Top Regional Business and Finance News
Philip Morris International continues to support sustainable agriculture in Tanzania
African Press Organization - APO - 30 Oct, 2015
Philip Morris International (PMI) (http://www.pmi.com), the largest buyer of tobacco in Tanzania, is ramping up efforts to implement its Sustainable Tobacco Production model among the nation"s 65000 contracted tobacco-growing families.
Africa the "new China" when it comes to appetite for retail
African Press Organization - APO - 30 Oct, 2015
The African continent is experiencing rapid retail expansion, and is being compared to China in 1987 when it was predicated to be the next big thing(1).
Equatorial Guinea Expands Scope of Major Crude Oil and Petroleum Tank Farm Project
African Press Organization - APO - 30 Oct, 2015
The Ministry of Mines, Industry and Energy, representing the Government of Equatorial Guinea, announced today that it has signed a Memorandum of Understanding with three companies to build a crude oil and petroleum products storage tank farm on Bioko Island, Equatorial Guinea.
Co-op Bank partners with SimbaPay for Diaspora Remittances
African Press Organization - APO - 02 Nov, 2015
The Co-operative Bank of Kenya (http://www.co-opbank.co.ke) has today partnered with SimbaPay (http://www.simbapay.com), a digital money transfer provider, to offer international money transfer services to the bank"s customers in the Diaspora.
SacOil Joins Consortium to Develop Equatorial Guinea"s Bioko Oil Terminal
African Press Organization - APO - 09 Nov, 2015
South African oil and gas company SacOil will join the consortium of Taleveras Group, Gunvor Group and the Strategic Fuel Fund in developing the Bioko Oil Terminal tank farm in Equatorial Guinea.
Why invest in Africa?
African Press Organization - APO - 09 Nov, 2015
Investment project for Africa - www.africanstates.info
Orange signs an agreement with Helios Investment Partners for the sale of its stake in Telkom Kenya
African Press Organization - APO - 10 Nov, 2015
The Orange Group (http://www.orange.com) announced yesterday that it has signed a binding agreement with Helios Investment Partners for the sale of its entire 70% stake in Telkom Kenya.
Tigo Tanzania Facebook followers hit 1 million mark; registers highest following in the country
African Press Organization - APO - 04 Jan, 2016
Tigo Tanzania"s (www.Tigo.co.tz) Facebook followers recently clocked a staggering 1million, making the company"s Facebook page www.facebook.com/TigoTanzania, the most popular and Tigo the first company with the highest Facebook followers in Tanzania.
Brand South Africa welcomes new Chief Marketing Officer
African Press Organization - APO - 06 Jan, 2016
Brand South Africa"s (http://www.brandsouthafrica.com) CEO Mr Kingsley Makhubela today announced the appointment of Mrs Linda Sangaret as Chief Marketing Officer of the country"s official marketing and reputation management agency.
Nigeria-Cameroun submarine cable goes live"
African Press Organization - APO - 11 Jan, 2016
MainOne (www.MainOne.net), a leading telecoms and network services provider in West Africa, has announced that the high capacity Nigerian-Cameroun Submarine Cable System (NCSCS) connecting Lagos, Nigeria and Kribi, Cameroun has been completed and went live last month. The new submarine cable system will address increasing demand for reliable broadband connectivity in Cameroun, and is a key component of the country"s strategic plan to provide internet access to its citizens via a National Broadband Network.
Top Press Releases
Maiden Press Address By The New Chairman of AP PLC
African Petroleum plc - 16 Mar, 2006
It is my pleasure to meet with you in my capacity as the Chairman of African Petroleum Plc, to make your acquaintance and to brief you on the current events in AP Plc.
Chairman's year 2006 Award Night Speech
African Petroleum plc - 07 April, 2006
On behalf of the Board of Directors, Management and staff of AP Plc, I thank you all for honouring our invitation to this occasion, which has been arranged for the purpose of recognizing some of our stakeholders, who have gone the extra mile in making AP what it is.
