The Nigeria Stock Exchange (NSE) Insurance Index, which tracks insurance stocks, recorded the highest gain of 29.77 percent in January 2021 as insurers rallied on the back of suspension of the insurance industry recapitalisation exercise. The federal government had in December 2020, through the National Insurance Commission (NAICOM), suspended the...
Universal Merchant Bank (UMB) has signed an agreement with the National Association of Registered Midwives, Ghana (NARMG) to offer its members loan facility up to GHS150,000 which will be spread over a period of 48 months. The newly introduced UMB Controller Loan product for the NARMG will be at a...
African Export-Import Bank (Afreximbank) has approved US$70 million to finance the expansion and upgrade of the Beitbridge border post in Zimbabwe. The Bank authorised a US$43 million senior term loan facility to Zimborders Mauritius Ltd and the issuance of an Investment Guarantee of US$27 million supporting Pembani Remgro Infrastructure Fund to...
The ECOWAS Bank for Investment and Development (EBID) has granted a line of credit of 10 million Euros to Vista Bank Guinea to support the financing and promotion of SMEs and SMIs in the Republic of Guinea. The facility agreement was signed by Dr. George Agyekum Donkor, President and Chairman...
The Musicians Union of Ghana (MUSIGA) is launching a new campaign to support national efforts to curb the spread of COVID-19. The campaign is supported by the Ministry of Information, the National Commission on Culture, United Nations Educational, Scientific and Cultural Organization (UNESCO), the and Economic Commission of West...
- Empress Marina Blake to Rastafari and Africans Empress Marina M Blake, President of the Haile Selassie Foundation for Law and Society is challenging Rastafari and all Africans to concentrate on building stable, functional families in our quest to build a strong nation. She said this in her keynote address at...
To set the context right, the Cocoa-Chocolate industry is worth US$131bn yet when you break it down, the smallholder cocoa farmers who own est. 4,500,000 cocoa farms in the world with over 36,000,000 dependents are given only 6% to 6.6% of the industry’s ever-growing annual worth/value to share, whereas...
After a year of consistently supporting Micro, Small and Medium Enterprises (MSMEs), the National Board for Small Scale Industry (NBSSI) now known as the Ghana Enterprise Agency (GEA), believes it has enough data to draft deliberate plans to accelerate the growth of businesses. Kosi Yankey-Ayeh, the agency’s Executive Director said...
Enterprise Life Assurance Company (Nigeria) Limited, a few months after receiving its operating licence from the National Insurance Commission (NAICOM), has opened its doors to the general public. It will be recalled that in November 2020 the company, which is a subsidiary of Enterprise Group PLC with headquarters in...
Increases in global development and international populations have put bigger demands on trade, and in turn ports and shipping. To manage the boom, ports are improving operations and efficiency with automation, powered by 5G-ready private cellular networks. For our newest report, we collaborated with experts to detail the connected...