30 results
- 19 Jan 2018
Nigeria Offers to Host African Development Bank’s Regional Hub
Counting on its position as the largest shareholder of the Bank since inception, the Government of Nigeria has made a formal request to the African Development Bank to host its regional office in…
- 22 Jul 2026
EU Debunks Fake Compensation Scheme Targeting West African Bank Customers
European Union (EU) has warned the public against a fraudulent document circulating online which falsely claims that the bloc, in collaboration with the World Bank, is offering compensation to…
- 13 Jun 2021
World Bank Provides $465M for Energy Expansion in West Africa
The World Bank Group is extending $465 million to support the Economic Community of West African States (ECOWAS) expand access to grid electricity to over 1 million people. The fund will help the…
- 18 Dec 2022
Pantami Meets With Space X, World Bank, Google to Strengthen Nigeria's Digital Economy
In a bid to strengthen partnerships for the development of Nigeria's digital economy, Professor Isa Ali Ibrahim Pantami, Minister of Communications and Digital Economy of Nigeria, had meetings at…
- 12 Oct 2009
Ecobank Bags African Bank of the Year Awards
Ecobank has been named the African bank of the Year at the African Banker of the Year Awards organised by African Banker Magazine to recognize the continent’s successes in banking. Bankers from…
- 4 Jun 2013
The World Bank Doles $60m to Support Telecom in Togo, Mauritania
Board of executive directors of the World Bank has approved $30 million each in International Development Association (IDA) credits to support the governments of Mauritania and Togo’s efforts…
- 19 Mar 2013
EMP Appoints Tunde Coker as Regional Head for West Africa
Emerging Markets Payments (EMP), a leading African and Middle Eastern payments company, has announced the appointment of Tunde Coker as its Regional Head of West Africa. "EMP's Bank Processing…
- 3 May 2016
Nigeria not Good for Business – World Bank
The World Bank Group’s Doing Business Report 2016, has delivered a damning report which would further scare away investors from Nigeria. It said that Nigeria is no longer a good business environment.…
- 19 Apr 2014
World Bank Gives $150m to 10 Nigerian Varsities, Others
The World Bank’s Board of Executive Directors has approved $150 million to finance 19 university-based Centres of Excellence in seven countries in West and Central Africa, 10 of which are Nigerian…
- 17 Nov 2008
Infosys Partners CWG on Finacle 10 Banking Solution
Infosys Technologies in conjunction with Computer Warehouse Group (CWG) has announced the launch of Finacle 10 universal banking solution, to the West African banking industry. In an event last week…
- 9 Apr 2020
World Bank Sees Sub-Sahara Africa’s 1st Recession in 25 Years
World Bank Group says Coronavirus (COVID-19), is taking Sub-Saharan Africa towards its first recession in 25 Years. The bank stated this in a statement released on Thursday. It explained that growth…
- 7 Aug 2014
World Bank Plans $5bn Power Fund for Nigeria, Others
The World Bank Group on Wednesday announced the commitment of $5bn (N800bn) in new technical and financial support for energy projects in six African countries. The countries, which have partnered…
- 6 Aug 2021
MDXi-MainOne Consolidates Position in Building West African Digital Ecosystem
MDXi, a MainOne company, continues to consolidate its position as the leading Data Center Business across West Africa with the launch of its recent Data Center in Appolonia City, Ghana. In an…
- 23 Jan 2023
Nigeria Rallies ICT Stakeholders in West Africa to Regional Digital Economy Conference
Policy makers and stakeholders in the digital economy ecosystem in the West African sub-region will converge in Abuja from January 31 to 1st February for the Digital Economy Regional Conference to…
- 5 Dec 2021
World Bank says Underdeveloped Broadband Infrastructure Hampering Nigeria’s Digital Economy
The World Bank says Nigeria’s digital economy plan is being continually hampered by an underdeveloped fixed broadband infrastructure. The global bank disclosed this in its ‘Nigeria Development…
- 19 Nov 2016
