Logicom, a leading regional distributor of technology solutions and services in the Middle East and North Africa, today announced a new distribution partnership with VAST Data, the data platform company …
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IMF Executive Board Approves US$ 1.4 Billion in Emergency Financing Support to Ukraine
The Executive Board of the International Monetary Fund (IMF) today approved a disbursement of US$1.4 billion (SDR 1,005.9 million) under the Rapid Financing Instrument (RFI) to help meet urgent financing …
The government of New Zealand announced on Monday that it will establish legislation that will allow it to impose first-of-its-kind penalties on Russia in response to its invasion of Ukraine. …
Oil soared in Asia — jumping as much as 18% early in the session — after reports that the U.S. was discussing a ban on Russian crude imports sent shock …
The United Kingdom (UK) on Monday through its minister for Africa announced the payment of 210,610 pounds (about N120 million) as fraud compensation to the government of Nigeria. This is …
(Bloomberg) — CDC Group, the U.K.’s development-finance arm, will provide a $100 million credit facility to First Bank of Nigeria Ltd. to help support women-owned businesses and small companies in …
A number of members states are resisting signing onto a European Union strategy to respond to China’s clout in Africa before a high-profile summit later this month, according to EU …
Pfizer made nearly $37bn (£27bn) in sales from its Covid-19 vaccine last year – making it one of the most lucrative products in history – and has forecast another bumper …
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China far ahead of US, West in infrastructure funding for Sub-Saharan Africa
China’s development banks provided US$23 billion in financing for infrastructure projects in Sub-Saharan Africa from 2007 to 2020, more than double the amount from similar lenders in the United States, …
The chairman of China’s biggest insurer is being investigated by the Communist Party’s anti-corruption commission, the agency disclosed on Saturday, as the government pushes a campaign against graft and a …