THE African Export-Import Bank (Afreximbank) has announced a $40 million disbursement from its intra-African investment facility to Fidelity Bank Nigeria Plc. This funding will support Fidelity Bank’s acquisition and recapitalisation of Union Bank UK, aligning with its international expansion strategy.…
While artificial intelligence (AI) use cases are growing at an unprecedented rate, expert information is scarce for pioneering data centres. Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, recognises this knowledge gap and the urgency of accessing…
THE African Development Bank (www.AfDB.org) has appointed Chioma Angela Onukogu as the Director of Board Affairs and Proceedings in the Office of the Secretary General and the General Secretariat, effective 16th April 2024. Onukogu, a Nigerian national, brings over 25…
The AEW Town Hall – a central stage dedicated to high-level discussions on industry issues and country-specific investment opportunities – will be a key component of the upcoming African Energy Week (AEW): Invest in African Energy 2024 conference. The platform…
In the massive ruins of the nation’s economy, it will be self-abnegation not to acknowledge the fact that the rejection of N62,000 or N100,000 minimum wage by the organized labour unions is a direct gloomy recipe for economic disaster for…
VODAFONE has successfully landed the 2Africa cable in Bude, a town in Northern Cornwall, UK. The 2Africa cable is the world’s largest fibre-optic cable system and will connect Africa, Europe, and significant parts of the Middle East and South Asia…
AN aircraft carrying Malawi’s Vice-President Saulos Chilima and nine others has gone missing, according to a statement from the president’s office. The Malawi Defence Force aircraft ‘went off the radar’ after departing from the capital, Lilongwe, on Monday morning. The…
MALAWI’S Vice President Saulos Klaus Chilima and nine others on board a military aircraft that went missing on Monday were killed in a plane crash, President Lazarus Chakwera confirmed on Tuesday. Flight details and disappearance The aircraft carrying Chilima, 51, departed from…
Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, has written to the Head of Service of the Federation, Dr. Folasade Yemi-Esan, over alleged sexual harassment of a married staff member by the Permanent Secretary in the ministry. The complaint was…
FOLLOWING South Africa’s historic 2024 general election, the ruling African National Congress (ANC) has started a process to establish a government of national unity. This, after it lost its parliamentary majority. As a political scientist, I believe that five political parties, including those with…
