In case it is absolutely necessary to lay off any staff, the express approval of the Central Bank of Nigeria shall be required. (Image source: dotun55/Flickr)
The Nigerian Central and the Bankers Committee has instructed that no members of staffs of banks (either full or part time) should be retrenched in spite of the COVID-19 negative effect on banking operating cost
There will be usual restrictions such as self-distancing, hand hygiene etc. (Image source: Bryn Pinzgauer/Flickr)
Nigerian Banks were given the green light to open from 4 May as the lockdown in Lagos and Ogun States and Abuja, imposed on 30 March to reduce the spread of COVID-19, is gradually eased
Cloud computing creates an opportunity for providers of financial services to rethink their technology spend and significantly reduce costs. (Image source: Genesis Analytics)
More than 700mn Africans lack access to a bank or mobile money account and only 41 per cent of Africans are financially included, according to the report Cloud Banking in Africa: The Regulatory Opportunity by Genesis Analytics and Orange Business Services
During the conditional non-debarment period, Zhongmei Engineering Group Limited remains eligible to participate in AfDB-financed projects provided it undertakes a corporate integrity compliance programme. (Image source: Blogtrepreneur/Flickr)
The African Development Bank (AfDB) has announced a 12-month conditional non-debarment of Zhongmei Engineering Group Limited, an engineering company registered in Uganda
Akinwumi Adesina is the president of the African Development Bank. (Image Source: Eric Roset/Flickr)
The African Development Bank’s (AfDB) ‘Fight COVID-19’ social bond was listed on London Stock Exchange on 3 April 2020
The Bell team in Richards Bay consists of more than 800 machinists, welders, and assemblers. (Image source: Bell)
GFE Power Product’s extensive range covers generators from 10 kVA up to 3,000 kVA. (Image source: GFE Power Products)
The funding is the largest-ever equity raise in the minigrid industry according to Husk. (Image source: Adobe Stock)
The initiative will help African contractors participate in annual infrastructure investments. (Image source: Afreximbank)
ITS has evolved into a sophisticated systems approach, providing numerous opportunities to revolutionise road networks. (Image source: Adobe Stock)
Invest International’s Lara Muller; Ivory Coast Minister of Finance and Economy, Adam Coulibaly; and Ambassador Designate to Ivory Coast, Jeroen Kelderhuis. (Image source: Invest International)
Inside Condra’s Johannesburg factory: an overhead crane positions an electric motor during assembly of hoist and crab. (Image source: Condra)
The Yellow Metal Machine Rental team with some Wacker Neuson equipment. (Image source: Wacker Neuson)
Although displaying resilience, the report warns that African banks remain exposed to physical climate risks due to both sovereign and industry lending. (Image source: Adobe Stock)
WAA and VCMI will seek to establish regulatory frameworks to enable access to high integrity and fair voluntary carbon markets for WAA member countries. (Image source: Adobe Stock)
The parties will also promote the mutual exchange of information and expertise in the field of export credit policies and practices. (Image source: TBD Group)
IVECO is renewing its entire product range, all at once. (Image source: IVECO)
The MoU was signed alongside the Africa Health Business Symposium. (Image source: Africa CDC)
Both the IMF and EIU expect SSA to rank as the world’s second fastest growing economy in 2024. (Image source: Adobe Stock)
There has been a focus on the sugar industry. (Image source: Adobe Stock)
The pylon spires of South Africa's Msikaba Bridge mega project are on their way up, soon to be almost 130 m high at each side of the deep river gorge. (Image source: Concor)
US$4bn in capital investments is required between now and 2030 to reach universal access to clean cooking in sub-Saharan Africa. (Image source: Adobe Stock)
The agreement was witnessed by Prime Minister of Egypt, HE Moustafa Madbouly and HE Mohamed Shaker, Minister of Electricity and Renewable Energy of Egypt. (Image source: Infinity Power)
According to Rokbak, knowing the capabilities and limits of your hauler puts you in control. (Image source: Rokbak)
The opening of the new facility took place during the Elevate Africa Conference. (Image source: CCI Global)
The break to load shedding has been a welcome relief for South African businesses. (Image source: Adobe Stock)
The project prioritises the development of climate resilient infrastructure. (Image source: AFC)
The project was initially awarded to AMEA Power through an international tender programme that was launched by Tunisia’s Ministry of Industry and SMEs. (Image source: AMEA Power)
According to Danfoss, BOCK’s renowned compressors are a natural fit for its existing solutions range. (Image source: Danfoss)
The SEW-EURODRIVE gearbox offering allows for a plug and play solution on existing centre pivot irrigation equipment, presenting a valuable and unique concept to the local agricultural sector. (Image source: SEW-EURODRIVE)
The new facility, powered by Wärtsilä, will help address Nigeria’s increasing demand for cement. (Image source: Wärtsilä)
Both barcode and RFID readers are used in integrated intelligent manufacturing solutions. (Image source: Brady)
Ayman Ashour, CEO of Siemens Mobility Turnkey MEA. (Image source: Alain Charles Publishing)
Advantages of MSC solutions include one-stop shop convenience, an efficient claim process, and tailored competitive rates. (Image source: MSC)
The innovative formula of Watershield cement offers enhanced water resistance and durability. (Image source: Lafarge Africa)
