bank for Africa (UBA) and Heirs Holdings opened the “Ambition Africa” conference organised by the France Invest Africa Club in Paris, France. As Elumelu delivered the opening address, he urged French investors to look to Africa for long term investment opportunities. The […]
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Pan African financial institution, United Bank for Africa, UBA, Plc has assured investors and shareholders of her continuous adherence to solid corporate governance processes as the bank honoured its ex-director, Chief Kola Jamodu. In a glitzy cocktail event and dinner in his honour at the Transcorp Hilton Hotel, Abuja, on Thursday, Jamodu was celebrated for […]
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In an impassioned key note speech, delivered before global leaders, at the 7th Tokyo International Conference on African Development (TICAD) in Yokohama, Japan, African investor and philanthropist Tony O. Elumelu CON, challenged the Government of Japan to invest 5% of its $50billion commitment to Africa, in empowering African entrepreneurs. “At TICAD 2016 in Kenya, Japan […]
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The African Development Bank (AfDB) has advised Nigeria to formulate appropriate and sustainable strategies to promote agro-industrialisation to foster domestic and export competitiveness in the agro-business industry. The statement by the bank’s Communication and External Relations Department, reported Prof. Banji Oyelaran-Oyeyinka, Senior Special Advisor on Industrialisation to AfDB President to have given the advice at […]
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Singer David Adeleke, popularly known as DAVIDO; Afro-fusion singer, Burna Boy and South African musician Nasty C scored the most nominations for 2019 AFRIMA awards. The list was released by the International Committee of the All Africa Music Awards on Monday. The Continental categories are made up of the different genres of African music from […]
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