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Business

May, 2018

  • 30 May

    The mirage of Djibouti’s economic success

    Despite high growth and basking in a favorable spotlight, nationalist interventions in the economy and weakening political stability indicate that the current mirage of Djibouti’s investment potential is overstated and unsustainable. LONDON, United Kingdom, May 25, 2018/ — EXX Africa (www.ExxAfrica.com) published a special report on the country’s investment outlook on …

  • 30 May

    Ecobank named Africa’s Best & Most Innovative Retail Bank

    The ever improving feature set of the truly revolutionary Ecobank Mobile App, which has now been downloaded by more than 5 million people, took the prize for Innovation in Banking. LOME, Togo, May 28, 2018/ — Ecobank (www.Ecobank.com) has won two major awards at the African Banker’s prestigious ceremony held …

  • 30 May

    Thousands of people to participate in mCoin’s Virtual SMS Wallet Release

    Soon ONEm Communications will be announcing significant government partnerships in Africa regarding support for the ONEm ecosystem LONDON, United Kingdom, May 29, 2018/ — mCoin (https://mCoin.ONEm.com), the world’s first Cryptocurrency which works on any mobile with or without the internet, is pleased to announce the release of the virtual SMS wallet to …

  • 16 May

    The 2nd Young Business Leaders Awards comes off on June 2, 2018

    The Emmanuel Ivorgba Foundation (www.teivorgbafoundation.org), is set to hold its 2nd Young Business Leadership Awards on June 2, 2018 at the Doo Palace Hotel, Makurdi, Nigeria. The Young Business Leaders (YBL) Award supports young Nigerian entrepreneurs with an integrated package of support to help them start and grow sustainable businesses. …

  • 10 May

    ITFC Extends Further its Partnership with Banque Centrale Populaire, Morocco’s Bank Groups

    This signing comes as an extension to the first EUR40 Million financing agreement signed in June 2017 with BCP’s Cote d’Ivoire based banking subsidiary, ABI (Banque Atlantique). CASABLANCA, Morocco, May 10, 2018/ — Under the umbrella of the Arab Africa Trade Bridges (AATB) Program, the International Islamic Trade Finance Corporation (ITFC) …

  • 8 May

    Africa Investment Forum endorsed as a game changer for financing Africa’s infrastructure development

    JOHANNESBURG, South Africa, May 8, 2018/ — By 2050, just 32 short years from now, Africa’s growing population will tip the scales at a whopping 2 billion, with a youth of 840 million. In the process, the continent will overtake the populations of China and India combined. Financing Africa’s development …

April, 2018

  • 25 April

    Ecobank shareholders approve resolutions as Chairman hails improved outlook

    Pan-African bank concludes 30th Annual General Meeting (AGM) in Lomé, Togo. LOME, Togo, April 25, 2018/ — Ecobank Transnational Incorporated (“Ecobank”) (www.Ecobank.com), parent of the Ecobank Group, the leading pan-African bank with operations in 36 countries across the continent, concluded its 30th Annual General Meeting in Lomé, Togo, today. Shareholders welcomed Ecobank’s …

  • 25 April

    Vantage Capital provides $8 million of funding to Rosslyn Riviera, a leading Kenyan retail shopping mall

    The investment is Vantage Capital’s 7th transaction in Fund III, a $280 million fund, with a 55% allocation to countries outside South Africa. NAIROBI, Kenya, April 25, 2018/ — Vantage Capital (www.VantageCapital.co.za), Africa’s largest mezzanine fund manager, announced today that it has provided $8 million of funding to Rosslyn Riviera Shopping …

  • 23 April

    MainOne’s West Africa expansion gets boost with Cote d’Ivoire license

    Construction of a fourth cable authorised by the government will improve the international connectivity of the country and will provide a lot more opportunities for the national market while increasing competition. LAGOS, Nigeria, April 23, 2018/ — As part of its West Africa expansion, connectivity and data centre solutions operator MainOne …

  • 23 April

    Ecobank launches Fintech Challenge competition for African start-ups

    Top 10 finalists to be selected as Ecobank Fintech Fellows. LOME, Togo, April 23, 2018/ — Ecobank (www.Ecobank.com), the leading pan-African banking group, is inviting African fintech entrepreneurs to enter its Ecobank Fintech Challenge. Now in its second year, the initiative gives African start-ups the chance to promote their fintech solutions, and …