AMA Press Releases
21 Dec 2023
GAUTENG, South Africa, 21 December 2023 -/African Media Agency(AMA)/- FBS, a leading global broker, and Education Africa, a non-profit organization committed to poverty alleviation through education, united again to distribute Christmas gifts and extend their warm wishes to families in need from Etwatwa, Daveyton. As part of their ongoing collaboration, FBS and Education Africa are eager to…
20 Dec 2023
ABIDJAN, Côte d’Ivoire, 20 December 2023 -/African Media Agency(AMA)/-The African Development Bank has decided to withdraw all its international staff from Ethiopia immediately. The office will remain open under an Officer-in-Charge. These measures will not affect nationally recruited staff from Ethiopia who will continue their work and remain in the full employment of the Bank. The Bank…
19 Dec 2023
The African Development Bank’s line of credit to Bank of Africa Tanzania Limited will facilitate the import of pharmaceuticals, solar panels, agricultural machinery and fertilizers, as shown here. ABIDJAN, Côte d’Ivoire, 19 December 2023 -/African Media Agency(AMA)/- The Board of Directors of the African Development Bank Group has approved a trade finance transaction guarantee facility to Bank of…
19 Dec 2023
JOHANNESBURG, South Africa, 18 December 2023 -/African Media Agency(AMA)/- With 2023 coming to an end, leading global broker FBS looks back at the significant economic events and delves into the perspective of the financial landscape in 2024. FBS financial market analysts point out that next year, financial markets will stand at the cusp of transformation under the influence…
19 Dec 2023
LONDON, UK, 18 December 2023 -/African Media Agency (AMA)/- The Best Places to Work organization announced today the top 25 most performing employers in Africa for 2023. The program recently compiled its annual list based on the assessment of over 500 organizations operating across the continent. Findings from this year indicated that the top performing organizations in…
18 Dec 2023
AfDB Vice President Marie-Laure Akin-Olugbade (l) and Kodjo Attaty, senior underwriter for ATIDI (r) following the signing of ATIDI’s membership into the Lusophone Compact. Abidjan 13 December 2023 ABIDJAN, Côte d’Ivoire, 18 December 2023 -/African Media Agency(AMA)/-The African Development Bank Group and ATIDI, the pan African multilateral insurer, have signed an agreement making the insurer a strategic…
15 Dec 2023
JOHANNESBURG, South Africa, December 15 2023 -/African Media Agency (AMA)/- Today marks the exciting launch of enrollment for AfricaLive!, a ground-breaking 7-week online course meticulously designed to empower aspiring entrepreneurs with the essential skills and insights for success in the rapidly evolving African business landscape. This highly anticipated program is the product of an extraordinary…
14 Dec 2023
The African Development Bank Group and The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a multilateral credit and political risk insurer and a member of the IsDB Group, have signed a strategic risk sharing engagement aimed at fostering sustainable development in Côte d’Ivoire. In this landmark collaboration, ICIEC has provided an…
13 Dec 2023
DUBAI, UAE, December 13, 2023 -/African Media Agency (AMA)/- Today’s agreement represents a hopeful stride in our collective journey limiting warming to 1.5 degrees. However, its true value will be measured by the tangible actions it prompts, particularly in the communities that have long borne the brunt of climate change. These communities have clearly articulated their…
13 Dec 2023
The announcement significantly strengthens Chipper Cash’s global licensing portfolio taking the total to a 55-strong book of individual authorisations. San Francisco, 13 December 2023 -/African Media Agency (AMA)/- Chipper Cash, a financial services company serving over five million customers across Africa and the US, has announced it now provides 100 per cent coverage in the US, enabling…
12 Dec 2023
Harnessing Partnerships for Africa’s Prosperity – Bridging the Data Trust Gap LAGOS, Nigeria, 12 December 2023 /African Media Agency (AMA)/- The anticipation builds as the third annual RegTech Africa Conference is set to once again bring together industry leaders, regulators, policymakers, and key stakeholders in the 2024 edition scheduled for the 23rd and 24th of May…
12 Dec 2023
