Finance

AfDB announces new appointments for Africa region

TshabalalaThe African Development Bank Group (AfDB) has announced two new appointments, Bajabulile “Swazi” Tshabalala as the new vice-president for finance and chief finance officer and Dr Kapil Kapoor as the director general for southern Africa regional development and business delivery office

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‘Boosting pharmaceutical sector crucial for Africa’s growth’

PharmaceuticalsThere is an urgent need to develop the pharmaceutical sector in Africa to reduce the continent’s dependence on imported pharmaceutical and medical products, said Economic commission for Africa’s (ECA) Soteri Gatera

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China, Uganda pledge to deepen bilateral cooperation

foreign minChina is ready to deepen friendly and mutually beneficial cooperation in various fields with Uganda in an all-around way, said Chinese President Xi Jinping during his meeting with Ugandan counterpart, Yoweri Museveni, on the sidelines of the 10th BRICS summit held in Johannesburg on from 25-27 July 2018

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Somalia and Eritrea to restore diplomatic relations

Mohamed Abdullahi MohamedSomalia and Eritrea have signed a joint declaration to restore diplomatic ties after a decade of animosity

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Fidelity Bank and WorldRemit to speed up instant money transfers to Nigeria

worldremit 30Leading digital money transfer service WorldRemit has joined forces with Fidelity Bank, one of Nigeria’s top financial services providers, for instant money transfers to four million Fidelity Bank accounts in Nigeria

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