An announcement made at the World Satellite Business Conference revealed that Spacecom, operator of the AMOS satellite fleet, has been awarded 2011 best regional satellite operator
Finance
AfDB invests US$65 million in science and technology projects
AfDB will run courses at the University of Ibadan. (Image source: Michael Sean Gallagher/Flickr)
The African Development Bank (AfDB) recently announced that it has invested US$65mn in science and technology-related projects in Nigeria
Nigeria Flour Mills to merge with Bagco and Bagco-North
The merger between the three companies will see Flour Mills Nigeria Plc as the surviving entity. (Image source: Flour Mills Nigeria Plc)
Flour Mills of Nigeria has proposed a merger deal with Nigerian Bag Manufacturing Company (‘Bagco’) and Northern Bag Manufacturing Company (Bagco-North)
Bharti Airtel and Sanlam to distribute financial products across continent
Bharti Airtel has entered into an agreement with South African financial services group, Sanlam, for the distribution of insurance and health funding products across Africa
FX prudence "vital" despite BRIC nations boosting African currency
After decades of stagnation, trade between Africa and the rest of world is finally booming. But it is the fast-growing BRICs (Brazil, India, Russia & China) who are the main drivers of this recent surge, rather than the more developed western nations writes Alistair Cotton, senior analyst at Currencies Direct
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The project carries an estimated total cost of US$12bn. (Image source: The Republic of Ghana Presidency)
The initiative was unveiled at a meeting at the UIA head office. (Image source: UIA)
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