Category: Business & Financial

Afreximbank urges prioritisation of export trading companies to drive African small and medium enterprises (SME) participation in global trade

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The African Export-Import Bank (Afreximbank) has called on African countries to prioritise the development of public and private export trading companies (ETCs) in order to position the continent’s small and medium enterprises (SMEs) to participate effectively in global trade. In an address to the Africa International Exhibition, which opened yesterday on the sidelines of the […]

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Passengers celebrate as Lagos metro rail project begins operations

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Lagos, Nigeria’s commercial hub, has initiated commercial operations for its long-awaited Blue Rail Line project. Governor Babajide Sanwo-Olu and local officials celebrated the launch, offering hope for alleviating Lagos’ notorious traffic issues. The rail system aims to serve 250,000 daily riders, reducing travel time along the Mile 2-Marina corridor. Lagos, with its population exceeding 20 […]

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BRICS admits six new members as bloc seeks bigger say in global affairs

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The Brics (Brazil, Russia, India, China, South Africa) summit in Johannesburg revealed a significant expansion of the bloc by six new members, effective from January. Iran, Argentina, Egypt, Ethiopia, Saudi Arabia, and the United Arab Emirates will join the group to enhance its global influence, as stated by South African President Cyril Ramaphosa. Chinese President […]

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British High Commissioner joins Bawumia open new Tamale International Airport

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Vice President Dr. Mahamudu Bawumia inaugurated the new Tamale International Airport in the presence of British High Commissioner to Ghana, Harriet Thompson, UK’s Department for Business and Trade’s Country Director Giselle Agyare, and UK’s Northern Ghana Attaché, Paul Edwards. This UK-supported infrastructure project, facilitated by UK Export Finance (UKEF), aims to enhance connectivity in Ghana […]

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BRICS Summit Focuses on building mutual financial system

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The Brazil India China South Africa Summit has sparked discussions about easing regulations that hinder the bloc’s aim to establish a new currency. This BRICS currency is anticipated to bolster trade within the nations, especially benefiting small businesses. President Cyril Ramaphosa of South Africa emphasized the importance of a predictable global payment system, smooth financial […]

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Elites in Nigeria are astounded by Caveman Watches’ EMY Africa Awards-branded custom watches.

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At the EMY Awards 2023 Soiree in Lagos, Caveman Watches, Africa’s leading emerging luxury brand, stepped into the spotlight by creating custom timepieces for the distinguished winners, including Richard Mofe Damijo (RMD), Don Jazzy, Tony Elumelu, and other astute individuals.Anthony Mensah Dzamefe, the multi-award-winning businessman who founded Caveman timepieces, has designed personalized timepieces that reflect […]

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Boston IT Solutions South Africa partners with Liquid C2 to deploy Azure Stack infrastructure across Africa

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Boston IT Solutions South Africa, a business of Boston Limited (Boston) is pleased to announce a partnership with Liquid C2, a business of Liquid Intelligent Technologies (Liquid) (https://www.Liquid.Tech), to provide them with a turnkey solution to deploy hybrid cloud infrastructure on the African continent. The first of these centres will be launched in Zambia, enabling […]

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India commits $2 million as new partner in Africa Digital Financial Inclusion Facility to boost digital financial inclusion across Africa

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The Indian government will contribute $2 million to the Africa Digital Financial Inclusion Facility (ADFI) (https://apo-opa.info/3OqWehA), housed and managed by the African Development Bank (www.AfDB.org), affirming its commitment to help break down barriers to the growth and uptake of digital financial solutions and accelerate financial inclusion in Africa. Globally recognised for the success of its […]

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