Red Hat Appoints Converge Global Concept Technologies West African Premier Partner
Red Hat, Inc the world's leading provider of open source solutions, has announced the appointment of Converge Global Concept Technologies as its first Premier Partner in West Africa. Converge Global…
- 6 Feb 2012
MasterCard Opens East African Regional Headquarters
MasterCard Worldwide, a global payments and technology company has launched its official East African regional headquarters in Nairobi, Kenya. This development brings the number of MasterCard offices…
- 10 Dec 2020
African Banks Poised to Benefit from Chat Commerce
Participants at Clickatell’s Connect Interact and Transact (CIT) annual event in November heard how chat commerce can assist companies, especially banks, connect with customers who are increasingly…
- 8 Nov 2016
Deloitte Digital Expands in West Africa, Unveils Plan for Region
Deloitte Digital, Africa’s leading innovator in digital transformation, design and development said on Tuesday it is bringing world-class knowledge and resources to the West African market. From…
- 16 Feb 2009
IBM Expands Nigerian Operations
International Business Machine (IBM) has announced that it is expanding its operations in Nigeria to capture growth in the West African region. By doing this, the company said it will increase its…
- 1 Feb 2023
Nigeria Hosts Maiden Edition of Digital Economy Regional Conference
Nigeria has recorded another landmark achievement by hosting the maiden edition of the digital economic regional conference (DERC). a convergence of all the ministers of digital economy in the…
- 28 Jun 2019
Afreximbank Launches Pan-African Payment & Settlement Platform
The African Export-Import Bank (Afreximbank) will launch its new Pan-African Payment and Settlement (PAPS) Platform at the African Union (AU) Extraordinary Summit on July 7, 2019 in Niamey, Niger…
- 3 Jul 2025
IFC, AfDB Collaborate with EbonyLife Media to Explore Supporting the African Film Industry to Drive Job Creation
As part of their ongoing efforts to support the growth of Africa’s creative industries and drive job creation in the region, IFC and the African Development Bank have announced a collaboration with…
- 3 Jun 2013
Visa Requirements Hamper Trade, Job Creation in Africa-AfDB
Professor Mthuli Ncube, Chief Economist and Vice-President of the African Development Bank (AfDB), has said that Africa is one of the regions in the world with the highest visa requirements.…
- 25 Jan 2018
IFC Uses Innovative Tool to Help Unlock $500M Investment in West Africa
Using an innovative finance tool to spur more development in low-income countries, IFC, a member of the World Bank Group, announced yesterday the completion of a $9 million investment that aims to…
- 27 Jun 2018
European Investment Bank Plans €700m Investment in Nigeria
Ms Isabelle Grunderbeeck, the Regional Representative for West Africa of European Investment Bank (EIB), says the bank plans to invest 700 million euros in some identified projects in Nigeria.…
- 22 Nov 2023
Wema Bank Signs $50m Facility with ECOWAS Bank for Investment, Devt
Wema Bank has signed a credit facility of $50 million with the Economic Community of West African State (ECOWAS) Bank for Investment and Development (EBID). The funds are reserved specifically to…
- 9 Jul 2018
MAXUT Consulting Receives Best Partner 2018 Award from OneSpan
OneSpan formally recognizes MAXUT Consulting as best sales & technical integration partner in Nigeria and the West African region. OneSpan gave the award at a brief ceremony during the…
- 1 Jun 2026
Easybuy Partners WAWUAfrica to Upskill 10 Million Youths and Women, Boosting Nigeria’s Economic and Financial Inclusion
Easybuy, Africa’s leading smartphone and electronics financing provider and a pioneer in the continent’s Buy Now, Pay Later (BNPL) sector, has partnered with WAWUAfrica to empower 10 million Nigerian…
- 4 Nov 2018
Inlaks Partners Temenos to Win Core Banking Project in Cameroun
Leading system integrator in Sub-Saharan Africa, Inlaks, and banking software company, Temenos recently secured a Temenos deal in a Francophone country, Afriland First Bank Cameroon. A statement from…