DP World’s container terminal at the Port of Dakar has set a new record by handling 77,680 twenty-foot equivalent units (TEUs) in April 2024, surpassing the previous 76,282 set in …
AfricaAFRICA NEWSEconomy
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AFRICA NEWS
- AfricaAFRICA NEWSPress Releases
Bank of Africa teams up with Bank of Palestine to boost economic ties
by Editorby EditorMoroccan banking conglomerate Bank of Africa has teamed up with Bank of Palestine to boost economic cooperation. The initiative aims to bolster sustainable development, financial inclusion and entrepreneurship in Palestine …
Benin has blocked exports of oil from Niger via its port, President Patrice Talon said on Wednesday, demanding junta-led Niger reopen its border to Beninois goods and normalise relations before …
- AfricaAFRICA NEWSPolitics
Russia’s Gazprom to Support Africa Despite Financial Losses
by Editorby EditorForeign media reported the news in early May, while local Russian media remained quiet about the impact of Western and European sanctions on Russia’s state-run gas corporation Gazprom. The reports …
- AfricaAFRICA NEWSPolitics
Nigerians Angered by CBN’s Directive on 0.5% Cybersecurity Levy
by Editorby EditorThe Central Bank of Nigeria (CBN) has issued a directive requiring deposit money banks to impose a 0.5% cybersecurity levy on transactions, as mandated by the Cybercrime (Prohibition, Prevention, etc) …
- AfricaAFRICA NEWSPress Releases
Mastercard Women SME Leaders Awards Returns for 3rd Edition
by Editorby EditorMastercard begins nominations for Women SME Leaders Awards Nominations are now open to women-run and led businesses across Eastern Europe, the Middle East and Africa regionWinners will be announced on …
- AfricaAFRICA NEWSPress Releases
Access Bank Group partners with Mastercard to improve cross-border payment solutions
by Editorby EditorA leading multinational bank, Access Bank Group, has today launched an innovative solution in collaboration with Mastercard to expand access to cross-border payments and remittances to and from the continent, …
- AfricaAFRICA NEWSReal Estate
Nigeria’s Housing Minister Chairs First Session of 2024 UN-Habitat Executive Board in Nairobi
by Editorby EditorThe First Session of the 2024 Executive Board Meeting of the United Nations Human Settlements Programme has commenced in Nairobi under the Chairmanship of Arc. Ahmed Musa Dangiwa, Nigeria’s Minister …
- AfricaAFRICA NEWSSpotlight
Nigeria’s Digital Economy Gets Boost with Partnership Between BoI, AfDB, NITDA
by Editorby EditorThe Bank of Industry (BoI), the African Development Bank (AfDB), and the National Information Technology Development Agency (NITDA) have collaborated to promote digital literacy in Nigeria. During the bank’s Investment …
- AfricaAFRICA NEWSSpotlight
Outgoing World Bank Country Director Applauds Nigeria’s Economic Progress
by Editorby EditorThe departing World Bank Country Director, Dr. Shubham Chaudhari, commended Nigeria for its proactive approach and strong efforts in bolstering monetary policies and promoting sustainable economic growth despite significant challenges. …