Category : Africa

African Energy Week in Cape Town to Inject Critical Capital into Local Economy, Create Jobs, Boost COVID-19 Recovery.

NigGalAugust 3, 2021August 3, 2021

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Since the start of the global pandemic, global economies have experienced significant impacts in which South Africa was not exempt. With COVID-19 restricting business operations,...

African Continental Free Trade Area Strongly supports bid of Made in Africa to buy Vlisco.

NigGalJuly 28, 2021July 28, 2021

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It has been brought to the attention of the African Continental Free Trade Area (AfCFTA) Secretariat (https://AfCFTA.au.int) that our strategic partner, a leading African financial institution supported...

Barack Obama buys stake in NBA Africa.

NigGalJuly 28, 2021July 28, 2021

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Basketball loving former U.S. President Barack Obama has joined NBA Africa as a strategic partner and a minority stakeholder. His aim is to help advance...

Team Europe pledges support for eradicate Malaria

NigGalJuly 26, 2021July 27, 2021

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Backed by the eradicateMalaria initiative, German company BioNTech announces a malaria project consisting of the development of an mRNA-based vaccine against the disease and the...

Offshore Exploration: The Future of Guinea Bissau’s Energy Sector (By Jasser Hammami)

NigGalJuly 26, 2021July 26, 2021

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The underlying offshore exploration potential of Guinea-Bissau has long been recognized given the country’s functional hydrocarbon system, good potential reserves, and several drillable prospects in...

African Development Bank Group, Ethiopia, sign $118 million in grant agreements to support agro industrial park, youth employment and Ethiopia-Djibouti power interconnection.

NigGalJuly 23, 2021July 23, 2021

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The African Development Bank Group (www.AfDB.org) and the Government of Ethiopia have signed two separate grant agreements for new projects to boost youth employment and...

African Development Bank approves $20 million loan to support Covid-19 recovery.

NigGalJuly 23, 2021July 23, 2021

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The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $20 million flexible loan to finance Seychelles’ Governance and Economic Reforms...

Fitch affirms Triple A-rating of the African Development Bank, Outlook stable.

NigGalJuly 23, 2021July 23, 2021

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Global credit rating agency Fitch Ratings has affirmed the African Development Bank’s (www.AfDB.org) credit rating at ‘AAA’, with a stable outlook. Fitch said the triple-A rating was driven...

A Burgeoning Energy Sector: African Energy Week in Cape Town Committed to Promoting Investment in Zimbabwe.

NigGalJuly 22, 2021July 22, 2021

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Committed to driving attendance at the upcoming African Energy Week (AEW) 2021 interactive conference and exhibition taking place in Cape Town (November 9-12) – as...

Top 50 Announced in Africa’s Business Heroes 2021 Prize Competition.

NigGalJuly 22, 2021July 22, 2021

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The Top 50 finalists chosen from 12,000+ entries, selected by a prestigious pool of 233 judges; 16 countries from Africa represented in the Top 50;...

African Development Fund extends $4.25 million loan to modernize tax collection, boost revenue.

NigGalJuly 22, 2021July 22, 2021

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The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a loan of $4.25 million to the Lesotho Revenue Authority to provide...

US$31 Million “The Precinct” to Revolutionise the Way Businesses Work and Connect.

NigGalJuly 22, 2021July 22, 2021

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Exciting premier mixed-use development in Mauritius, set to become Grand Baie’s most prestigious office address; Futureproof design for business flexibility, combining work, wellness, and social...

Close partnership between India and Africa could improve the welfare of 2.5 billion people post Covid-19.

NigGalJuly 22, 2021July 22, 2021

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The Covid-19 pandemic has provided the impetus for a stronger partnership between India and Africa with potential benefits to both as they build back sustainably...

Africa Women Innovation and Entrepreneurship Education Platform MPOWER Financing Raises $100 Million in Equity to Support Studying Abroad

NigGalJuly 22, 2021July 22, 2021

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MPOWER Financing (www.MPOWERFinancing.com) the leading provider (http://bit.ly/3xPerLT) of education loans to high-promise students around the world, today announced that it has raised an equity investment...

Angola’s Onshore Bid Round Attracts Global Interest With Multiple Bids.

NigGalJuly 16, 2021July 16, 2021

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Angola’s oil and gas regulator, the National Oil, Gas and Biofuel’s Agency (ANPG) achieved an important milestone earlier this week, when it opened bids for...

