April 25, 2019
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April 25, 2019

Air Lease Corporation has announced the delivery of one new Airbus A330-900neo aircraft on long-term lease to Air Mauritius.

Featuring Rolls-Royce Trent 7000 engines, the Airbus aircraft is the first of two A330-900neos to deliver to the airline from ALC’s order book with Airbus.

“ALC is delighted to announce the delivery of this first of two new A330-900neo aircraft"...

 

April 25, 2019

Rice that is ready to cook and rice grains grown as seed for the next crop look remarkably similar. That can tempt the unscrupulous, who pocket big profits by packaging table rice for sale as seed, according to counterfeiting experts.
“When you look at rice seed and rice for the table, it’s almost impossible to distinguish between the two,” said Bright Simons, a Ghanaian entrepreneur who has developed technology to detect fake seeds, medicine and other products.
Almost 10 per cent of seeds sold"...

April 25, 2019

A 1.07 million euros climate change project aimed at building resilience of agriculture landscapes in Eastern Uganda, is set to be launched in June following the completion of preparatory activities.

The project titled: Enhancing resilience of agricultural landscapes and value chains in eastern Uganda – scaling up Climate Smart Agriculture (CSA) practices” will support the adoption of CSA practices and technologies in farmer cooperatives"...

April 25, 2019

Efforts by The Nigerian Stock Exchange to encourage Government at all levels to privatize and list the shares of state-owned enterprises on its market has received a boost with the listing of 1,353,580,000 ordinary shares of Skyway Aviation Handling Company Plc (SAHCOL Plc).

Priced at N4.65, the shares were listed by way of an Initial Public Offering (IPO) on the Main Board.

SAHCOL"...

April 25, 2019

Mastercard is expanding its Engage programme in sub-Saharan Africa, with the first Engage events in Nigeria and Kenya to introduce local fintech innovators to its broad partnership opportunities.

Mastercard Engage, launched to fintechs in Nairobi and Lagos, is a global partnership and development programme that builds digital payment technology ecosystems and enhances speed to market. The programme connects financial institutions, merchants and IoT"...

April 25, 2019

Cairo: Egypt targets to collect proceeds of LE 100 billion from the initial public offering (IPO) program, Assistant Minister of Finance for Capital Market Affairs Khalid Abel Rahman said.

He added that the IPO program is expected to raise the market capitalization by LE 450 billion and to be implemented within 23 months from January 2019.

'The Egyptian government understands"...

April 25, 2019

The Minister of Petroleum Tarek El-Molla said the largest fuel production complex of high octane, and another for gasoline, diesel, and butane are being implemented in Assiut with total investments worth $2.3bn.

He pointed out that the two new projects will contribute to reaching self-sufficiency for Upper Egypt in terms of various petroleum products.

El-Molla said the two projects"...