SouthBridge, NACP announce joint venture with Charles Kié as CEO

SouthBridge Investments (SBI) and New African Capital Partners (NACP) have announced the launch of their joint venture: SBNA. SBNA will act as a “permanent capital...

Communications service providers must transform to meet customers’ needs

The global pandemic has accelerated the need for true digitisation as African customers demand a more seamless digital customer experience from their communications service...

Court rejects Jimoh Ibrahim’s attempt to vacate AMCON’s order over assets

After an exhaustive nearly two hours of court ruling, a Federal High Court Lagos Division has finally declined to vacate an interim order through...

Dangote injects N10bn into education sector

As the Dangote Academy prepares to admit yet another set of student engineers, it can be revealed that the company has in the recent...

AfDB to scale up support for public private partnerships in Africa

Representatives of the African Development Bank, governments, Development Finance Institutions, the private sector and professional associations joined a September 8 workshop to discuss how...

Why Dangote’s Pan African operations’ performing well

Dangote Cement has stated that its Pan African operations performed well in the first half of 2020. This was contained in a message sent...

Natural gas must propel Africa’s economic development – AEC

In continuation of recent announcements on the African Energy Chamber’s Advisory Board (2020 – 2021) the Chamber announced the nominations on its Natural Gas...

AfDB approves $22m to expand leasing financing to corporate, SMEs

The Board of the African Development Bank on Wednesday approved a $22 million Senior Loan to help Egypt’s Corporate Leasing Company (Corplease) expand its...

Dangote Farms nursery to provide tomatoes seedlings for farmers

In a bid to make Nigeria self-sufficient in tomato production, Dangote Tomatoes Processing Limited, owned by the younger brother of Africa’s richest man, Sani...

How banks created N2tr new loans in six months – CBN

The Central Bank of Nigeria (CBN’s) monetary policy committee has said that Nigerian banks have created about N2 trillion new loans in the last...

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