Africa
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News
Afreximbank Launches 2024 African Trade Report and African Trade and Economic Outlook Report
NASSAU, June 13, 2024 – African Export-Import Bank [ Afreximbank ] yesterday launched its African Trade Report 2024 and African Trade and Economic Outlook Report 2024 at the Afreximbank Annual Meetings 2024…
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Fidelity Bank Nigeria completes acquisition of Union Bank UK
CAIRO, June 11, 2024 – African Export-Import Bank [Afreximbank] has announced the disbursement of a US$40-million Intra-African Investment Facility to Fidelity Bank Nigeria Plc to support Fidelity Bank’s acquisition and recapitalisation of…
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15th General Assembly of AUB set to be hosted in Botswana
DAKAR, June 10, 2024 – The African Union of Broadcasting [ AUB ] will hold its 15th General Assembly from September 3 to 5, 2024 in Gaborone, capital of the Republic of…
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SONA2024: Museveni hails legislature, executive relationship
KAMPALA, June 7, 2024 – President Museveni has commended the good working relationship between parliament and the executive arms of government, which he said has contributed to the country’s stability and progress.…
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Uganda, Korea sign financing agreement
SEOUL, June 6, 2024 – Uganda and South Korea have signed a framework agreement that will make the former acquire a US$ 500 million loan from the Korea EXIM Bank for the…
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Akii Bua Stadium will be ready to host AFCON 2027 – Nabbanja
GULU, May 4, 2024 – The government will commission the construction of the new Akii Bua National Stadium in Lira City in the next two weeks as the country prepares to host…
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United Bank for Africa: Shareholders approve payment of N78.7 billion dividend
LAGOS, June 3, 2024 The shareholders of the United Bank for Africa [UBA] Plc, have congratulated the Board of Directors, management and staff of the Bank for the impressive performance recorded over…
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African Development Bank Group Unveils New Ten-Year Strategy 2024–2033
NAIROBI, June 1, 2024 – The African Development Bank Group has unveiled its new Ten-Year Strategy 2024–2033, a blueprint to confront Africa’s pressing challenges and to help put the continent firmly back…
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Critical Minerals Africa 2024 to Explore Translating Mineral Policy into Tangible Projects
CAPE TOWN, June 1, 2024 – Global demand for critical minerals is projected to grow three-fold by 2040, highlighting a strategic opportunity for African producers to increase output and the development of…
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Agreement to expand American Express acceptance in Sub-Saharan Africa signed
NAIROBI, Kenya, May 30, 2024 – American Express and Ecobank Group, the leading pan-African financial services Group, announced an agreement to significantly expand American Express Card acceptance in 21 countries in Sub-Saharan…
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