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The Islamic Corporation for the Development of the Private Sector (ICD) and the Eastern and Southern African Trade and Development Bank (PTA Bank) sign a MoU to facilitate financing and investment project


The MoU envisages bilateral cooperation between ICD and PTA Bank in order to promote and facilitate the execution of their respective mandates through financing and investments in their common member countries A Memorandum of Understanding (MoU) was signed between, the Islamic Corporation for the Development of the Private Sector (ICD) …

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Marriott International debuts First Hotel in West Africa with Sheraton Grand Conakry


Sheraton Grand Conakry Joins Brand’s Premier Tier of Best-in-Class Hotels Around the World Sheraton Hotels & Resorts (www.StarwoodHotels.com/sheraton), part of Marriott International, Inc. (NASDAQ:MAR) (www.Marriott.com), today announced the debut of Sheraton Grand in Africa with opening of Sheraton Grand Conakry (www.SheratonGrandConakry.com), welcoming it to the brand’s premier tier of hotels …

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Novartis launches SMS for Life 2.0 in Nigeria to help improve Access to Essential Medicines


The program aims to increase the availability of essential medicines and improve care for patients across the region by using simple, available, and affordable technology SMS for Life 2.0 launches for the first time in Kaduna State, Nigeria’s third most populous region, in collaboration with the Kaduna State Ministry of …

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Self-Employment in the Digital Age: Sellers and Consultants report a Happy Jumia Black Friday 2016


More than 13,000 sellers on the Jumia platform participated in Jumia Black Friday offering up to 70% discounts The 2016 edition of Jumia Black Friday may have come and gone, but the excitement and taste of success still lingers for the sellers, sales agents and community of entrepreneurs who experienced …

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Burkina Faso by far exceeds its objectives for its development plan


President Roch Marc Christian Kaboré PARIS, France 9th December 2016, -/African Media Agency (AMA)/ – The President, His Excellency Roch Marc Christian Kaboré, and the government of Burkina Faso, managed to mobilise almost 28 billion euros (18,500 billion CFA francs) within the framework of the conference of partners for the …

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The African Development Bank (AfDB) appoints MCB Investment Management as Fund Manager for its first Fixed Income Exchange Traded Fund (ETF) in Africa


The ETF will be invested in both government and corporate bonds, and will initially be listed on the Stock Exchange of Mauritius The African Development Bank (AfDB) (AfDB.org) has appointed MCB Investment Management (MCBIM) (MCBCapitalMarkets.mu), a subsidiary of MCB Capital Markets, as Fund Manager for its first multi-jurisdictional Fixed Income …

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IGAD Regional Capacity Enhancement Initiative Concludes Annual Review Workshops


Participants in the review workshops, which took place in Juba throughout November and December, included the “twins,” the CSSOs, as well as their supervisors The Inter-Governmental Authority on Development (IGAD) Regional Initiative for Capacity Enhancement in South Sudan, commonly referred to as the “IGAD Regional Initiative” finalized yesterday a series …

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