Access Bank expands with acquisition of Tanzania’s BancABC
Access Bank PLC has successfully met all legal and regulatory requirements to complete its acquisition of African Banking Corporation (Tanzania) Limited (BancABC). With this acquisition, Access Bank solidifies its presence…
ExxonMobil to invest $10 Billion in Nigeria
ExxonMobil plans to invest $10 billion in Nigeria's deep-water oil operations. The investment was announced during a high-level meeting between Nigeria’s Vice President, Kashim Shettima, and ExxonMobil executives on the…
Egypt seeks to deepen economic ties with China
Egypt's Finance Minister Ahmed Kouchouk has stressed the importance of strengthening financial cooperation with China to diversify resources, ensure financial stability and promote home income.Kouchouk stressed the importance of deepening…
The need for an African credit rating agency
As the African continent continues to evolve economically and attract global investment, establishing a dedicated credit rating agency is a necessity and a strategic imperative. With its diverse economies, rich…
Unlocking Africa’s food potential: The role of leadership and technology
With 60% of the global arable land and huge natural resources, Africa holds the key to a world free from hunger and poverty. The continent offers significant prospects for innovation,…
Nigeria proposes new identity bill, targets inclusive tax framework
Nigeria's President Bola Tinubu is set to propose an amendment to the National Identity Management Commission (NIMC) Act. The amendment will mandate all residents in Nigeria, including foreigners, to register…
Rwanda exports first batch of agricultural products to Ghana
Rwanda on Wednesday marked a historic moment by exporting agricultural products to Ghana for the first time under the African Continental Free Trade Area (AfCFTA) agreement.Imports include traditional exports such…
Liberia’s economy get major boost with 2024 investment forum
The recently concluded Liberia Investment Forum 2024, held for the first time in Canada, has opened up several investment opportunities for Liberia.Held at the International Centre in Toronto, the forum…
EABC and AGRA to promote regional trade with new partnership
The East African Business Forum (EABC), in partnership with AGRA, has launched a new initiative called “Serving the East African Community in Agricultural Products Trade by Addressing Non-Taxable Businesses (NTBs)”.The…
Small business owners lament CBN’s new interest rate
Small business owners have lamented Central bank of Nigeria's new interest rate, describing it as unfortunate. They added that, due to the new interest rate, businesses will contract and downsize,…
