Year 6 | Edition 5 | 12 February 2019
 

[Angola] BPC announces lending to new companies

The president of the Board of Directors of the Savings and Credit Bank (BPC), Alcides Safeca, has announced the granting of credits to potential entrepreneurs that guarantee a lower risk of default later this year .

Speaking at a meeting with local businessmen, the official said that the bank intends to adjust to the needs of the business class, which is why it will work to optimize operating costs, aiming to carry out its tasks smoothly, especially with...

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[Kenya] CMA publishes first State of Corporate Governance Report

The Capital Markets Authority (CMA) has published the first State of Corporate Governance Report based on an assessment of 56 issuers of securities to the public in 2017/18. The report is aimed at raising visibility of the state of corporate governance of issuers of securities to the public in Kenya in order to empower investors and respective boards to encourage continuous improvement in practices.

The report follows the evaluation of the first set of regulatory reports submitted in accordance with the Code of Corporate Governance Practices for Issuers of Securities to the Public, 2015 (the Code), which became effective in March 2017...

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[South Africa] A2X approved to secondary list ETFs and ETNs

A2X has been authorised to secondary list exchange traded funds (ETFs) and exchange traded notes (ETNs) on its platform.

“We are pleased to announce that our application to extend our licence to include the secondary listing and trading of ETFs and ETNs, a high growth segment of the market, has been approved by our dual regulators, the FSCA and the Prudential Authority,” said Kevin Brady, CEO of A2X...

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[Interview] Esther Dumbiri, Managing Director, SHTL Publishing, Nigeria

Esther Dumbiri put her talent with words and colors to good use by starting a publishing firm over a decade ago, a firm that has grown in leaps and bounds.

Could you introduce your company?

With a keen eye for spotting errors and a passion tell people's stories, I founded a Prints and Publishing firm over 12 years ago, where our love for pristine quality editorials, designs, prints and satisfied authors keeps me going back to work every day.  SHTL Publishing is an imprint of Sapient...

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African CEO's wanted for interviews!
Africa Business Communities is conducting a series of interviews with African CEO's and CEO's of companies doing business in Africa...

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News Headlines

Nigeria’s Access Bank raises $ 41million in Africa’s first corporate Green Bond 22-03-2019 | 10:09:00
Nigeria’s Access Bank Plc has issued the first certified corporate green bond in Africa, raising Nira 15 billion (US$ 41 million).


Bank of Zambia, FSD Africa and FSD Zambia partner for second phase of Credit Market Monitoring Programme 22-03-2019 | 07:52:45
The Bank of Zambia partnered with FSD Africa and FSD Zambia to implement the second phase of its Credit Market Monitoring Programme (CMMP).


Qatar Airways suspends flights to Khartoum Sudan 22-03-2019 | 07:39:17
Qatar Airways has announced the suspension of its operations to the Sudanese capital Khartoum effective April 1, 2019, according to a statement issued by the airline.


FSD Africa and Equity Bank Congo target one million people in financial inclusion drive 21-03-2019 | 09:54:00
Farmers, youth, women and small businesses in the Democratic Republic of the Congo will gain better access to financial services following the launch of a new project between FSD Africa and Equity Bank Congo.


[South Africa] Kananelo Makhetha appointed Club Travel Corporate CEO 21-03-2019 | 09:49:24
Club Travel Corporate, a division of the Thebe Tourism Group, has announced the appointment of Kananelo Makhetha as its new CEO.


[South Africa] Small Scale Fisheries Sector launches in Kwazulu Natal 21-03-2019 | 09:01:00
The Department of Agriculture, Forestry and Fisheries has launched the Small-Scale Fisheries Sector in KwaZulu-Natal, South Africa.


FTI Consulting strengthens economic consulting segment in South Africa 21-03-2019 | 07:36:00
FTI Consulting has announced the continued growth of its South African practice with the addition of a team of eight experts from Econex, a leading trade, competition and applied economics consultancy firm.


AfDB Multi-Partner Somalia Infrastructure Fund to receive €1 million from Italy 21-03-2019 | 07:19:00
The Italian Government has signed an agreement for an additional €1 million contribution to the AfDB Multi-Partner Somalia Infrastructure Fund.


Kenya to benefit from Kshs 3.8B Coca-Cola fund to fight plastic waste pollution 21-03-2019 | 06:48:10
Kenya will benefit from US$38 million (approx. Kshs 3.8 billion) fund by the Coca-Cola Company to stimulate plastic recycling industries.


South Africa cosmetics manufacturers ready to meet the export demand 21-03-2019 | 06:05:00
South African small business manufacturers in the cosmetics industry would do well in international markets and meet the high export demand as their products are of high quality and affordable, according to CECOSA Executive Director.


[Kenya] Cytonn and SBM Bank sign $ 6.5 million loan facility towards completion of a residential mixed use development 20-03-2019 | 13:21:00
Cytonn Investments,has signed a $ 6.5 million loan facility with State Bank of Mauritius, SBM Bank Kenya, as it seeks to bring in long-term debt to complement its private markets funding.


Ethiopian Airlines set to introduce direct flights to Istanbul 20-03-2019 | 13:03:35
Ethiopian Airlines, the largest Aviation Group in Africa and SKYTRAX certified Four Star Global Airline, has finalized preparations to launch a direct thrice weekly flight to Istanbul, Turkey.


Heineken opens $100 million brewery in Mozambique 20-03-2019 | 10:50:00
Dutch brewing company Heineken Has unveiled its first brewery in the district of Maputo, Mozambique.


Hershey unveils plans to restore forest cover in cocoa growing regions of West Africa 20-03-2019 | 10:45:00
Global chocolate manufacturer The Hershey Company has announced plans to protect forests and restore forest cover in the cocoa growing regions in West Africa.


AfDB, Portugal and Mozambique sign Lusophone compact to accelerate private sector development 20-03-2019 | 08:24:10
The African Development Bank and the governments of Mozambique and Portugal have signed a Mozambique-specific Memorandum of Understanding for the implementation of the Lusophone Compact.


 


 
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