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Mobile Money Agents Partner on Financial Inclusion

Mobile Money Agents Partner on Financial Inclusion

May 16, 2019

The Association of Mobile Money Agents in Nigeria (AMMAN) in collaboration with EcosaHybrid Network, recently held a capacity building workshop.

The aim of the workshop was to bridge knowledge gap among financial inclusion agents and other core stakeholders in the industry.
The focus, which was in the Northern part of the country,"...

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Algeria's cereal import bill down 24% in first quarter

Algeria's cereal import bill down 24% in first quarter

May 15, 2019

ALGIERS, May 14 (Reuters) - Algeria's spending on imports of cereals, semolina and flour fell 24% in the first quarter, official figures showed on Tuesday.

Algeria, one of the world's largest grain importers, has been trying to reduce purchases of food and other products in a bid to cut spending due to lower energy revenues.

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As Central Bank Moves to Finance Creativity

As Central Bank Moves to Finance Creativity

May 19, 2019

It’s a new dawn for the creative industry as the Central Bank of Nigeria makes funds available for creative persons, who genuinely seek financing to grow their businesses under its Creative Industry Funding Initiative, reports Bamidele Famoofo

Just like it did to farmers under its Anchor Borrowers’ Programme (ABP), where"...

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Competition Commission South Africa blocks Naspers acquisition of WeBuyCars

Competition Commission South Africa blocks Naspers acquisition of WeBuyCars

May 19, 2019

The Competition Commission South Africa has recommended to Competition Tribunal that the proposed acquisition of WeBuyCars Ltd by MIH eCommerce Holdings Ltd, an entity of the Naspers Group, be prohibited.

MIH eCommerce wishes to acquire 60% of WeBuyCars. MIH eCommerce is mainly an investment holding company and does not itself supply"...

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Africa50 launches Innovation Challenge to help increase access to internet in Africa

Africa50 launches Innovation Challenge to help increase access to internet in Africa

May 19, 2019

Africa50, the pan-African infrastructure investment platform, has launched the first edition of its Innovation Challenge at the 2019 Transform Africa Summit holding in Kigali.

Through this initiative, Africa50 will crowdsource innovative solutions to help increase access to high-speed internet in under-served areas in Africa.

...

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United Nations Development Programme and Global Environmental Facility partner with Nigeria to invest in food security

United Nations Development Programme and Global Environmental Facility partner with Nigeria to invest in food security

May 19, 2019

The Nigerian Government revealed that it has partnered with the United Nations Development Programme (UNDP) and Global Environmental Facility (GEF) to invest $58 million in food security projects in the country.

The partnership will facilitate the Integrated Approach Programme for value chain development in the Agric sector.

...

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