The African Development Bank (AfDB) recently announced that it has invested US$65mn in science and technology-related projects in Nigeria
Finance
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
Stanbic Bank Ghana seals US$21 million deal with Fuel Trade Limited

Fuel Trade Limited plan to construct an 80,000 metric tonnes facility for fuel storage tanks. (Image source: Stanbic Bank)
Stanbic Bank Ghana Limited has announced it has signed a US$21mn deal with petroleum products distributor, Fuel Trade Limited, to design fuel storage tanks in the Tema region of Ghana