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Afreximbank Accelerates Bahamas Infrastructure Modernization With U.S.0-Million Facility to Bahamas Striping Group

Afreximbank Accelerates Bahamas Infrastructure Modernization With U.S.$100-Million Facility to Bahamas Striping Group

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In a transformative boost to the Caribbean’s transport network,African Export-Import Bank (Afreximbank) has announced the disbursement of a US$100 million Receivables Discounting Facility to Bahamas Striping Group of Companies Ltd (BSGC). This funding is to assist with the financing of the rehabilitation and construction of over 200 miles of critical road infrastructure across The Bahamas….

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The IAEA and OCP Group Partner to Strengthen Global Food Security

The IAEA and OCP Group Partner to Strengthen Global Food Security

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The International Atomic Energy Agency (IAEA) and OCP Group, a global leader in plant nutrition solutions, have launched a five-year strategic partnership to accelerate scientific innovation for sustainable agriculture and resilient food systems. This collaboration will directly support the Atoms4Food initiative. Under the agreement, theInternational Atomic Energy Agency (IAEA) and OCP Group will launch a coordinated research project (CRP) applying…

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MTN Group looks to increase stake in IHS

MTN Group looks to increase stake in IHS

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MTN Group’s head office in Johannesburg. Mobile telephony group MTN is in advanced discussions to acquire the 75% shares in tower operator IHS it doesn’t already own. This follows recent speculation regarding its intentions with respect to its stake in IHS, says the JSE-listed firm. In a cautionary notice issued on SENS this morning, MTN…

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MTN Group in talks to buy out IHS Towers

MTN Group in talks to buy out IHS Towers

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MTN Group said on Thursday that it’s in advanced discussions to acquire the shares in IHS Holdings that it does not already own, a move that would see the mobile operator take control of the tower infrastructure business. In a cautionary notice to investors, MTN – which has in the past raised concerns about corporate…

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Seasoned CIO returns to Absa Group

Seasoned CIO returns to Absa Group

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Nomonde White-Ndlovu rejoins Absa as CIO for group compliance. Seasoned technology executive Nomonde White-Ndlovu has taken up a new role as chief information officer (CIO) for group compliance at Absa, effective February. This marks White-Ndlovu’s return to the banking group, after previously spending over nine years with the organisation. In her previous roles, she was…

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Afreximbank Accelerates Bahamas Infrastructure Modernization With U.S.0-Million Facility to Bahamas Striping Group

Africa: U.S., AU Launch Strategic Investment Group to Boost Trade and Infrastructure

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Nairobi — The United States and the African Union (AU) have launched a Strategic Infrastructure and Investment Working Group (SIWG) aimed at accelerating US-Africa economic partnerships. The pact seeks to create jobs, boost prosperity, and strengthen economic security on both sides of the Atlantic. US Deputy Secretary of State Christopher Landau and African Union Commission…

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Africa: Joint Statement of the United States and African Union on the Launch of a Strategic Investment Working Group

Africa: Joint Statement of the United States and African Union on the Launch of a Strategic Investment Working Group

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Addis Ababa — The following joint statement was released by the Government of the United States of America and the African Union Commission on the occasion of today’s agreement to establish a Strategic Investment Working Group. Begin text: Deputy Secretary of State Christopher Landau and AUC Chairperson Mahmoud Ali Youssouf met today at the African Union Commission in…

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