Press Release
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Moody says APICORP’s ‘Aa2’ Rating is Stable Despite Current Economic Conditions
APICORP continues to be the only Aa2-rated financial institution in MENA region Rating reaffirmation based on strong capital adequacy, high asset quality and strong asset...
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OPEC Call for Papers on its Energy Review-Journal
The OPEC Energy Review is a quarterly energy research journal published by the OPEC Secretariat in Vienna. Each issue consists of a selection of original...
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APICORP CONTRIBUTES $500 MILLION TO MEMBER COUNTRIES TO TACKLE COVID-19 PANDEMIC
Dammam, Saudi Arabia: The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, announced today that it has launched a USD 500 million countercyclical...
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African Energy Chamber calls on the Bank of Central African States to relax Forex Rules
New rules notably state that all foreign exchange transfers over $1,680 be vetted for approval by the bank MALABO, Equatorial Guinea, — The African Energy...
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UBA Records Double-Digit Earnings Growth in Q1 2020
Pan African financial institution, United Bank for Africa Group (UBA) Plc has released its unaudited results for the first quarter ended March 31st, 2020, showing...
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APICORP’s Callable Capital Increases from $1 billion to $8.5 billion
Callable capital increases from USD1 billion to USD8.5 billion Authorized capital also increased to USD20 billion and subscribed capital to USD10 billion USD500 million will...
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APICORP financial results grows from $96 to $112 million in one year
…Net recurring income increased by 17% between 2018 to 2019 from USD 96 million to USD 112 million DAMMAM, Kingdom of Saudi Arabia, — Balance...
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FDG Holdings Becomes a Bronze Sponsor of ATIGS Dubai 2020
DUBAI, UAE – Leading Africa business development company, ATIGS Group is proud to announce FDG Holdings as Bronze Sponsor for the 2020 Africa Trade and...
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COVID-19: Afrika Umoja, AOP collaborates to build hospitals in Africa
CAPE TOWN, South Africa, — A Cape Town-based exhibition builder, together with an event organizer, offers to work with governments and private sectors across Africa...
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FG, UBA, others remain committed, contributes billions to fight Coronavirus in Nigeria
By Ndubuisi Micheal Obineme Following the outbreak of COVID-19 also known as Coronavirus in Nigeria on 27th February 2020, the Federal Government of Nigeria has...
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Bako Ambianda Launches Quarantine And Read Challenge
HOUSTON, TEXAS, USA – The President of Bako Ambianda International, LLC (BAI), an international professional and personal development company, have formerly launched a “Quarantine And...
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Prominent African business executives, investors to meet at ATIGS 2020
Prominent African and international business executives and investors to explore business opportunities at the Africa Trade and Investment Global Summit (ATIGS); a prestigious transactional biennial...
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Bako Ambianda Makes 2020 Forbes Africa 30 Under 30 List
By Ndubuisi Micheal Obineme Forbes Africa has formerly announced it’s annual “30 Under 30” list, featuring 30 young entrepreneurs, leaders and changemakers across Africa. They...
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Digital Transformation Conference Focused on Change Management Strategies Launches
A major priority in Upstream Oil & Gas right now is Digital transformation, with an estimated $1 trillion in potential efficiency savings to be made....
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BBC uncovers Africa’s History with Zeinab Badawi
History of Africa returns for a highly anticipated second series, taking BBC World News presenter Zeinab Badawi on a prolific journey across the continent to...
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IP Week 2020: defining the industry’s role, delivering a low carbon future
25 – 27 February 2020 Intercontinental Park Lane, London http://ipweek.co.uk As one of the biggest events in the energy sector, IP Week brings together over...
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Brampton Seeks New Skills, Enterpreneurs to Expand its Business Horizon
By Tobi Owoyimika Brampton, a Canadian city in Ontario’s Greater Toronto Area, seeks Nigerian entrepreneurs in major industries to align with their 2040 development goals....
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2020 budget: N127b is Grossly Inadequate for the Power Sector
By Ikenna Omeje In the last 59 years existence of Nigeria as an independent state, power generation, transmission, and distribution has been one of the...
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Porsche introduces online car sales in Germany
Stuttgart, Germany – German sports car manufacturer Porsche has begun online sales of its vehicles, which had previously been available only directly from the dealer,...
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Percepto Drone-in-a-Box Shortlisted for Prestigious Security Technology Innovation of the Year Award
Percepto, the global market leader for autonomous industrial drone solutions, has revealed its Drone-in-a-Box (DIB) solution is a finalist for the prestigious Security & Fire...
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OTL AFRICA 2019: FG Promises Bigger Plans, Transparent Policies for Development of Downstream Petroleum Sector
By Ndubuisi Micheal Obineme The Nigerian Federal Government has once again reiterated its commitment to repositioning the downstream petroleum sector by making new policies that...
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OTL Africa 2019 builds momentum on ‘Innovation and Technology’ for Downstream Petroleum Industry
By Ndubuisi Micheal Obineme Over thirteen years, the Oil Trading & Logistics Africa Downstream Week have been creating a platform where industry players, government, investors...
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Ocean CEOs to Convene at Sustainable Ocean Summit 2019 in Paris
The WOC Ocean Executive Forum will assemble a unique, cross-sectoral panel of Senior Executives at the 2019 Sustainable Ocean Summit (SOS) – Paris, 20-22 November...
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GÉANT Network: Moving mountains of data across the world
Have you ever wondered how mountains of data, collected in fields from particle accelerator physics to arts and culture, are being transferred across the world?...
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OTL AFRICA 2019: INNOVATION, TECHNOLOGY IN FOCUS AS GLOBAL DOWNSTREAM OIL PLAYERS CONVERGE
Global players in the downstream petroleum industry will converge in Nigeria for the 13th Oil Trading and Logistics (OTL) Africa Downstream Week with focus on...
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COVID-19: GE and NDPHC Restores 360MW of Electricity in Calabar and Sapele
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Industry Collaboration Needed to Navigate Through The Global Pandemic, Experts says
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C.Divine Manufactures Cables, Electrical & Energy Products – Cyril Uzoma
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Total to develop 3.3 GW of solar projects close to Madrid and Andalusia
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Germany advances as Major Player in Pan-African Trade and Investment
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