Western Union and KCB Group have announced the launch of an account-based money transfer service (ABMT) in East Africa, allowing customers to send and receive money from more than 200 countries around the world
Finance
Ugandan government addresses key areas in next year’s budget
The 2013-14 budget framework for Uganda is based on projections that the economy will grow at 5.6 per cent and gradually rise to seven per cent in the medium term of the year. (Image source: weesam2010)
The Ugandan government has announced in its 2013-2014 budget that it will allocate most of its resources into production-oriented activities in an attempt to boost the economy
Moroccan Infrastructure Fund quits profitable mine
Emerging Capital Partners (ECP) has revealed that the Moroccan Infrastructure Fund (MIF), which it co-manages with Attijari Invest, has exited its position in Osead Maroc Mining (OMM)
Establishing the African investment model
Hurley Doddy, co-CEO of Emerging Capital Partners, talks to African Review about the pan-African private equity companys aims in the years to come and looks back on a decade of successful investments made by the firm
CEC acquires stake in Nigerian energy company
The CEC is set to spend US$164mn in the acquisition of a 60 per cent shareholding in Nigerias Abuja Electricity Distribution Company. (Image source: World Bank Photo Collection)
The Copperbelt Energy Corporation (CEC) is set to invest US$164mn in the acquisition of a 60 per cent shareholding in Nigeria’s Abuja Electricity Distribution Company (AEDC), according to a statement issued in Lusaka recently
More Articles …
Most Read
The Carmix 3.5TT is renowned for its robust performance in concrete mixing. (Image source: Carmix)
Genuine Volvo Parts are specifically developed, tested and approved to get the very best results from your Volvo machine. (Image source: Volvo CE)
The transaction will give TotalEnergies an interest in hydropower projects in Uganda, Rwanda and Malawi. (Image source: Adobe Stock)
The initiative was unveiled at a meeting at the UIA head office. (Image source: UIA)
The project carries an estimated total cost of US$12bn. (Image source: The Republic of Ghana Presidency)
Latest news
GridOS deployed in a utility control room setting. (Image source: GE Vernova)
BOD3 3D Construction Printer with Material Delivery System Onsite. (Image source: COBOD)
Sub-Saharan Africa was the least connected region in 2023. (Image source: Adobe Stock)
Multiple variants of Grandoreiro are accounting for global banking trojan attacks across the world. (Image source: Adobe Stock)
The Menengai Geothermal Project will be developed in five phases with the goal of developing 465MW of geothermal steam equivalent. (Image source: GDC)
