African Development Bank and Portuguese-speaking countries sign declaration to spur economic development in Lusophone Africa

“Compact” seeks to attract increased private investment opportunities

The African Development Bank (www.AfDB.org) and the Community of Portuguese Language Countries (CPLP) have signed a Declaration to support the “Development Finance Compact for the Lusophone Countries of Africa”. Dr. Akinwumi Adesina, President of the African Development Bank and Maria do Carmo Silveira, Executive Secretary of CLPL, signed the agreement…

Africa50 Meeting: Kenyatta and Adesina call for accelerated private sector investment in infrastructure

Kenyatta announced Kenya would double its current shareholding investment in Africa50 to US$ 100 million

President Uhuru Kenyatta has made an urgent call for developing and funding bankable infrastructure projects to drive Africa’s growth agenda. In his keynote address at the Africa50 General Shareholders Meeting held in Kenya’s capital, Nairobi, President Kenyatta said support for bankable projects in energy, transport, ICT, water and sanitation provide…

Ecobank Transnational Incorporated announces the appointment of Patrick Akinwuntan as the Managing Director & Regional Executive - designate of Ecobank Nigeria

Patrick started his career with Ecobank, in 1996 as Head of Commercial Bank and Regional Head in Ecobank Nigeria

The Board of Directors of Ecobank Transnational Incorporated (ETI) (www.Ecobank.com) is pleased to announce the appointment of Patrick Akinwuntan as the Managing Director & Regional Executive - designate of Ecobank Nigeria, subject to applicable regulatory approvals.   Prior to this appointment, Patrick was the Group Executive, Consumer Banking responsible for leading the Consumer Banking business across Ecobank’s global network of 40 countries, 36 of which are in Africa. As a seasoned banker with over…

World Rugby Chairman Bill Beaumont predicts special Rugby World Cup Sevens 2018 as the stars are ready to shine in the Golden City

World Rugby Chairman Bill Beaumont is anticipating a compelling and very special tournament that will further rugby’s global appeal

On the eve of a ground-breaking Rugby World Cup Sevens 2018 in San Francisco, World Rugby Chairman Bill Beaumont is anticipating a compelling and very special event that will further rugby’s global appeal. The three-day, 40-team Rugby World Cup Sevens will be a competition of firsts – the first World…

South Africa: Nelson Mandela’s Legacy Still Reigns Supreme

As part of this year’s Mandela Day centenary celebrations, the Department: Trade and Industry (DTI) Disability Forum organised a trip for staff members to spend a portion of their day with kids from Sizanani Children’s

Legacy of the late struggle icon and former President of South Africa, Nelson Mandela still resonates in each one of us as we continue to imprint change to our communities. This was said by the Deputy Director-General of Group Systems and Support Services at the Department of Trade and Industry…

Basic Education Chairperson Saddened by Shooting of Learner at School

Committee Chairperson Ms Nomalungelo Gina condemned yesterday’s shooting and expressed concern that a firearm was used on the school grounds

The Chairperson of Portfolio Committee on Basic Education is shocked and saddened by the killing on Wednesday of a 17-year old Grade 10 learner on the Mokgolokwe Middle School grounds, near Batlaharo in the Northern Cape. According to media reports, a 38-year-old man has been arrested in connection with the…

Capital floods in for flourishing African fintech and payments sector

Financial transactions made via the internet or a mobile phone are expected to grow from US$200m at the moment to an eyewatering US$3bn by 2020

Close to US$100m of fundraising has been injected already in 2018 into Africa’s bourgeoning fintech and mobile payments sector, with a significant amount of capital still to be deployed this year, and prospects for the sector looking bullish, according to telecom, media and tech news and events company, TMT Finance…

UAE Exchange Rebrands its Rwanda Operations as Unimoni

The announcement was made in the presence of Kasangwa Chanthal, Executive Director - Operations Department, Central Bank of Rwanda, and other dignitaries, partners and guests

UAE Exchange, a leading global money transfer, foreign exchange and payment solutions brand, announced the rebranding of its Rwanda operations as “Unimoni”(www.Unimoni.com). The announcement was made in the presence of Kasangwa Chanthal, Executive Director  - Operations Department, Central Bank of Rwanda, and other dignitaries, partners and guests. Short for ‘Universal…

UAE Exchange Rebrands its Uganda Operations as Unimoni

Parent “Finablr” has announced plans to invest USD 100 million to expand its Africa operations over the next decade

UAE Exchange, a leading global money transfer, foreign exchange and payment solutions brand, announced the rebranding of its Uganda operations as “Unimoni”(www.Unimoni.com). The announcement was made by Promoth Manghat, Executive Director of Finablr and Group CEO, at an event held at Pearl of Africa Hotel in Kampala, in the presence…

South Africa: Address by the Deputy Minister of Higher Education and Training, Mr Buti Manamela, to the Higher Education And Training Hiv/Aids Programme (Heaids) Life Orientation Lecturer Certificate Ceremony

CEO of HEAIDS – Dr Ramneek Ahluwalia Senior officials from the DHET Officials from the SACPO, Umalusi and the NSF Officials from the GIZ HEAIDS staff Life Orientation Lecturers from our TVET colleges Good morning to you all. Today marks a milestone event and a very exciting one for me…