Exxon Mobil plans to quit business in Europe and sell off assets in Asia and Africa.
Exxon Mobil is about to make its biggest assets sale for decades. The multinational Oil and Gas company in a bid to free up cash; has put up oil and gas fields in Europe, … Read More
Welcome to the era of MADE IN AFRICA.
Yes!!! Rwanda is changing the narrative of Africa. Smartphones in Africa will soon lose its “Made in China” label; as Rwanda recently launched Africa’s first ever smartphone manufacturing plant in Kigali.
In a bid to focus on ICT and also becoming a … Read More
Botswana celebrates its 53 years of independence from Britain.
The Republic of Botswana, a land-locked country in the southern part of Africa bordered by South Africa, Zimbabwe, Zambia, and Namibia; celebrated its 53 years of Independence on the 3oth of September 2019. Formerly known as the British protectorate of Bechuanaland; … Read More
Tunisia secures US$335m financial aid from U.S to maintain its democratic transition.
Just barely a month after the death of Tunisia’s 92-year old President, Beji Caid Essebsi; who was also a major player in the country’s transition to democracy. The North African country, Tunisia have now reached an agreement … Read More
MTN Nigeria Plc is sure giving Dangote Cement a run for its money as they battle for number one spot on the Nigeria Stock Exchange (NSE)
Prior to the listing of MTN Nigeria Plc on the Nigerian Stock Exchange (NSE); Dangote Cement had remained unchallenged as the biggest company on … Read More
Olam International Offers N120 billion to buy Dangote Flour Mills Plc
Africa’s richest man Aliko Dangote; two(2) years after selling Dangote Noodle Plants to his rival pasta maker De-United Foods Industries for N3.75 billion (US$12.26 million); have recently also put up for sale Dangote Flour Mills (DFM) Plc; the flour … Read More
Why are they going back to their old railways after their agreement and ambitious plans for East Africa’s Standard Gauge Railway network.
In August 2013 the Presidents of Kenya, Rwanda and Uganda signed a Tripartite Agreement; for the development and operation of a 1,500km-long joint Standard Gauge Rail (SGR) system; … Read More
Dangote Refinery may lead to the sale of NNPC refineries in the long run
Dangote Group’s, President and Chief Executive Officer, Aliko Dangote while speaking at the Nigerian National Petroleum Corporation (NNPC) headquarters; have said that 53% of Dangote refinery’s capacity upon its completion will be dedicated to petrol production.… Read More
MTN Nigeria Plc’s new set of board members made up of highly experienced professionals who will revolutionize the telecom sector.
MTN Nigeria Plc by September 2, 2019 will be having an entirely new set of Board members; The new board will be led by former Executive Chairman, Nigerian Communications Commission … Read More
Congratulations to Airtel Africa as they successful listed on the Nigerian Stock Exchange (NSE) on Tuesday 9th July, 2019.
Recently there seems to be a craze to list on the Nigerian Stock Exchange (NSE) especially by companies in the Telecoms Sector. First, it was MTN Nigeria and now Airtel Africa … Read More
Times are changing, are you ready for the opportunities of Tomorrow?
The only thing that is constant in life, they say is change. In a world that is ever changing and with the advent of technology that is currently disrupting various industries across the globe; are you ready to weather … Read More
Story so far… on Airtel Nigeria’s listing process on the Nigerian Stock Exchange (NSE)
On Friday, 5th July 2019 the planned listing of Airtel Nigeria on the Nigerian Stock Exchange (NSE) market was postponed. According to NSE’s statement, the postponement was to make sure the telecommunications company Airtel Nigeria; meet … Read More
President Buhari’s new cabinet and the looming National Assembly strike
Welcome to July, which begins the second half of 2019. The seventh month of the year, which is considered by many as the month of perfection; will indeed bring good tidings for Nigerians. Unlike in 2015 where the Buhari led … Read More
NNPC now has a new GMD and a new acting Chairman.
The Nigerian National Petroleum Corporation (NNPC) recently had series of changes in its various management positions. The National Oil firm NNPC now has a new GMD and a new acting Chairman.
Nigeria’s President, Muhammadu Buhari recently appointed Mr. Mele … Read More
AfDB to finance South Sudan water and sanitation project with US$24.7m
To support a developmental project in South Sudan, African Development Bank (AfDB) board of directors have approved a commitment of US$24.7m. The project receiving AfDB finance is titled South Sudan Strategic Water Supply and Sanitation Improvement Project.
The project … Read More
FIDIC to celebrate its members via the FIDIC Member Association Excellence Awards
In a bid to recognise, reward and highlight the achievements and also the successes of its international Member Associations in representing the global consulting industry; The International Federation of Consulting Engineers (FIDIC) is introducing the new FIDIC Member … Read More
Otedola sells Forte Oil Plc and focuses on Geregu Power Plc
Nigerian billionaire who was the Chairman and majority shareholder in Forte Oil Plc, Mr. Femi Otedola, recently sold his entire 75% shareholding in the company. The former Chairman of Forte Oil Plc, Mr. Otedaola had earlier announced in December … Read More
Airtel Nigeria officially applies to be listed on Nigeria Stock Exchange (NSE)
Just a month after MTN Nigeria successfully received SEC’s approval for its NSE listing and also registered 20.345bn ordinary shares; Airtel Nigeria, have also officially applied to follow in the same process.
According to reports, one of Nigeria’s … Read More
Kenya adjusts to accommodate new currencies
Just like Ghana in 1982, Nigeria in 1984 and India in 2016; Kenya have recently issued and also unveiled a new generation of currency notes. The East African country unveiled the new bank notes on Saturday (June 1, 2019); during the 56th Madaraka Day … Read More
Highlights of interesting activities at the Fidic-Gama 2019 conference in Kampala Uganda.
The 26th FIDIC-GAMA Infrastructure Conference in Kampala Uganda was littered with lots of interesting activities. The 3 days (12th – 14th May 2019) International conference organized by the Uganda Association of Consulting Engineers (UACE) and … Read More