CEO Tim Cook tells Worldwide Developers Conference AI features are the ‘next big step for Apple’. Apple has revealed a slew of new artificial intelligence-powered features backed by a partnership with OpenAI, as the iPhone maker battles perceptions that it is falling behind in the race to capitalise on the technology. Apple executives including CEO...
Day: <span>11 June 2024</span>
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Sahara Group strengthens downstream business with strategic leadership appointments
International energy and infrastructure conglomerate Sahara Group has announced a series of strategic appointments aimed at advancing the expansion of the group’s downstream business in Africa. Foluso Sobanjo has been appointed as the company’s Head: Africa Downstream while Yaa Serwaa Alifo has been appointed Head: Sahara Downstream in Ghana. Additionally, Nomnso Dike has been appointed...
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Ecobank Group launches 2024 Fintech Challenge with US$50,000 Prize
Ecobank , the pan-African financial services Group, officially opens call for applications to the 7th edition of its Fintech Challenge. This annual competition invites early-stage and mature fintech startups to partner with Ecobank, offering a grand prize of US$50,000 and a chance to scale their solutions across Ecobank’s extensive network spanning 35 African countries. Despite...
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Ghana’s new Ship Repair Dock Project Funding sealed as Financiers sign $94 MN Syndicated loan
A consortium, including the African Development Bank, has signed an agreement to extend $94 million in senior debt funding to PMD Assetco Limited (PMD) for the construction and operation of a floating dock ship repair facility in Ghana’s western Takoradi port. Other consortium members are the African Export-Import Bank (Afreximbank), the Eastern and Southern African...
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Afreximbank Celebrates 8 Awards at Europe, Middle East, and Africa (EMEA) Finance Achievement Awards
In a nod to its increasingly important contribution to Africa’s economic growth and development, Afreximbank has been recognised with a haul of 8 Awards at the EMEA Project Finance and EMEA Achievement Awards 2023 Charity dinners held in London on June 5 & 6 respectively. Hosted by EMEA Finance magazine, the event honoured Afreximbank for...
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Africa Finance Corporation (AFC) receives Top Accolades at Europe, Middle East, and Africa (EMEA) Finance Achievement Awards
Africa Finance Corporation, the continent’s leading infrastructure solutions provider, received top accolades at the EMEA Finance Achievement Awards in London yesterday. AFC won “Most Innovative Bond” and the “Best Supranational Syndicated Loan,” a testament to the Corporation’s strong credit profile and solid track record in capital markets. “The Most Innovative Bond” accolade in the...
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Digital Transformation: A top-three Priority for Banks, says new report
The 2024 edition of The African Banking Digital Transformation Report revealed that 76% of banks rank digital transformation as either their top priority or among the top three, while the remaining 24% also view it as important. The African Banking Digital Transformation Report, a collaboration between pan-African publication African Banker and Backbase, creators of The Engagement Banking...
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Empowering Dreams: Bursary Winner Embarks on a Star-Studded Journey with HUAWEI, Y and Boston Media House
In an exciting culmination to a competition that captured the imagination of many aspiring stars across South Africa, HUAWEI, in partnership with YFM (Y) and Boston Media House, is thrilled to announce the winner of the R200 000 bursary. The competition, which ran from April 4th to April 19th, aimed to empower the creative youth...