Finance

NEXIM granted US$302,000 for maritime project in Nigeria

(Left) Suleiman Shuaibu, acting DG of the Directorate of Technical Cooperation in Africa (DTCA), Ousmane Dore, resident representative, African Development Bank Group, Nigeria country office; and Roberts Orya, CEO of NEXIM. (Image source: NEXIM)

The Nigeria Export-Import Bank (NEXIM) has signed an agreement for a financial grant worth US$302,000 under the Nigerian Technical Cooperation Fund (NCTF) to establish a regional maritime company

First Bank of Nigeria completes acquisition of FBN Bank DR Congo

There are more than 35 branches of First Bank in DR Congo. (Image source: First Bank of Nigeria)

First Bank of Nigeria has completed the acquisition of FBN Bank DR Congo, as part of plans to expand its presence in Africa

Orange and Ecobank launch money transfer service in Africa

The partnership between Ecobank and Orange is intended to enhance ease of transactions in Africa. (Image source: Ken Banks/Flickr)

Telecom company Orange and Africa’s Ecobank have launched a money transfer service between Orange Money accounts and Ecobank accounts in Africa

Acting for infrastructure and institutions

The Ebola disease has affected economic activity across West Africa. (Image source: Medici con lAfrica Cuamm)

The road ahead for entities supporting the recovery and development of Ebola-affected countries

Mauritian government lays out public utility reforms for 2015

The Bagatelle Dam is scheduled to be completed in 2015, and a new dam is expected to be built at Rivière des Anguilles. (Image source: Bauer)

The government of Mauritius has laid out reforms to be implemented in public utility sectors from 2015 to 2019, especially in water, electricity and waste management

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