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Access Bank partners WorldRemit for instant money transfers to Nigeria
September 25, 2018

Digital money transfer service WorldRemit has partnered with Access Bank for instant money transfers to Access Bank accounts in Nigeria.

The new partnership further expands WorldRemit’s presence in Nigeria, allowing its customers in over 50 countries to send money to millions of Access Bank accounts directly from their phones.

Access Bank is a commercial bank in Nigeria, with a network of millions of customer accounts and over 340 branches. The new partnership with WorldRemit will increase convenience and ease of banking for Access Bank’s customers in Nigeria as well as support the country’s efforts to achieve financial inclusion.

Plans to grow the partnership will connect over 15 million Access Bank customers in Nigeria, Democratic Republic of the Congo, Ghana, Rwanda, the Gambia, Sierra Leone and Zambia to WorldRemit’s best in class online money transfer experience. The deal supports WorldRemit’s plan to serve 10 million customers connected to emerging markets by 2020.


September 25, 2018

The third national car project is timely, as it can fulfil market needs in a bid to complete the automotive industry under the connected mobility concept, says Malaysia Automotive Institute (MAI) CEO Datuk Madani Sahari, reported by Bernama.


September 25, 2018

Secretary of State of Foreign Affairs, Ambassador Barry Faure, and Principal Secretary of Trade, Ms. Cillia Mangroo, have concluded a two-day official mission in Curacao geared specifically towards concluding an Administrative Cooperation Agreement between the customs authorities of both countries.


September 25, 2018

IFC, a member of the World Bank Group, has signed an agreement with Banque Misr, Egypt’s second-largest bank, to help expand the number of women-led businesses in its SME Banking portfolio, part of IFC’s wider efforts to boost financial inclusion for women entrepreneurs in the country.

IFC will work with Banque Misr to conduct market research on the needs of women in business; provide access"...

September 25, 2018

Mauritania has become the 15th West African country to have signed the region-to-region Economic Partnership Agreement (EPA) with the European Union, an agreement negotiated with 16 countries of the region.

Once signed by Nigeria, the Agreement will be submitted for ratification by both sides. Meanwhile, Côte d'Ivoire and Ghana have already opted to apply bilateral agreements with the EU, awaiting"...

September 25, 2018

Royal Dutch Shell wants to reweight its footprint in Nigeria to focus on oil and gas fields far offshore, away from the theft, spills, corruption and unrest that have plagued the West African country's onshore industry for decades.

But for the company that pioneered Nigeria's oil industry in the 1950s, the Niger Delta remains as important - and problematic - as ever.


September 25, 2018

The African Development Bank has approved a US$1.5 million grant from its Sustainable Energy Fund for Africa (SEFA), to assist Ghana’s s renewable energy investment drive. The grant will support the Ghana government’s efforts to overcome technical, financial, regulatory and institutional barriers to scaling-up renewable energy investments in the country.

The project, which is part of the"...

September 25, 2018

Scatec Solar has increased its ownership share in Kalkbult, Linde and Dreunberg in South Africa from 39 to 45 per cent.

Scatec Solar and STANLIB Private Equity Infrastructure Fund, both existing shareholders, are purchasing all of Norfund's 21 % shares in the solar plant Kalkbult, and KLP Norfund's 16% shares in Linde and Dreunberg.


September 25, 2018

The last decade in the Middle East region has witnessed immense growth and challenges. There are many companies who have exploited the growth wave and grew their business exponentially. At the same time, there are companies that struggled either due to their resistance to change, or due to the economic challenges of the market. Leveraging the changing market conditions and rapid shift in technology, there are many niche companies that have developed unique products and services"...