LISTING BY INTRODUCTION OF UNION HOMES SAVINGS AND LOANS PLC
Nigerian Stock Exchange - 24 April, 2006
UNION HOMES SAVINGS AND LOANS PLC would List by Way of Introduction its 2,000,000,000 Ordinary Shares of 50 kobo each at N3.00 per share on Monday, April 24, 2006 at The Nigerian Stock Echange.
AP SET TO TAKE OVER THE AVIATION MARKET
African Petroleum plc - 30 May, 2006
African Petroleum Plc commissioned its multi million-naira aviation sales office, at the local depot of Murtala Mohammed airport Lagos.
Banking Stocks Rebound
Access Bank Nigeria plc - 28 July, 2006 [1 Comments]
Stocks of the banking sub sector yesterday at the Nigerian Stock Exchange (NSE) drove equity transactions as its traded shares grew by 203.7million ordinary shares representing 189.3 percent of its sector totals.
Access Bank tops June trading
Access Bank Nigeria plc - 31 July, 2006
Access Bank emerged the most active stock last month on the Lagos floor of the Nigerian Stock Exchange (NSE) as its investors exchanged over 300 million shares.
DUNLOP SETS FOR CAPITAL MARKET
Dunlop Nigeria plc - 20 Nov, 2006
The Quotations Committee of the Nigerian Stock Exchange (NSE) on Friday,17th November,2006 approved the proposed offer of shares by way of rights and public offer for subscription of tyre giant, Dunlop Nigeria Plc, to raise the sum of N5.5 billion from the stock market, paving way for the completion of the pre – offer processes.
TransCorp Initial Public Offering Opens Today
Transnational Corporation of Nigeria Plc - 28 Dec, 2006
The historic N60 billion initial public offering of Transnational Corporation of Nigeria Plc. opens today. The eagerly awaited IPO is packaged as a special Christmas gift from the business group to Nigerians with the resonating themes ‘100% Nigeria . 100% World Class.’ and ‘It’s Yours. Take it Back.’ TransCorp currently owns the TransCorp Hilton Hotel, Nigeria’s most successful lodging, conference and leisure location, and NITEL, the leading telecommunications company. The company is offering 8 billion ordinary shares to the public at N7.50 each.
UBA, BANK PHB AND OCEANIC TOP BANKING ACTIVITY
United Bank For Africa plc - 29 Dec, 2006
Shares of UBA, Oceanic and Bank PHB accounted for 55 percent of the banking subsector turnover for last trading of the year. Trading on the shares of the banks accounted for 209.04 million shares.
BATU
British American Tobacco Uganda Limited - 12 Mar, 2007
British American Tobacco released their audited results for the year ended 31 December 2006 and no dividend was recommended. The AGM is scheduled to take place in May 2007.
Other Regional Headlines
Readout of the Secretary-General"s meeting with H.E. Mr. Jakaya Kikwete, President of Republic of Tanzania
African Press Organization - APO - 02 Nov, 2015
The Secretary-General spoke by telephone with the President of Tanzania, H.E. Mr. Jakaya Kikwete.
PM call with President Sisi: 3 November 2015
African Press Organization - APO - 04 Nov, 2015
Africa 2.0 Annual Leadership Symposium: Celebrating 5 years of change and leadership in Africa
African Press Organization - APO - 10 Nov, 2015
The Africa 2.0 Annual Leadership Symposium is less than 20 days away, and the best and brightest minds from across Africa will be gathering in Maputo from 24-26 November at the Joaquim Chissano International Conference Centre. This year marks the five year anniversary for Africa 2.0.
Visit of the President of the Republic of Liberia, H.E. Ms. Ellen Johnson Sirleaf
African Press Organization - APO - 14 Dec, 2015
The United Nations Information Center
Reaction to Rwandan President's Decision To Run for Third Term
African Press Organization - APO - 04 Jan, 2016
Press Statement