For bond investors, Africa was a happy hunting ground last year. Its local-currency and dollar securities easily outperformed those of emerging markets overall as investors piled into a continent offering high yields and starting to recover from the commodity bust of three years ago.
Standard Bank was named the best private bank in Kenya in the 2017 Global Private Banking Awards held in Singapore last week, in recognition of its wealth investment and management arms.
Erin Energy has announced that funding commitment has been obtained to drill our high-impact Miocene exploration well. Site survey of drilling location has been completed and the well is planned to be spudded during this quarter.
MainOne has launched a new colocation service, in addition to its connectivity solutions, to address the needs of businesses in Ghana seeking reduced IT infrastructure costs and improved efficiency via a shared services platform.
After the successful implementation of an intelligent new safety feature was introduced to Uber driver-partners in South Africa early this year, the company has announced that the same feature will be implemented in other markets in Africa.
Prudential Plc has acquired a majority stake in Zenith Life of Nigeria and formed exclusive bancassurance partnerships with Zenith Bank in Nigeria and Ghana.
According to a statement by the airline, flights between Abuja and Accra were suspended in March following the closure of Nnamdi Azikiwe International Airport, Abuja for runway repairs.
RwandAir, the national carrier of the Republic of Rwanda, has recently launched direct flights from Accra to Lagos as part of the Airline’s route expansion project in 2017.
Tony Elumelu visited Ghana as the first stop of his UBA tour of Africa, propagating the ideal of Africapitalism.
West Africa’s communications and data solutions provider, MainOne, has announced the completion of a new point-of-presence (PoP) in Accra’s Central Business District, extending the company’s reach in Ghana.