US energy stocks revive Dow as fears over Italy’s political crisis subside
Adesola AfolabiMay 31, 2018
American stocks rallied on Wednesday, having taken a big hit earlier in the week as news of Italy’s growing political crisis
StanChart, AFC partner to boost trade finance in Africa, mull $350m sectoral expansion
Adesola AfolabiMay 31, 2018
Standard Chartered and Africa Finance Corporation (AFC), a multilateral development financial institution, have launched a funded risk
Coca-cola plans $100m Kenya investment over five years
Chukwuemeka ObiomaMay 30, 2018
Coca-Cola Beverages Africa (CCBA), the continent’s largest soft drinks bottler, said on Wednesday it would invest $100 million in
MoneyGram partners Ghana’s devt. bank on financial inclusion, to launch cash-to-account transfers
Businessam StaffMay 30, 2018
As part of efforts to provide customers with convenient and accessible technology-based financial services, MoneyGram has partnered
Royal Bank of Scotland finance chief Stevenson resigns ahead of annual meeting
Businessam StaffMay 30, 2018
Ewen Stevenson, the Royal Bank of Scotland finance chief resigned from his role to “take up an opportunity elsewhere”, according to
Renewables in heating, cooling sector to tame oil market volatility, EU official says
Businessam StaffMay 29, 2018
Dominique Ristori, a senior EU official said promoting renewable energies in the heating and cooling sector is “a productive
A little inflation will not hurt Nigeria’s economy, investment analyst says
Adesola AfolabiMay 28, 2018
The hawkish monetary policy stance of the Central Bank of Nigeria (CBN) by holding benchmark lending rate constant at high 14 percent
EU moves to ban straws, other single-use plastics
Businessam StaffMay 28, 2018
The European Union is proposing a ban on single-use plastics to help protect marine life. The proposals, according to BBC news, are
Ivory Coast to appeal for $1bn reforestation strategy fund, minister says
Businessam StaffMay 26, 2018
Ivory Coast will call upon donors as well as timber and cocoa companies to help finance a reforestation strategy it estimates will
German’s Deutsche Bank to cut about 7,000 jobs globally
Businessam StaffMay 25, 2018
German’s Deutsche Bank has announced it is to cut at least 7,000 jobs. The commercial, investment and retail banking giant