Source: European Investment Bank (EIB) |

European Investment Bank (EIB) and International Monetary Fund (IMF) join forces to build capacity on financial inclusion and stability in Africa

The EIB will contribute with EUR 3m to IMF economic institutions, namely the African Regional Capacity Development Centers (AFRITACs) and the Financial Sector Stability Fund (FSSF)

EIB and IMF establish a new Capacity Development Partnership to promote financial inclusion and stability in Africa EIB will support IMF capacity development activities with EUR 3m until the end of 2020 EIB and IMF to launch online course on financial intermediation and inclusion Today, the European Investment Bank (EIB),…

Source: Department for International Development (DFID) |

Trade ministers welcome £140 million investment in Nigeria and Pakistan

New British business investment in Nigeria and Pakistan will boost jobs and economic development in the Commonwealth's growing market

The new investments were announced as Pakistan and Nigeria joined 53 nations in London for the Commonwealth Heads of Government Meeting (CHOGM), with the benefits of intra-Commonwealth trade high on the agenda. New investment Global consumer brand Unilever will invest £86 million in new manufacturing capacity at its 4 factories…

Source: European Investment Bank (EIB) |

European Investment Bank and African Development Bank to support private sector investment in Nigeria with Development Bank of Nigeria backing

The European Investment Bank has finalized a US $20-million equity stake in the new financing institution, alongside US $50-million equity participation from the African Development Bank

The European Investment Bank and the African Development Bank have agreed to support the creation of the new Development Bank of Nigeria to strengthen lending for business and agriculture investment in the country. The European Investment Bank has finalized a US $20-million equity stake in the new financing institution, alongside…

Source: Republic of South Africa: The Presidency |

President Cyril Ramaphosa Assures Investors South Africa is Creating an Enabling Environment for Investment

Government is initiating measures to set the economy on a new path of growth, employment and transformation

President Cyril Ramaphosa told investors and business leaders that South Africa is on the road to economic recovery as government is creating an enabling environment to boost investor confidence. President Ramaphosa spoke in various engagements in London yesterday, Wednesday, 18 April 2018, including the Commonwealth Business Forum’s African Leaders’ Roundtable,…

Arabian Hotel Investment Conference (AHIC)
Source: Arabian Hotel Investment Conference (AHIC) |

Record attendance at the 14th edition of the Arabian Hotel Investment Conference (AHIC) held for the first time in Ras Al Khaimah

His Highness Sheikh Saud Bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, and His Excellency Mohamed Alabbar, Founder & Chairman, Emaar Properties, officially opened the 2018 Arabian Hotel Investment Conference (AHIC) in presence of AHIC’s Co-host and Founding Patron, His Highness Sheikh Ahmed bin Saeed al Maktoum, Chairman of Dubai Airports, President of Dubai Civil Aviation Authority and Chairman and CEO of Emirates Airline and Group, and Haitham Mattar, CEO of Ras Al Khaimah Tourism Development Authority

The Arabian Hotel Investment Conference 2018 (AHIC) (www.ArabianConference.com) is officially underway at the purpose-built AHIC Village on the beach of the Waldorf Astoria in Ras Al Khaimah following the official opening ceremony this morning, with a record number of registered delegates from the regional and global hospitality investment industry. Now…

Source: SunTrust Bank Nigeria Ltd |

SunTrust Bank Nigeria has been granted 2 certifications today

These certifications are in line with our ethos of securing our systems against cyber threats and a proof of our commitment to provide maximum protection for our client’s data

1. ISO/IEC 20071:2013 Certification by the Professional Evaluation and Certification Board (PECB) Canada, a certification body and leading organization in audit management, systems and processes. 2. Payment card industry data security standard (PCIDSS) by Digital Jewels, an Information Value Chain Consulting and Capacity Building Firm with a focus on IT…

Source: The Department of Trade and Industry, South Africa |

South Africa film and television industry continues to attract foreign direct investment

The Chief Executive Officer of the Cape Town Film studios, Mr Nico Dekker said since December 2010 the direct investment and economic impact of productions hosted by the studios led to 47 044 jobs being created and the South African production expenditure amounted to R2 billion in the same period

The South African Film and Television Industry continues to attract Foreign Direct Investment from Hollywood’s major studios and creating employment for the services sector despite the economic challenges that South Africa experiences. This was said by the Acting Chairperson of the Portfolio Committee on Trade and Industry, Mr Adrian Williams…

Embassy of the Federal Republic of Germany - Tanzania
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Source: Embassy of the Federal Republic of Germany - Tanzania |

Boost for German-Tanzanian business and investment ties

Official inauguration of the Tanzanian Office of the Delegation of German Industry and Commerce in Dar es Salaam (AHK)

To promote and facilitate business relations between Germany and Tanzania, the Association of German Chambers of Commerce and Industry (DIHK), on April 16 officially opened an office in Dar es Salaam under the name of “AHK Services Eastern Africa Ltd.” The office will foster German-Tanzanian trade relations and be a…

Source: British High Commission - Yaounde |

Cameroon: UK's Actis to build Douala Grand Mall and Business Park

The laying of the foundation stone took place at the Douala project site in the presence of British High Commissioner to Cameroon and the Minister of Commerce

The British High Commissioner to Cameron, H.E. Rowan Laxton, and Mr. Luc Maglire Mbarga Atangana, Cameroon’s Minister of Commerce and personal representative of the Head of State, on the 11th of April 2018, laid the foundation stone for the construction of the Douala Grand Mall and Business Park. The $200…

Source: The Department of Trade and Industry, South Africa |

The Department of Trade and Industry (the dti) and the High Commission of India in Pretoria to Host India-South Africa Business Summit

The Business Summit will be held on 29-30 April 2018 at the Sandton Convention Centre, Johannesburg and seeks to maximise the potential of the economic and commercial partnership between South Africa and India leveraging both the 'Invest SA' and Invest India

The Department of Trade and Industry (the dti) in partnership with the High Commission of India, Ministry of Commerce and Industry of India,  Invest India, the Confederation of Indian Industry, and the Federation of Indian Chambers of Commerce and Industry will host the India-South Africa Business Summit under the theme “United by Legacy,…