Boeing has appointed Henok Teferra Shawl as the new managing director for Boeing Africa to strengthen the company’s operations and relationships across the African continent. Based in Addis Ababa, Ethiopia, Henok Teferra Shawl reports to Kuljit Ghata-Aura, president of Boeing Middle East, Türkiye, Africa, and Central Asia (METACA). In his …
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The divestment story in Nigeria’s petroleum upstream sector has been a success case in terms of value creation, realization and retention for the economy, the Chief Operating Officer, Seplat Energy Plc, Mr. Samson Ezugworie has said. According to the Seplat Energy COO, whilst the International Oil Companies put their focus …
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In its efforts to further boost natural gas utilization in the country and enhance Nigeria’s gas revenue NNPC Ltd has signed two major agreements to deliver LNG to the domestic gas market and the international LNG market. During two separate signing ceremonies held on the sidelines of the on-going United …
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The President of the African Development Bank, Akinwumi Adesina, called on African business leaders to take advantage of investment opportunities in Africa and decarbonize their industries more quicky during the COP28 global climate conference in Dubai. “Africa is a very reliable destination for investment,” since the continent has a “dominant …
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FIAT homages Disney ‘s 100th anniversary with an exclusive gift, by designing 5 theme-based versions of the new Fiat Topolino dedicated to Mickey Mouse. The presentation of the five Topolino one-offs took place at Casa 500, on the fourth floor of the prestigious art institution “Pinacoteca Agnelli” where to experience a …
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The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, announce the signing of two significant Murabaha Financing Agreements with Vakif Katilim Bank and Ziraat Katilim Bank, valued at USD 20 million each. The agreements were formalized during the visit of Eng. Hani Salem Sonbol, …
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Africa Finance Corporation (AFC) the leading infrastructure solutions provider on the continent, and Italian development finance institution Cassa Depositi e Prestiti SpA (CDP) have signed a EUR50 million loan facility agreement on the sidelines of COP28 in Dubai. The financing will play a crucial role in supporting AFC’s investments in …
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The Islamic Development Bank Institute (IsDBI) participated as a knowledge partner in a conference titled ‘“Exploring Central Bank Digital Currency: Pathways to Global Standards”’ held on 28-29 November 2023 in Virginia, United States. The conference was the first-of-its-kind gathering of international financial policymakers and provided a platform for the launch …
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ABU DHABI, United Arab Emirates, December 5, 2023/ — Abu Dhabi Fund for Development (ADFD) hosted the meeting at the level of directors of operations of the member institutions of the Arab Coordination Group of national and regional development institutions, which coincided with the commencement of the United Nations Climate …
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Ecobank, the leading pan-African Banking Group, is proud to announce that Ecobank Zimbabwe has won the ‘Global Award for Financial Inclusion’ in The Banker’s Awards 2023. In addition, Ecobank Benin, Ecobank Guinea, Ecobank Liberia, Ecobank Mali and Ecobank Togo were all named ‘Bank of the Year 2023’ in their respective …
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