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Payments multinational Mastercard has opened its Africa Cybersecurity Centre of Excellence, beginning a phased rollout in South Africa and Nigeria this year. The multiyear initiative will provide threat intelligence, cyber-risk analysis covering up to 50 organisations and collaboration platforms for chief information security officers across the continent, with Nigeria ranking among the most affected markets for ransomware and dark web threat activity.
Combined Maritime Task Force targets Gulf of Guinea piracySix West African countries – Côte d'Ivoire, The Gambia, Ghana, Liberia, Nigeria and Sierra Leone – launched the Combined Maritime Task Force on June 1 to combat piracy, illegal fishing and transnational crime across 26 states from Senegal to Angola. Headquartered in Lagos, the task force is envisaged to have 1 500 personnel and a fleet including ships, helicopters and surveillance capabilities, with Nigeria providing the initial assets.
British International Investment commits over £1-billion to African businessesUK development finance institution British International Investment invested £1.07-billion in Africa last year, representing 59% of its total investments, with Egypt, Kenya, South Africa and Nigeria remaining its four largest African markets by portfolio size. The institution has made $3.3-billion in climate finance investments over the past four years, including renewable energy projects in Egypt and electric motorbike manufacturing in Kenya.
Nigeria Updates
By: Nigel Sun - President of Sungrow Sub-Saharan Africa The African Energy Forum runs over four days. On the fourth day, at the same venue, the forum hosts YES, the Youth Energy Summit, its sister...
Payments processing multinational Mastercard has launched its Africa Cybersecurity Centre of Excellence – a pan-African initiative designed to strengthen cyber-resilience, enhance collaboration and...
The South African government is accelerating its five-point migration strategy, marking significant milestones in the deportation, verification, and repatriation of undocumented foreign nationals...
One of the many pertinent questions a panel interviewer asked me at the recent Cambridge Africa Business Conference was what has changed, and what do global investors consistently get wrong, about...
There was a time when a university degree came with an almost implicit guarantee: a desk, a payslip, and a place in the middle class. African parents sold cattle and made extraordinary sacrifices...
UK impact investor and development finance institution (DFI), British International Investment (BII), invested £1.07-billion in Africa last year. The figure represents 59% of BII’s total...
South Africa will deploy more police this week to deter possible violence before a June 30 deadline set by xenophobic protest groups for foreigners to leave the country. “There has been...
Public works and infrastructure minister Dean Macpherson called on law enforcement agencies to act against those responsible for violence against migrants, warning that the attacks are tarnishing...
Ghana is considering transferring control of Gold Fields’s Tarkwa mine to local firms when its leases expire next April, part of a push to increase control of its gold industry and capture more of...
By: Vuyo Mafrika - Head, Global Markets, Client Solutions – Africa Regional Offices; Chewe Chumanya, Bank Manager, Absa Zambia; and Opy Ramaremisa, Head, Client Solutions, Absa CIB The El...
The future of the African packaging and print industry looks promising, with the market projected to grow over the next five years, providing strong opportunities for businesses involved in...
Global institutional fund manager A.P. Moller Capital has signed an agreement to acquire 100% of renewable-energy developer and independent power producer Mainstream Renewable Power South Africa....
South Africa's biggest labour unions on Wednesday urged workers not to participate in anti-immigrant protests that have seized the country, and said they could face consequences if they skip work...
The World Bank Group and the African Development Bank (AfDB) have announced that their joint initiative Mission 300 has connected over 50-million people to electricity across 40 countries – a major...
Professional services and management consulting firm Turner & Townsend has highlighted that a combination of a rise in demand for premium, highly amenitised Grade A office space and a shortfall in...
South African companies with operations across Africa are facing mounting pressure as anti-immigrant protests in the continent’s largest economy trigger diplomatic tensions and calls for action...
The Ahmed Kathrada Foundation (AKF) has strongly condemned recent calls for a "national shutdown", labelling the movement as "reckless" and warning that it risks descending into anarchy and...
Nigeria will begin repatriating its citizens from South Africa this week, after anti-immigrant attacks and protests in the continent’s biggest economy. The Nigerian government has scheduled the...
The Armaments Corporation of South Africa (Armscor) is hosting 21 scientists from 16 African countries at its Protechnik Laboratories, in Pretoria, Gauteng, from June 8 to 19 for the yearly...
When former South African President Thabo Mbeki spoke at a recent event marking the sixty-third anniversary of the founding of the Organisation of African Unity (OAU) – which morphed into the...
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