The African Development Bank yesterday 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 ofRead More →

Following the announcement by the African Union Chairperson, President Cyril Ramaphosa on the 14th of January 2021 that the African Union has secured a provisional 270 million COVID-19 vaccine doses for Africa through its COVID-19 African Vaccine Acquisition Task Team (AVATT), the Africa Medical Supplies Platform (AMSP) (www.AMSP.africa), on behalf of the Africa Centres forRead More →

  Since B2Gold first acquired the Fekola gold mine, located in a remote corner of southwest Mali, exploration studies revealed the deposits to be almost double the initial estimates. A recent site expansion has just been completed, and while the existing power units provide enough power to support the increaseRead More →

FIFA President Gianni Infantino concluded a two-day trip to Cameroon, where he has met with dignitaries of the country and key officials from the Confederation of African Football (CAF) and the Cameroonian Football Association (Fecafoot). The trip coincided with the start of the African Nations Championship (CHAN), which is being hostedRead More →

Acquires 45% of OML 17 from Shell, Total and ENI Existing Production Capacity of 27,000 barrels of oil equivalent per day Estimated 2P Reserves of 1.2 billion barrels of oil equivalent Estimated Additional 1 billion barrels of oil equivalent of further exploration potential Heirs Holdings (“HH”) (www.HeirsHoldings.com), the leading African strategicRead More →

Talking about oil & gas isn’t easy, especially at a time of widespread anxiety about the link between fossil fuels and climate change. But NJ Ayuk, the experienced oil and gas dealmaker who heads the Pan-African legal conglomerate Centurion Law Group (https://CenturionLG.com) and serves as Executive Chairman of the, African Energy Chamber (www.EnergyChamber.org) hasRead More →

Bank of Khyber (“BoK”) (http://BoK.com.pk) which is a leading bank in Khyber Pakhtunkhwa, Pakistan, with 175 branches, successfully went live with Temenos Transact (www.Temenos.com) the next generation core banking, Temenos Infinity digital banking platform, Financial Crime Mitigation and Analytics. The implementation was carried out by Temenos’ Middle East implementation partner basedRead More →

The new facility will boast 10,000 square meters of warehousing space, doubling the existing capacity to meet future demand. Signs exclusive ten-year lease for approximately 13,000 square meters of office and warehousing space at the newly-developed Skyparks Business Estate near Oliver Reginald (O.R.) Tambo International Airport; the new facility willRead More →

African Development Bank (www.AfDB.org) President Akinwumi A. Adesina has been announced as a champion of Africa’s Great Green Wall (GGW) initiative. The appointment was made at a forum held in the margins of the One Planet Summit 20201 to mobilise support for the ambitious project to plant an 8,000 kmRead More →

More than 100 European and African actors have signed a charter of commitment to the development of the agro-pastoral sectors in Africa, particularly in the Sahel; The original initiative aims to resize and strengthen agricultural cooperation between Europe and Africa while ensuring the protection of biodiversity, a global common good.Read More →