African telco operators have a golden opportunity to win customers and build loyalty through better customer experiences. NAIROBI, Kenya, 12 December 2023 -/African Media Agency (AMA)/- According to Tracey van Heerden, Head of Product Development & Operations at Itemate Solutions, the dynamic African telco sector is primed to meet demand for superior customer experiences. “Established…
11 Dec 2023
By: Krystal Birungi, a field entomologist from Target Malaria, Uganda KAMPALA, Uganda, 11 December 2023 -/African Media Agency(AMA)/-The inaugural ‘Day of Health’ at the UN Climate Conference (COP-28) highlighted the dramatic impact of climate change on health, diseases and in particular on malaria. Heads of State and climate experts converged in Dubai to emphasise the indisputable link between climate…
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The Nigerian Navy has expressed optimism of ensuring the the 2 million bpd production before the end of the year. The Commander of the Nigerian Navy Ship (NNS) Pathfinder, Commodore Cajethan Aniaku Gabe the assurance during the command's fourth quarterly route march in Port Harcourt, Rivers State. He reiterated Navy's commitment towards intensifying the fight…
2 mins ago
South Africa President Cyril Ramaphosa has announced that tourists from Nigeria can now apply for a visa without submitting a passport. Ramaphosa spoke on Tuesday at the opening of the 11th session of the Nigeria-South Africa Bi-National Commission (BNC) in Cape Town, attended by President Bola Tinubu. Tinubu's spokesperson, Bayo Onanuga, disclosed this in a…
3 mins ago
The Economic and Financial Crimes Commission (EFCC) has said that the company suspected to be the owner of 753 units of duplexes in Abuja, flagged by its investigations, denied ownership of the estate following publications made in leading national newspapers. EFCC spokesperson, Dele Oyewale, who disclosed this in Abuja, noted that it was on the…
4 mins ago
The Director-General of the Lagos State Pension Commission (LASPEC), Babalola Obilana, has lamented that many public servants have yet to open their Retirement Savings Accounts (RSAs). Obilana made this disclosure on Tuesday during a sensitisation programme on the Contributory Pension Scheme (CPS) for employees of Local Government Areas, held in Ikeja, Lagos. Over the course…
6 mins ago
Ahead of the much-anticipated premiere of Everybody Loves Jenifa in cinemas on December 13, Funke Akindele has treated fans to a festive surprise with the release of a Christmas song, Everybody Loves Christmas. The song, performed by D'banj, Falz, Waje, and the cast of the upcoming film, is produced by music maestro Cobhams Asuquo. READ…
11 mins ago
The Chairman, Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has clarified a post challenging a proposed increase in the rate of Value Added Tax (VAT) which he shared on X in 2019. In the post, Oyedele said VAT rate increase will lead to higher inflation, interest rate hike, and more unemployment, adding…
11 mins ago
The National Pension Commission (Pencom) has announced that low-income earners can now choose between withdrawing their entire retirement savings or continuing to receive their current pension. A memo dated November 27, 2024, and signed by A.M. Salem, Head of the Surveillance Department at Pencom, outlined the new regulation. This change follows President Bola Tinubu's signing…
42 mins ago
The Joint Security Taskforce in Imo State, otherwise known as Operation Udoka, has arrested over twenty suspected members of the proscribed Indigenous People of Biafra (IPOB) and its security outfit, Eastern Security Network (ESN), in a joint clearance operation. This was as the security team raided and destroyed their camps at Aku Community in Okigwe…
47 mins ago
The House of Representatives was thrown into a rowdy session following the open declaration of support by the spokesperson of the House, Akintunde Rotimi Jr., for the controversial tax reform bills initiated by President Bola Ahmed Tinubu. Trouble started after Rotimi Jr., representing Ekiti North 1, Ikole/Oye, drew the attention of his colleagues to the…
55 mins ago
The Federal Government has said there should be no room for name-calling or the injection of unnecessary ethnic and regional slurs into the national conversation on the Tax Reform Bills before the Senate. The Minister of Information and National Orientation, Mohammed Idris, made the appeal in a statement commending the "robust nationwide debate" that has…