Category: Press Release

No need to Lament about the Oil Discovery in Namibia’s Kavango Basin. What About the Huge Benefits It Represents for Namibians? (By NJ Ayuk)

Six months ago, Canadian oil and gas company Reconnaissance Energy Africa Ltd. (“ReconAfrica”) began exploratory drilling in the deep Kavango Basin of northeast Namibia and into northwest Botswana. The company holds a total licensed area of 8.5 million acres in the area, and it hoped to find massive reserves of conventional oil in this thick Read more…

More women move to online trading

Dany Mawas, Regional Director at INFINOX (www.INFINOX.com), says that while women have been largely underrepresented in the trading industry, female participation in online trading is on the up, signifying a welcome change in the previously male-dominated arena. While several senior positions within global business and government continue to follow patriarchal lines, online trading is for everyone, Read more…

Central Bank of Nigeria (CBN) Issues New Guidelines for Mobile Money Operators in Nigeria (By Ibrahim Moshood)

The apex regulator of banking activities in Nigeria has released new guidelines to further regulate the services provided by mobile money operators (MMOs) in Nigeria (“the new guidelines”). Since 2015, when the last regulatory changes were made using the old guidelines, mobile money operators have evolved to some extent with the surge in financial solutions Read more…

Uganda is the Biggest Oil Story in Africa and is Set to Make a Strong Play for Investment at African Energy Week in Cape Town

Uganda has emerged as a formidable oil and gas competitor and African Energy Week (AEW) 2021 in Cape Town will showcase it. With sizeable reserves, enabling regulation, and a proactive national oil company that prioritizes local participation, inclusivity, and capacity building, the country is positioning itself as a force to be reckoned with, and AEW Read more…

Pan African Payments Company Cellulant acquires PSP License in Ghana as it rolls out a digital payments solution for businesses

Digital payments has seen tremendous growth in the past couple of years. As of January 2021, 38.9 percent of the population aged 15 years and older had a mobile money account in Ghana. The share of mobile money users has increased over the previous three years as Ghanaians have gradually adopted a robust digital payment Read more…

WNBA’s “W25” Platform Will Honor 25 Greatest Players of All Time and Give Fans an Opportunity to “Vote for the Goat”

As the WNBA (www.WNBA.com) continues to commemorate its landmark 25th season, the league today announced plans for the selection of “The W25” and the first ever launch of the “Vote for the GOAT” program. Many WNBA players have been deemed the greatest of all time (GOAT) over the last 25 years, but fans will vote for their Read more…

The Future of Work in Healthcare: five insights on using health-tech effectively to realise health equity in Africa and beyond

How can new digital ways of working in the healthcare sector improve outcomes for patients to increase global health equity in the COVID-19 era and beyond? This was the questions tackled by a panel of globally recognised health-tech experts in a recent webinar for the African healthcare community. Hosted by BroadReach Group CEO Chris LeGrand, Read more…

PAO Novatech CFO and Deputy Chairman, Mark Gyetvay, to Promote African LNG Opportunities at African Energy Week in Cape Town

Mark Gyetvay, Chief Financial Officer and Deputy Chairman of Russian natural gas company PAO Novatech, has confirmed his attendance and speaker participation at African Energy Week (AEW) 2021 in Cape Town. With over two decades of experience in the petroleum sector himself, Gyetvay brings with him a wealth of knowledge and valuable expertise, with his Read more…