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Ecobank lifted sovereign holdings yet cut their share of total assets. Trade-finance growth and cheap deposits widened margins and lifted fee income. The move supports the bank’s Group Transaction ...
VFD plans to issue over 5 billion new shares to raise ₦50.67 billion ($32 million). Existing shareholders get priority: 2 new shares for every 3 held. Net profit jumped to ₦3.72 billion in H1 2025, up ...
Congo and Angola agree on technical rules for managing seven frequency bands along their 231 km border. The agreement includes limiting signal coverage to 1,000 meters beyond borders, banning ...
ZIOC revises its $1.9 billion investment plan to produce low-carbon iron pellets. Metallurgical tests confirm ability to produce DRI-grade concentrate for green steel. Project’s net present value ...
Kenya plans a new high-capacity airport as Jomo Kenyatta International exceeds its design limit. • The project aims to strengthen the country’s position as a major East African air hub. • Financing ...
Turkey’s TIGEM will develop a 500-hectare maize farm in Senegal under a public-private partnership. • The project will produce high-yield certified seeds and train farmers in modern techniques. • It ...
Airtel Africa, Vodacom Annouce Infrastructure Sharing Agreement Valid Across Three African Countries
Airtel Africa and Vodacom agreed to share infrastructure in Mozambique, Tanzania, and DRC to boost connectivity, pending regulatory approval. • The partnership aims to reduce costs, extend coverage to ...
Equity CEO mentioned Senate supports waiving share sale; but formal full law still pending. The 2022 law, plus the central bank rule, requires banks to cede stakes to local investors. The National ...
(HUAWEI)-On August 6, Gartner released the Magic Quadrant for Container Management 2025, positioning Huawei in the Leaders quadrant. This recognition is attributed to Huawei Cloud's deep expertise and ...
A historical partner of Côte Ouest, part of MEDIAWAN Africa, for over 25 years, Globo, will be alongside Côte Ouest for the second consecutive year at the 4th edition of MIP AFRICA, which will be held ...
FAO food price index rose 1.6% in July. Vegetable oils up 7.1%, meat index hit record. Cereals, dairy, sugar prices saw slight declines. Global prices for key food commodities rose in July, reversing ...
VFD Group plans ₦50.67B rights issue at ₦10/share. Shareholders offered two new shares for every three held. Funds to boost capital, expand operations, support growth. VFD Group, a Nigerian holding ...
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