Sale of Sadiola mine in Mali hits IAMGOLD’s Year-End Reserves and Resources
IAMGOLD (TSX: IMG) (NYSE: IAG) today announced its 2020 year-end Mineral Reserve and Resource statement. The company said that its total attributable Proven and Probable...
Category : Commerce
Arab Whale Khurram Shroff to Highlight Crypto and Blockchains’ potential to redefine African Finance Ecosystem at Africa Digital Finance Summit
FMary Njoki, organizer, Africa Digital Finance Summit seen here with Khurram Shroff, Chairman IBC GroupImage Credit: Supplied Africa Digital Finance Summit’s inaugural event themed “Decentralized...
MMG Gold Risks Termination of Contracts With Govt for Failure to Live Up to Concession Agreement
President George Manneh Weah has warned concession companies operating in the country to live up to their social development mandate or risk replacement. President Weah...
I’m Ready to Tackle WTO’s Challenges – Ngozi Okonjo-Iweala
African Union Commission (AUC) chairperson Moussa Faki Mahamat congratulated Ngozi Okonjo after the confirmation. • Ngozi Okonjo is now responsible for supervising and directing the...
Nigeria Senate tells Buhari to Issue Executive order Against The Criminal Herdsmen
The Senate has finally reacted to the menace of criminal herdsmen, with the upper legislative chamber mandating President Muhammadu Buhari to issue an executive order....
African banks may wait until 2024 to return to pre-crisis revenues – IFC
Sérgio Pimenta is the Vice President for the Middle East and Africa at the International Finance Corporation (IFC). He praises the resilience of Africa’s financial...
farmers struggle; Jamaica is Running Low on Ganja.
Jamaica is running low on ganja. Farmer Breezy shows off the distinctive leaves of a marijuana plant during a tour of his plantation in Jamaica’s...
Only 3 African Countries Have Committed To Pay For The COVAX Vaccine Facility – Report
According to the Economist Intelligence Unit (EIU), only 3 countries out of Africa’s 54 counties have made a commitment to pay for the COVAX Vaccination...
Samantha Power to Head USAID in Boost to Africa Projects
US President-elect Joe Biden is to appoint experienced ambassador Samantha Power as head of development agency USAID in a potential boost to its capabilities in...
The United States is a Committed Partner to the Congo DR
Nearly two years after the Democratic Republic of the Congo (DRC) saw a peaceful transfer of power to President Félix Tshisekedi following a nevertheless flawed...
Regina A. Harrison Named New CEO of African American Commerce of Pennsylvania, New Jeersy And Delware
The African American Chamber of Commerce (AACC) is welcoming new leadership to their team. In December 2020, the organization announced the appointment of Regina A. Hairston as the new...
A single market will enable Africa to transform into a supplier of manufactured goods
The African Continental Free Trade Area (ACFTA) is a potential game changer for the world’s poorest region. The pact — signed by 44 of the...
China-Africa relations should build on ending poverty level
China and Africa relations should build on ending poverty levels as Africa still faces major poverty challenges, Rwandan economist Donald Kaberuka told Xinhua in an...
Oil Ticks Higher On Hopes For Easing Oversupply
Oil prices edged higher on Tuesday, ending a four-day losing streak, as traders weighed a bearish price outlook from the IEA and a lowered US...
[Airtel Ghana] Premier Partners First Atlantic Bank To Maximize Benefits For High Value Customers
Ghana’s fastest growing telecommunications company, Airtel Ghana has entered a strategic partnership with First Atlantic Bank Limited, to provide unparalleled telecommunications and banking services that...
Sugar Export Plans Hit Snag As Kakira Registers Shortfall
Kakira Sugar Works joint managing director Mayur Madhvani speaks to Daily Monitor in an interview last week. PHOTO BY DENIS EDEMA Plans to export sugar...
South Africa’s MTN Seeks to reduce $5.2 bln Nigeria fine
* MTN in talks with NCC to reduce fine – source * MTN was still in talks with NCC when deadline passed – source *...
Bank of Africa Acquires 90% Stake in Agaseke Bank
Agaseke has been bought by Bank of Africa and rebranded to Bank of Africa Rwanda. (Net) Bankof Africa Group S.A, a continental financial institution, has...
Zambia Issues Altar Call For Economy; It May Take More
Waldo Swiegers | Bloomberg | Getty Images A man holds Zambian 50 kwacha banknotes in Lusaka on Oct. 8, 2015. As Zambia’s currency has swooned...
African Bank Gives Up On Purchase of Insurer Stangen
THE lending unit of African Bank Investments Limited (Abil), which collapsed in August last year, said it is no longer buying insurer Standard & General...