Posted on April 4, 2017 by Guest Writer and saved under West Africa
In support of Ghana’s Vision 2020 goals, Mastercard has committed its support to helping the country develop a cashless economy, in furtherance of its push to be an economic powerhouse in Africa. This was highlighted during a recent discussion between Mastercard and Ghana’s new Vice President, Alhaji Dr Mahamudu Bawumia.…
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Posted on December 20, 2016 by Guest Writer and saved under TECH & INNOVATION, West Africa
Nigerian fintech startup Paystack, announced today that it has closed in on $1.3 million in seed investment. Co-founded by Shola Akinlade and Ezra Olubi, the funds will go to building out its engineering team in Lagos, Nigeria; grow sales and marketing operations; and accelerate product development and customer on boarding,…
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Posted on October 20, 2014 by Zimbabwe Investor and saved under AFRICA, HEADLINES, West Africa
Nigeria has been declared officially free of Ebola after six weeks with no new cases, the World Health Organization (WHO) says. WHO representative Rui Gama Vaz, speaking in the capital Abuja, said it was a “spectacular success story”. Nigeria won praise for its swift response after a Liberian diplomat brought…
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Posted on May 28, 2014 by Zimbabwe Investor and saved under HEADLINES, West Africa
Mauritius sugarcane firm Omnicane (MTMD:MP) is set to invest USD250 million into sugarcane plantations in northern Ghana, creating 2,000 jobs and boosting income in the impoverished region. A factory with an annual production capacity of 100,000 tonnes of refined sugar is expected to be established in the country. Ghana consumes…
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Posted on May 12, 2014 by Zimbabwe Investor and saved under HEADLINES, West Africa
AFRICA (Zimbabwe Investor) – Heineken N.V. has filed a pre-merger notification with the Nigerian Securities and Exchange Commission notifying the intention of their majority owned subsidiaries Nigerian Breweries and Consolidated Breweries to merge their two businesses. “The proposed merger is based on a significant and compelling strategic rationale and will…
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Posted on September 25, 2013 by Zimbabwe Investor and saved under West Africa
Despite the efforts to diversify the economy and attract investors by the Jonathan administration, Nigeria is still lowly ranked in the Global Competitive Index (GCI) 2013 -2014 released Wednesday by the World Economic Forum. Nigeria dropped five places from last year’s 115th position to 120th among the 148 countries profiled.…
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Posted on March 23, 2013 by Zimbabwe Investor and saved under AFRICA, Economics, West Africa
The World Bank has placed Nigeria at 131st position out of 183 countries in the world assessed on the basis of ‘ease of doing business’, 2013. The ranking places Nigeria’s neighbouring country, Ghana, at 64th position, which entails 67 places ahead of Nigeria. It is against this backdrop that the…
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