Marriott Int’l to increase its Africa hotels by 50% by 2023

Posted by - October 3, 2018

Marriott International plans to increase its hotels in Africa by 50 percent in the next five years, opening new facilities in markets where it already operates and venturing into new ones like Mozambique, the company said on Monday. Global hotel chains have been increasing their investments in Africa in recent years to take advantage of

United Bank, Afreximbank merges to maximise volume of Egyptian exports to Africa

Posted by - September 13, 2018

The United Bank and the African Export-Import Bank (Afreximbank) has declared the launching of a partnership programme to provide financing and insurance packages for Egyptian exporters. This partnership comes within the bodywork of the steady efforts of the United Bank to maximise the volume of Egyptian exports to foreign markets, especially African markets. According to

Temenos Appoints New Head of Sales for Africa Region

Posted by - July 24, 2018

Temenos (SIX: TEMN, the banking software company, is delighted to announce that Alexandre (Alex) Menage has been appointed as Head of Sales for Temenos in Africa. Alex brings over 15 years of experience in the financial services industry, including numerous business development and managerial roles at Thomson Reuters, where he spent 12 years. Within Thomson

RwandAir: The Dream of Africa

Posted by - March 28, 2018

You can’t but be happy when your dreams come true! For Rwandair, the dream of becoming the best in Africa is becoming a reality. The dream started after the 1994 genocide when the government took several attempts to revive the former national carrier Air Rwanda. Air Rwanda, had ceased operations during the genocide. It has

Infinia Partners with Access Bank, Strengthens Footprint in Africa

Posted by - September 11, 2017

Infinia has entered into a partnership with Access Bank, Plc – one of the largest banks in Nigeria today, to launch the bank’s R.E.A.L loyalty program. With this, the leading UAE-based loyalty management, and payment solutions company, has stepped up its global presence by introducing its services to the African market. Access R.E.A.L is built

Dangote Cement Records 12.6% Sales Volume Increase Across Africa

Posted by - August 3, 2017

Dangote Cement, Africa’s largest cement producer, has announced its unaudited results for the six months ended 30th June 2017, posting a 12.6 percent increase in sales volume across Africa. In the financials released on the floor of the Nigerian Stock Exchange indicated that the increase in sales volume showed a growing capture of Pan-African market

Nigeria, Africa’s Largest Economy, Adopts 3 Word Addresses

Posted by - August 2, 2017

NIPOST will use what3words to increase the number of homes it can deliver to and improve delivery services in preparation for the take-off of Nigerian e-commerce Nigeria’s postal service, NIPOST, has just announced its adoption of the innovative global addressing system what3words ( Nigeria is the seventh country to adopt what3words, and the third in

Barclays Africa Posts Impressive Half-Year Results after Plc Divorce

Posted by - July 31, 2017

Barclays Africa Group, one of the largest financial service providers in Africa with operations in 12 countries, on Friday reported a solid financial performance for the first half of the year, demonstrating continued resilience in a deteriorating economic environment in South Africa, its largest market. The announcement marked the first time that the company reported

Dangote at N3.84trillion Maintains Position as Africa’s Richest Man

Posted by - July 29, 2017

Although Africa’s richest man, Nigerian Aliko Dangote dropped to 105th on the 2017 Forbe’s real-time billionaires’ ranking, he maintains the lead in Africa, as the richest man. There are 21 African billionaires living in Africa worth a combined $70 billion or N22 trillion. Dangote, who was ranked 51st in 2016 with a net worth of

Nigeria’s Tax System Urgently Needs Sensible Reforms – Taiwo Oyedele, Head of Tax and Regulatory Services, West Africa PwC

Posted by - July 5, 2017

Tax Compliance Rate In Nigeria Is About 12%. Multiple Taxation In Nigeria Is a Big Problem Tax Authorities Have General Responsibility To Educate People Taiwo Oyedele is the Head, Tax Regulatory Services, at PwC Nigeria (the world’s leading professional services firm with presence in over 150 countries). Taiwo has been in the forefront as a