Stanbic IBTC Holdings, a member of Standard Bank Group has shared some of its latest findings from the Africa Trade Barometer Report 2022 released recently. The report, which assesses key economic indicators in Africa highlights several noteworthy developments across 10…
Sri Lanka to get first tranche of $2.9b bailout in two days: IMF
Sri Lanka will get the first $330m tranche of an International Monetary Fund (IMF) bailout package in the next two days, says the global lender, putting the onus on the cash-strapped country to rein in its debt to sustainable levels.…
Doctor who exposed China’s cover-up of Sars crisis dies aged 91
A military surgeon who exposed the Chinese government’s cover-up of the severe acute respiratory syndrome (Sars) epidemic 20 years ago and lived for years under intermittent house arrest has died in Beijing. He was 91. Dr Jiang Yanyong died of…
Stanbic IBTC Bank Nigeria PMI® Cash shortages lead to sharp decline in business activity
The Stanbic IBTC Bank Purchasing Managers’ Index™ (PMI®) survey for February indicated that cash shortages across the Nigerian economy had a severe impact on the private sector midway through the first quarter of the year. Substantial declines were seen in…
Pelé and Africa — Nduka Otiono
In the last months before the Covid-19 pandemic lockdown I chanced upon the autobiography of Edison Arantes do Nascimento in a local thrift store in Ottawa. Titled Pelé: The Autobiography (2006), it was one of the books I read during…
Rising COVID-19 infections paralysing cities in China
A record wave of COVID-19 infections has sparked further restrictions for the population in China, with the health commission in Beijing reporting more than 31,000 new cases nationwide on Thursday. While the number is not exceptionally high in comparison to…
Veronique Tadjo is Ake headliner
Ivorian writer, Veronique Tadjo, will be attending this year’s Ake Arts and Book Festival in Lagos as the headliner. Held virtually the last two editions due to the Covid-19 pandemic, the festival will be making a physical return in Ikoyi,…
EU energy ministers meet again over high energy prices
European Union energy ministers meet in Prague on Wednesday to find common ground in tackling high energy prices. Calls for an EU-wide solution intensified after Germany was criticised for announcing a gas subsidy package worth up to 200 billion euros…
Citizenship Bay opens in Nigeria
Citizenship Bay, a leading citizenship consultancy firm specialising in investment-based citizenship and residency for clients all over the world, opens in Nigeria on 15th September, 2022. According to a statement, the Firm will provide unbounded opportunities and solutions for second…
Jazz blows into town as Lagos International Jazz Festival returns
Lagos International Jazz Festival (LIJF) is back! Inspiro Productions, the organisers of the annual event have announced April 29 and 30th 2022 for this year’s edition after a brief hiatus due to the Covid-19 pandemic. Held live last in 2019…
