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 →

Project Africa GRADIENT calls on local researchers to submit proposals exploring the link between genetic diversity and response to malaria and tuberculosis drugs in African patients; combined funding commitment of GBP 2.8 million (USD 3.6 million) over five years; researchers based at universities, science councils and other public research organizationsRead More →

African Development Bank President Akinwumi A. Adesina and 10 African Heads of State and Government were on Friday honoured  for their leadership in the African Continental Free Trade Area (AfCFTA) process. The AfCFTA, the largest free trade area in the world, began trading on 1 January 2021 and is expected toRead 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 →

Minister of Planning and Economic Development: The total financing of ITFC reached US$ 11.2 billion, in favor of Egypt until 2020; Minister of Petroleum and Mineral Resources: We appreciate ITFC’s keenness and continuous support to contribute to the vital role of the petroleum sector; Minister of Supply and Internal Trade:Read More →

Pfizer (www.Pfizer.com) announced yesterday the appointment of Patrick van der Loo as Regional President for Africa and the Middle East (AfME) region. Patrick’s Pfizer experience spans more than 20 years in leadership roles with multiple successes across geographies. In his new role as Regional President for AfME, Patrick will leadRead More →