Olam Agri, a leading agribusiness in food, feed, and fibre, has appointed Ashish Pande as the new Country Head in Nigeria, effective 23rd September 2022. Ashish has been instrumental in establishing Olam Agri’s animal feed business, …
Western Africa
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World Bank, US commit $3bn to Nigeria’s energy transition plan
The World Bank and the US Export-Import Bank (EximBank) say they will commit over $3 billion to the implementation of Nigeria’s energy transition plan. The international organisations made the commitment …
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Nigeria launches energy transition plan
The federal government of Nigeria has launched Nigeria’s energy transition plan as a major pathway in achieving universal energy access by 2030 and a carbon-neutral economy by 2060. Vice-President Yemi Osinbajo, …
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MTN Nigeria begins 5G rollout, targets seven cities
MTN Nigeria has kicked off an open 5G pilot in the lead-up to its highly anticipated commercial launch. The company intends to launch 5G services in Lagos, Abuja, Port Harcourt, …
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China to forgive 23 interest-free loan to 17 African countries
The Chinese government has revealed plans to forgive 23 interest-free loans to 17 African countries. China also revealed its intention to provide food assistance to struggling nations. The Chinese Foreign …
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Evaluate Media Celebrates 3 Years of Excellence, Reiterates Its Commitment To Helping SMEs Thrive
Evaluate Media & Softwares Limited, a renowned marketing and media company in Lagos, Nigeria while celebrating its 3rd anniversary, reiterated its commitment to promoting the growth and evolution of small …
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Fitch Solutions forecasts 43% depreciation of cedi to dollar in 2022
Fitch Solutions is forecasting a 43% depreciation of the cedi to the US dollar in 2022. It is also projecting a 30.1% fall in value of the cedi to the …
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Ghana dollar auction: demand exceeds supply by $84.5M
Demand for dollars by dealers outstripped supply by $84.5 million, latest data from the Bank of Ghana has revealed. This is a reduction of the $105.25 million recorded during the …
- AfricaBanking, Finance & InvestmentBusinessNewsNigeriaWestern AfricaZenith Bank
Zenith Bank posts double digit growth in H1 2022
In a clear demonstration of its industry leadership and consistency in providing superior financial returns, Zenith Bank PLC has announced its audited results for the half-year ended June 30, 2022. …
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Video Conferencing: Zoom’s growth slides further in post-pandemic
Zoom, a video conferencing platform is seeing slower growth after its initial pandemic-induced boom, with a year-on-year increase of 8 per cent to just under 1.1 billion dollars in the …