Marriott International announces massive expansion across Africa, acquires Protea and Starwood hotels
Marriott International on Monday announced that it had acquired Protea Hotels followed by the acquisition of Starwood Hotels and Resorts worldwide.The company also announced five new...
Merck Foundation, the philanthropic arm of Merck KGaA Germany has launched “Life is Bigger” song to break the stigma around infertility in Africa and beyond. It is part...
The GDP growth in Angola has been reviewed downward by the consulting company Fitch Solutions.From the expected 2.8% growth, the country is now expected...
Africa’s health challenges and investment opportunities under spotlight at United Nations General Assembly
The United Nations Economic Commission for Africa (UNECA), in partnership with GBCHealth and the Aliko Dangote Foundation is bringing together African leaders and other high profile personalities to...
Breaking: African Development Bank debars Cameroon firm, GEO SCIENCES, for 4 years over massive fraud
The African Development Bank Group on Thursday announced the debarment of GEO SCIENCES INTERNATIONAL SARL, a consulting firm based in Yaoundé, Cameroon, for a minimum period of 48 months.
TE SubCom, MainOne sign major undersea communications deal to extend submarine cable system to francophone Africa
TE SubCom, a TE Connectivity Ltd company and an industry pioneer in undersea communications technology, on Thursday, announced it had secured a contract from leading connectivity and data center...
By 2022, total E&M revenue in South Africa is expected to reach R177.2 billion, up from R129.2 billion in 2017PwC
Landmark $1 billion impact securitization between African Development Bank, Mariner Investment Group and Africa50
The African Development Bank (AfDB), the European Commission, Mariner Investment Group, LLC (Mariner), Africa50, and Mizuho International on Tuesday announced the pricing of Room2Run, a $1 billion synthetic securitization corresponding to a...
Sub-Saharan Africa faces difficult road to recovery amid COVID-19 economic fallout, IMF says in latest economic outlook
Sub-Saharan Africa is facing a difficult road to recovery amid COVID-19 economic fallout, the International Monetary Fund (IMF) said in its...
IMF approves additional $156 million disbursement to Cameroon to respond to COVID-19 economic fallout
The International Monetary Fund (IMF) on Wednesday approved an additional $156 million disbursement to Cameroon to respond to COVID-19 economic fallout.
Less than 50% of working-age women are in the labour market, a figure that has barely changed over the last quarter...
South Africa has launched a $6 billion (R100 billion) COVID-19 employment stimulus to be implemented over the next three years.
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