South Africa’s Standard Bank – also trading as Stanbic Bank – has recently acquired a full banking licence in Côte d’Ivoire. The pan-African lender plans to use the market as a gateway to expand across the francophone West Africa region. The bank first set up a representative office in Côte d’Ivoire’s economic capital Abidjan over two years… Continue reading Why Standard Bank is expanding to francophone West Africa
Kenya : Popular novelist and playwright Elechi Amadi, best known for his famous work, The Concubine, is dead. He was aged 82. Kenya : Nigeria's Elechi Amadi, author of The Concubine, takes final bow - Standard Digital News The writer, who is considered among the giants of African literature, died in the Nigerian city of… Continue reading Nigeria’s Elechi Amadi, author of The Concubine, takes final bow
LIBERIA - On U.S. First Lady Michelle Obama’s visit to Liberia The office of the United States First Lady Michelle Obama has announced an investment of US$27 million into rural girls and women’s education in Liberia. In a hasty briefing on June 27 in Kakata, Margibi County, during Mrs. Obama’s seven hour long visit to Liberia,… Continue reading US$27 Million Pumped Into Rural Girls Education
The Economic and Financial Crimes Commission (EFCC) has filed a suit bordering on money laundering against Air Marshal Adesola Amosu Nunayon (rtd) at the Federal High Court, Lagos. Nunayon was charged alongside Air Vice-Marshal Jacob Bola Adigun and Air Commodore Gbadebo Owodunni Olugbenga. Other defendants in the suit include Delfina Oil and Gas Limited, Mcallan… Continue reading Former Nigerian Airforce Marshal Amosu And Others To Face N21bn Fraud Charges
BREXIT/AFRICA - After the landmark referendum in which voters in Britain decided to leave the European Union, questions are now being asked on what the consequences of the vote will have on African economies. In Nigeria, analysts say the vote will not have much of an impact. This is despite the west African nation’s stock… Continue reading Brexit vote: What will be the consequences for Africa?