Category archives for: News

Agreement Signed to Build Ethiopia’s First Cardiac Care Center

Addis Ababa, Ethiopia, May 24, 2018// –Royal Philips, a global leader in health technology, and the governments of Ethiopia and the Netherlands, today signed a seven-year agreement to build Ethiopia’s first specialized Cardiac Care Center to address the critical shortage of cardiology services in Ethiopia.

eTranzact Sacks MD, Others Over Alleged Fraud

Lagos, Nigeria, May 24, 2018// – eTranzact International Plc has fired its Managing Director, Valentine Obi and some of its other directors will step down, after the Central Bank of Nigeria (CBN) asked the senior management of the payment processor company to resign.

Ghana: Former Minister Mike Gizo Defeated in Shai Paramountcy Legal Battle 

Accra, Ghana, May 24, 2018//-Chief of Agomeda, Nene Nagai Kassa VIII, known in private life as Mike Gizo, a former minister of state, has been defeated in a legal battle he initiated last year seeking to be declared Paramount Chief of Shai Traditional Area.

Red Cross Warns Against Complacency in Ebola Response

Nairobi, Kenya, May 24, 2018// — The response to the deadly Ebola outbreak in the Democratic Republic of Congo (DRC) is far from over, says the International Federation of Red Cross and Red Crescent Societies (IFRC) as it announces an expansion of its operation.

Ghana: More GFA Officials Caught in Anas’ Documentary

Accra, May 24, 2018//-More officials of the Ghana Football Association (GFA) have been reportedly caught on camera in compromising situations in the latest corruption expose by Anas Aremeyaw Anas,  ace investigative journalist.

FocusEconomics: Growth in Sub-Saharan Africa Set to Hit 4-year High

May 24, 2018//-The recovery in Sub-Saharan Africa’s (SSA) economy is expected to gain steam this year, thanks to stronger growth in major players Nigeria and South Africa, according to FocusEconomics, a leading provider of economic analysis and forecasts for 127 countries  in Africa, Asia, Europe and the Americas.

AngloGold Plans to Cut 2,000 Jobs

May 24, 2018//-South African gold miner AngloGold Ashanti plans to cut 2,000 jobs at its domestic operations, it said on Wednesday, as part of plans to cut costs.

EBRD Finances Upgrade of Egypt’s Suez Refinery

May 24, 2018//-Supporting the modernisation of Egypt’s oil industry, the European Bank for Reconstruction and Development (EBRD) is providing a US$200 million for major investments in energy efficiency and refurbishment of the oil refinery owned by Suez Oil Processing Company (SOPC).

Korea Announces Landmark Multi-billion Dollar Financial Package for Africa

Busan, Republic of Korea, May 24, 2018/ /– The Government of Korea has announced a $5-billion bilateral financial assistance package for Africa.

How Côte d’Ivoire is Becoming the Bread Basket of West Africa

Abidjan, Ivory Coast, May 24, 2018//-According to GTAI Germany Trade & Invest of 16 May 2018, Côte d’Ivoire is becoming the bread basket of West Africa. Agriculture and the food industry, especially in Abidjan, have been very dynamic for years, both in production and processing.

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