Tuesday, May 26, 2020
The MTN Group says its commitment to list its Nigerian subsidiary on the Nigerian Stock Exchange in the next six months. Lami Adekola, co-founder of Hamilton and George joins CNBC Africa to discuss the impact this move could have...
Shuttered stores, thinning crowds, empty parking lots, and retailers filing for bankruptcy. These are tough times for shopping malls and the major retailers who serve as their anchors. Product oversupply and the rise of e-commerce are squeezing margins, and...
Scientists at the University of Cambridge have discovered that fuel cells can be powered by living algae, which is five times more efficient than current models. According to a statement, it is thought they could one day be used to provide...
Accra (Ghana), February 4 (IANS) A $5 billion Exim Bank of India fund to support Africa’s agriculture development through the “Feed Africa” project seems to fit into the Africa Development Bank’s plans to improve the agriculture sector to increase...
Gender equality could have a significant impact on rural electrification moves in sub-Saharan Africa, new data suggests. Fenix International, which sells off-grid solar kits in Uganda and Zambia, has uncovered a gender difference: Although only 20 percent of its kits...
The African Development Bank (AfDB) and European Union (EU) have jointly organised €33.3m to finance the construction of a national fibre optic backbone for the Central African Republic. The AfDB has contributed €16.7m and the EU €16.6m towards the project...
As part of its mandate of managing Nigeria’s public debt, which also includes borrowing the Debt Management Office today listed the FGN Diaspora Bond of $300ml and the Eurobond 2-tranche of about $3bl, totalling about $3.3bl. After the closing gong...
Filipino farmers need not fear a total loss of their resources after every calamity once the proposal of Rep. Arthur C. Yap of the Third District of Bohol  becomes a law. House Bill (HB) 6923, which calls for an overhaul...
The Danish power plant specialist Burmeister & Wain Scandinavian Contractor (BWSC), in consortium with MAN Diesel and Turbo (MDT), has been awarded US$150.26mn contract to build a 120MW gas-fired power plant in Benin The project entails construction of a whole...
The government of Mozambique is set to construct a gas-fired power station in Beluluane, in Boane district about 30 kilometres west of Maputo. Beluluane Gas Company SA received approval from the government allowing them to develop the power station that...
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