The Board of Directors of the African Development Bank (www.AfDB.org) has approved a loan of up to $170 million to support the development of the game-changing 1.1 GW Suez Wind Project, currently Egypt’s largest wind energy initiative.
The total project cost...
Sadiq Khan has announced plans to become the first mayor of London to lead a trade delegation to Africa.
Precise details have yet to be confirmed, but an announcement of the countries Mr. Khan plans to visit is expected next year.
He...
MTN South Africa has introduced biodegradable SIM cards to combat plastic waste pollution, addressing the estimated 180 million SIM cards produced annually in the industry.
Many of these cards are discarded after short-term use, contributing to environmental harm.
The new eco-friendly...
The Central Bank of Nigeria (CBN) has announced stringent measures to address the nation’s prolonged cash crunch, warning that commercial banks failing to provide cash at automated teller machines (ATMs) and branches will face penalties starting December 1, 2024.
CBN...
The Chief Executive Officer of the Asian African Consortium (AAC), Mrs. Adelaide Siaw Agyepong, has received an Honorary Doctorate Degree in Advanced Studies in Entrepreneurship from Azteca University and Cardinal Training Academy.
This prestigious award, which was conferred on Mrs....
MGA Consulting Ghana Limited, a rapidly growing management consultancy firm, has been honoured with the Overall Best Business Promotion & Consultancy Sector Award at the 13th AGI Ghana Industry and Quality Awards 2024, held in Accra.
The prestigious event, attended...
Access Bank Plc has successfully finalised the acquisition of Standard Chartered Bank’s subsidiaries in Angola and Sierra Leone, the financial institution announced on Wednesday.
The milestone, confirmed in a statement signed by company secretary Sunday Ekwochi, follows a July 2023...
Offshore hackers stole USh62 billion (US$16.8 million) from Uganda’s central bank, the state-owned New Vision newspaper reported on Thursday.
The hackers, identifying themselves as “Waste”, reportedly accessed the Bank of Uganda’s IT systems and illicitly transferred the funds earlier this...
MTN Ghana, in partnership with the United Nations Population Fund (UNFPA), the Ghana Private Road Transport Union (GPRTU), and the Ministry of Gender, Children, and Social Protection, has announced a series of initiatives to mark the annual 16 Days...
The Bank of Ghana (BoG) has introduced the Ghana Gold Coin (GGC), a new gold-backed financial instrument aimed at providing diverse investment options for Ghanaians while stabilising the local currency.
Effective November 26, 2024, the GGC is available in three...