The African Development Bank today announced the addition of two new countries – Mauritius and Morocco – to its Bloomberg African Bond Indices (ABABI), marking a steady progress in the Bank’s efforts to deepen the continent’s local currency bond market. The African Development Bank administers the ABABI, a family of African bond indices launched in […]
Category: Business
Safeguard yourself from falling victim to online trading scams – INFINOX
“The rise of the digital age has resulted in an information overload and often a lot of this information is made up of unqualified opinions and regurgitated statements,” says Jay Mawji, Managing Director of INFINOX, an online trading partner which is now available in Ghana with the aim of empowering traders to trade Forex, shares, […]
Pfizer appoints Patrick van der Loo as Regional President for Africa and the Middle East
Pfizer has announced the appointment of Patrick van der Loo as Regional President for Africa and the Middle East (AfME) region.
AfDB Board approves Bank’s borrowing program for 2021
The 2021 Borrowing Program of the African Development Bank has been approved by the Board of Directors for up to $10.4 billion to be raised from capital markets.
AfDB approves $7m to fund mini-grid investment in Africa
The Board of Directors of the African Development Bank have approved a US$7 million grant from the Sustainable Energy Fund for Africa (SEFA), for technical assistance in setting up a mini-grid acceleration initiative to meet the needs of the continent’s fast-evolving renewable mini-grid industry. The Africa Mini-Grid Market Acceleration Programme (AMAP), which aims to boost energy […]
MTN Ghana wins big at 2020 Project Management Awards
MTN Ghana has emerged tops at the 2020 edition of the Project Management Awards held in Accra. The awards, currently in its second year seeks to recognise and award excellence in Project Management.
Ecobank Group wins Awards from EMEA Finance, The Banker and Global Finance
Leading pan-African banking group, Ecobank, has won awards from EMEA Finance, The Banker and Global Finance.
ECOWAS Ministers in Charge of Telecom, ICT and Post meet on digital transformation
Ministers from ECOWAS Member States in charge of Telecommunications/Information and Communication Technology (ICT) and Post, met virtually on November 26, 2020 to deliberate and firm up a common position on laying the foundation to support a secure cyber environment in the region.
IX Social App makes trading accessible to everyone
Internet adoption has more than doubled globally since 2010, however, the majority of countries with lower rates of internet access are in Africa, according to the World Economic Forum.
Post COVID-19: Put small-scale traders at the heart of any initiative – Industry experts
Industry experts meeting this week for a virtual discussion focused on resetting, retooling and restarting regional integration in Africa in the wake of the COVID-19 pandemic, underscored the importance of putting small scale traders at the heart of any initiatives. The joint webinar, organized on Tuesday by the African Development Bank (AfDB) and Korea Customs Service […]
Opinion: Why Ghana needs a new financial sector regulation architecture
Ghana’s financial sector is in crisis. A crisis occasioned by the collapse of over 300 financial institutions; and which has affected every division of the financial sector. Universal banks, savings and loans companies, microfinance companies, capital market institutions, and insurance companies have been impacted. While majority of the collapsed institutions were licensed and regulated, a […]
APICORP extends $50m to Yellow Door Energy to finance solar projects
The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, has signed a US$50million revolving construction facility with Yellow Door Energy Limited, to develop solar-PV plants in the region with key emphasis on Jordan and Pakistan.