In case it is absolutely necessary to lay off any staff, the express approval of the Central Bank of Nigeria shall be required. (Image source: dotun55/Flickr)
The Nigerian Central and the Bankers Committee has instructed that no members of staffs of banks (either full or part time) should be retrenched in spite of the COVID-19 negative effect on banking operating cost
There will be usual restrictions such as self-distancing, hand hygiene etc. (Image source: Bryn Pinzgauer/Flickr)
Nigerian Banks were given the green light to open from 4 May as the lockdown in Lagos and Ogun States and Abuja, imposed on 30 March to reduce the spread of COVID-19, is gradually eased
Cloud computing creates an opportunity for providers of financial services to rethink their technology spend and significantly reduce costs. (Image source: Genesis Analytics)
More than 700mn Africans lack access to a bank or mobile money account and only 41 per cent of Africans are financially included, according to the report Cloud Banking in Africa: The Regulatory Opportunity by Genesis Analytics and Orange Business Services
During the conditional non-debarment period, Zhongmei Engineering Group Limited remains eligible to participate in AfDB-financed projects provided it undertakes a corporate integrity compliance programme. (Image source: Blogtrepreneur/Flickr)
The African Development Bank (AfDB) has announced a 12-month conditional non-debarment of Zhongmei Engineering Group Limited, an engineering company registered in Uganda
Akinwumi Adesina is the president of the African Development Bank. (Image Source: Eric Roset/Flickr)
The African Development Bank’s (AfDB) ‘Fight COVID-19’ social bond was listed on London Stock Exchange on 3 April 2020
The Carmix 3.5TT is renowned for its robust performance in concrete mixing. (Image source: Carmix)
One of the new BYD electric buses serving Cape Town. (Image source: GABS)
An illustration of an electric application supported by a BESS powered by Volvo Penta’s subsystem. (Image source: Volva Penta)
SANY will introduce 11 electric machines to the European market for the first time, reinforcing its leadership in sustainable construction technology. (Image source: SANY)
Genuine Volvo Parts are specifically developed, tested and approved to get the very best results from your Volvo machine. (Image source: Volvo CE)
Wabtec and Rio Tinto SimFer reveal new locomotive to support Guinea’s largest mining infrastructure project. (Image source: Wabtec)
Improving telecom site power performance in Africa
AXIAN Energy breaks ground on 60MW solar project to boost clean energy and development in southern Senegal. (Image source: AXIAN Energy)
DP World unveils integrated logistics solution to help OEMs expand efficiently in sub-Saharan Africa’s auto market. (Image source: DP World)
PowerSwitch 7000 delivers reliable, intelligent power switching to ensure uptime for critical digital infrastructure worldwide. (Image source: Vertiv)
