Dangote Industries to get $1 Billion Afreximbank Intra-African Trade Financing — BizNis Africa

The African Export-Import Bank (Afreximbank) today in Kigali signed agreements to provide financing facilities totaling $1.11 billion to support African entities engaged in intra-African trade, including $1 billion to the African conglomerate Dangote Industries Limited. The signing ceremonies, held as part of the ongoing activities marking the 24th Annual General Meeting of the Bank, are in… […]

Standard Bank launches world’s first China Africa Banking Centre

Standard Bank has opened the world’s first dedicated Africa China Banking Centre (ACBC) at its Simmonds Street offices in Johannesburg, South Africa. The Centre will look to provide a long-awaited platform to link African and Chinese clients with China’s highly networked digital banking and customer knowledge systems. The Centre is a virtual finance hub for… via […]

Standard Bank launches world's first China Africa Banking Centre

Standard Bank has opened the world’s first dedicated Africa China Banking Centre (ACBC) at its Simmonds Street offices in Johannesburg, South Africa. The Centre will look to provide a long-awaited platform to link African and Chinese clients with China’s highly networked digital banking and customer knowledge systems. The Centre is a virtual finance hub for… via […]

China is Africa’s largest economic partner

China is Africa’s largest economic partner. Yet it has been a challenge to understand the full extent of the partnership due to a dearth of data. A new report by McKinsey Africa (www.McKinsey.com) finds that its involvement is bigger and more multifaceted than previous studies suggest. “Chinese engagement with Africa is set to accelerate by… via […]

China is Africa's largest economic partner

China is Africa’s largest economic partner. Yet it has been a challenge to understand the full extent of the partnership due to a dearth of data. A new report by McKinsey Africa (www.McKinsey.com) finds that its involvement is bigger and more multifaceted than previous studies suggest. “Chinese engagement with Africa is set to accelerate by… via […]

Sisa Ngebulana builds ZAR130 million hotel in Mthatha — BizNis Africa

Sisa Ngebulana, Billion Group Founder and CEO has built a ZAR130 million three-star hotel in Mthatha, South Africa. Ngebulana is planning a ZAR16 billion investment in the Eastern Cape in the next 10 years‚ encompassing Mthatha‚ Port Elizabeth and East London. “I have passion for the Eastern Cape and, of course, Mthatha. I was born… via […]

Hyprop Investments reshuffles Board Of Directors — BizNis Africa

Shareholders are advised that Nonyameko Mandindi has been appointed as an independent non-executive director to the board of directors of Hyprop, with effect from 8 May 2017. Nyami is a Professional Quantity Surveyor and has been involved in every aspect of the infrastructure, property investment and development value chain during her career. Nyami currently serves […] […]