Equity Group Holdings has received regulatory approval to merge Equity Bank Congo (EBC) and Banque Commercial du Congo (BCDC) to form DR Congo’s second largest lender by assets.
African businesses are gearing up for the opening of the 1.2 billion people market, amid challenges on tariff concessions, rules of origin and trade in services.
When Rwanda’s president said last August that he wanted all of the country’s motorbikes to be electric as soon as possible, Ampersand’s waiting list exploded.
The company will repurchase as much as 10% of the issued capital starting with a first tranche of 85.2 million shares of 50 kobo each, or 0.5% of the total in issue, it said in a filing to the Nigerian Stock Exchange on Monday.
Kilimanjaro region in Northern Tanzania attracts tens of thousands of people to visit during Christmas and New Year, joining their families for the festivities.
The Central Bank of Kenya is reinstating charges on mobile money transactions, after they were put on hold to cushion Kenyans from the economic ravages of Covid-19.