Africa’s Business Heroes (ABH) Brings Together Over 1,600 Delegates for Its First Annual Summit.

NigGalJuly 15, 2021July 15, 2021

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ABH (www.AfricaBusinessHeroes.org) also unveiled its first annual report, highlighting the initiative’s achievements and the impact; Investors, partners and entrepreneurs from across sectors and markets gathered...

The Sustainable Energy Fund for Africa reports record number of transactions in 2020, secures $90 million in new funding.

NigGalJuly 14, 2021July 14, 2021

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The Sustainable Energy Fund for Africa reports record number of transactions in 2020, secures $90 million in new funding SEFA, managed by the African Development...

Corporate sustainability in Africa – Canon shows a bigger picture.

NigGalJuly 14, 2021July 14, 2021

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Canon’s Africa Frontiers of Innovation (Canon-CNA.com) brings together some of Africa’s brightest minds, to unpack innovative solutions at a monthly seminar hosted by award-winning Kenyan broadcaster...

ITFC and SESRIC launch report on economic impacts of AfCFTA on selected OIC Countries.

NigGalJuly 13, 2021July 13, 2021

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The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) and its partner the Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC), today...

Senegal and Team Europe Support to build a manufacturing plant to produce COVID-19 vaccines and other endemic diseases.

NigGalJuly 9, 2021July 9, 2021

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President of the Republic of Senegal, His Excellency Macky Sall, welcomes the support of Team Europe and other partners, including the United States and the ...

Africa – Talking Technology and Trade: Challenges and Opportunities in Africa.

NigGalJuly 8, 2021July 8, 2021

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Webb Fontaine (www.WebbFontaine.com), one of the leading providers of Customs and trade solutions to governments worldwide, will gather a panel of industry mavens to talk...

African Development Bank to support creation of agricultural value chains in Côte d’Ivoire – President Adesina.

NigGalJuly 8, 2021July 8, 2021

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The African Development Bank (www.AfDB.org) will support Côte d’Ivoire in creating agricultural value chains to create more jobs and make economic growth more inclusive, the...

Pipit Global Partners with Cellulant to Power Low-Cost Remittances in Africa.

NigGalJuly 7, 2021July 7, 2021

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According to reports by the BBC, about 8 million Africans live abroad. That number is projected to reach 15 Million by 2025. For most African’s...

Liquid Intelligent Technologies and Facebook Partner to Build a Fibre Network in the Democratic Republic of Congo.

NigGalJuly 6, 2021July 6, 2021

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Liquid Technologies (www.Liquid.Tech) and Facebook announced a partnership to build an extensive long haul and metro fibre network in the Democratic Republic of Congo (DRC)...

Banks must partner with fintech to accelerate the digital banking transformation.

NigGalJuly 5, 2021July 5, 2021

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In a webinar discussion hosted by TagPay (www.TagPay.fr/en) and moderated by Omar Ben Yedder from African Banker; Yves Eonnet (TagPay), Djiba Diallo (Ecobank Group), Obinna...

KAIPTC, USAID to hold Conference on the Future Outlook of the Women, Peace and Security in West Africa.

NigGalJuly 1, 2021July 1, 2021

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Women, Peace and Security (WPS) stakeholders from across West Africa, will meet both physically and virtually, at the Kofi Annan International Peacekeeping Training Centre (KAIPTC)...

A humanitarian partnership in times of COVID.

NigGalJune 29, 2021June 29, 2021

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In Burkina Faso, the Islamic Development Bank and Islamic Solidarity Fund for Development – the bank’s poverty alleviation arm joined hands with Light for The...

Applications open for $50k global She Loves Tech competition

NigGalJune 29, 2021June 29, 2021

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She Loves Tech, the world’s largest startup competition for women and technology, has opened applications for its seventh edition, which is offering prizes of up...

iCare Solutions Announces Availability of Spark News App to Aggregate Top and Latest News Around the World.

NigGalJune 28, 2021June 28, 2021

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— iCare Solutions announced the launch of Spark News App that collects, organizes, and highlights top and latest news around the world, enabling you to...

We Will Be Part of Africa’s History; This is Our Legacy-Senator Rasha Kelej on the Merck Foundation Africa Nexus.

NigGalJune 26, 2021June 26, 2021

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We have met Senator, Dr. Rasha Kelej, CEO of Merck Foundation (www.Merck-Foundation.com) known as Mama Africa and asked her about her vision for Africa. She emphasized, “We are committed...