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Companies

VC4A, ABAN announce virtual edition of ‘Africa Early Stage Investor Summit’

October 23, 2020

Companies

DuPont Water Solutions Sponsors W12+ ‘Congress for Water Security’

October 23, 2020

Companies

Clickatell celebrates 20th anniversary

by Jimoh Peters

October 23, 2020

Twenty years ago, Clickatell, a global leader in mobile communications and chat commerce became the first company to connect the...

Companies

Blue Prism releases SAP® Accelerators

by Jimoh Peters

October 20, 2020

Driving innovation and disruption with smarter, more capable digital workers, Blue Prism has announced new automation capabilities specifically designed for...

Canon launches five entry-level printers

Companies

Canon announces winners of photojournalism awards

by John Chukwu

October 20, 2020

Canon Central and North Africa has announced the winners of the ninth annual Uganda Press Photo Award and the third...

Companies

Jubilee Insurance, Allianz forge strategic partnership

by Jimoh Peters

October 20, 2020

Jubilee Holdings Limited, East Africa’s largest insurance group, and Allianz, one of the world's leading insurers and asset managers, have...

Companies

Mastercard welcomes partners in fight against climate change

by Jimoh Peters

October 20, 2020

As the effects of climate change ravage many parts of the world, Expo 2020 Dubai, Emirates NBD and Network International...

PIDG, EAIF supports Senegal's local currency bond issue

Companies

Dewa completes repayment of $1.5bn bond

by Ehime Alex

October 20, 2020

State utility provider, Dubai Electricity & Water Authority, has completed the repayment of its last outstanding bond of $1.5bn The...

The African Development Bank has decided to have an independent probe into allegations levelled against its President, Akinwunmi Adesina.'The bank has been under intense pressure from the United States, its highest shareholder outside Africa, for an independent probe of the AfDB president.Allegations against Adesina bordered on questionable appointments, contract awards though the bank's ethics committee had cleared him of all charges.Adesina is running for a second term in office.Shortly after the ethics committee cleared Adesina of all wrongdoings heralded by a group of whistleblowers, the US treasury had questioned the integrity of the bank's ethics committee and its internal process.A statement by AfDB's Bureau of the Board of Governors, said, "Based on the views of some governors on the matter and the need to carry every governor along in resolving it, the bureau agrees to authorise an independent review of the report ot the ethics committee of the Board of Governors relative to the allegations considered by the ethics committee and the submissions made by the President of the Bank group thereto in the interest of due process."It added, "The independent review shall be conducted by a neutral high calibre individual with unquestionable experience, high international reputation and integrity within a short period of not more than two to four weeks maximum, taking the Bank group electoral calendar into account."The Bureau agrees that, within a three to six months period and following the independent review of the ethics committee report, an independent comprehensive review of the implementation of the Bank's group whistleblowing and complaints handling policy should be conducted with a view to ensuring that the policy is properly implemented, and revising it where necessary, to avoid situations of this nature in the future."

Companies

AfDB president, Adesina to receive CIBN’s fellowship award

by Ehime Alex

October 20, 2020

The Chartered Institute of Bankers of Nigeria will honour Dr. Adewunmi Adesina, President of the African Development Bank, alongside 200...

Companies

Merck, Ghana, Nigeria first ladies celebrate award-winning journalists

by Jimoh Peters

October 19, 2020

Merck Foundation has announced the winners of ‘Stay at Home’ Media Recognition Awards in partnership with Rebecca Akufo-Addo, Ghana's First Lady, and Nigeria's Dr. Aisha...