South Africas First National Bank (FNB) has introduced banking via social networking site Facebook
Finance
New mining fund committed to investing in Africa soon
The second New Africa Mining Fund (NAMF II) has said it will make its first investment in the African mining sector within three months
Swedish funds found for African online film distributor
Online distributor of African movies, Iroko Partners, has received US$2 million funding from a Swedish firm, which it has said it will use to take its service to cable and satellite TV partners in the US and Europe
Ecobank wins ‘best bank in Africa’ Euromoney award
Pan-African bank, Ecobank Transnational Incorporated, has been named the ‘best bank in Africa’ by international finance magazine, Euromoney, for the second consecutive year
Sudan puts economic hopes in US$1 billion sugar factory
Sudan has opened its long-awaited US$1 billion White Nile Sugar factory, which is expected to lift the country out of its current economic decline