ETHIOPIA TO BECOME AFRICA’S FASTEST GROWING ECONOMY

Posted on April 19, 2018April 19, 2018 by Gambeta News

Ethiopia to become 2018 Africa’s fastest growing economy. Latest IMF forecasts reveals that Ethiopia will overtake Ghana as the fastest growing economy in 2018. Bretton Woods institution data shows that Ethiopia will record an 8.5 percent growth rate. This will eventually surpass Ghana’s 6.3 percent growth rate. According IMF, entry of investors such as General Electric Co, Standard Group, as well as other Chinese companies into the Ethiopian economy will further stimulate the country’s US$73 billion GDP. This GDP…

FIRST BANK OF NIGERIA LIMITED FOR CBG- RELATIONSHIP MANAGER

Posted on April 19, 2018 by Gambeta News

First Bank of Nigeria Limited (FirstBank) is Nigeria’s largest financial services institution by total assets and gross earnings. With more than 10 million customer accounts, FirstBank has over 750 branches providing a comprehensive range of retail and corporate financial services. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone and FBNBank Senegal, as well as its Representative Offices in Johannesburg,…

NIGERIA TO START ELECTRICITY TRADING WITH NEIGHBOURS

Posted on April 11, 2018April 11, 2018 by Gambeta News

Nigeria will begin trading electricity with other West African countries by June this year. The regulatory body for electricity trade in West Africa, ECOWAS Regional Electricity Regulatory Authority (ERERA) in conjunction with West African Power Pool (WAPP) is hoping to launch the regional electricity market by June. Therefore, there will be synchronization of all the electricity across the sub region. So from Nigeria to Cote D’Ivoire, will be on the same power frequency. Under this arrangement, Nigeria will be…

MOROCCO: 2017 TOP INVESTMENT DESTINATION IN AFRICA

Posted on April 9, 2018April 9, 2018 by Gambeta News

Morocco ranks number one in 2017 top investment destination in Africa According to Quantum Global Research Lab’s latest Africa Investment Index 2018 (AII), Morocco is the most attractive economy for investments in Africa. Morocco ranks first based on its increasing economic growth, strategic geographic positioning, increased foreign direct investment, external debt levels, social capital factors and overall favourable business environment. Morocco has consistently attract inward flow of foreign capital, specifically in banking, tourism and energy sectors and also…

Applications Sales Senior Manager At Oracle Nigeria

Posted on March 26, 2018 by Gambeta News

Oracle provides the world’s most complete, open, and integrated business software and hardware systems, with more than 370,000 customers including 100 of the Fortune 100 representing a variety of sizes and industries in more than 145 countries around the globe. Applications Sales Senior Manager Job Ref: 18000ABP Job Type: Regular Employee Hire Scope Manages Oracle Applications sales in Nigeria Reports to the Applications Sales Africa Cluster leader Leads a team of Applications Sales Representatives /Territory…

WEST AFRICAN MINING AND POWER EXPO (WAMPEX) 2018

Posted on March 12, 2018 by Gambeta News

ACCESS THE MINING HUB OF WEST AFRICA ACCRA INT’L CONFERENCE CENTRE, GHANA 30 MAY – 1 JUNE 2018 West African Mining and power expo is an unrivaled international platform for business opportunities. Exhibitors from around the world participate at WAMPEX to showcase latest technologies, innovations and products. In addition WAMPEX runs alongside the West African Mining & Power Conference where senior government and industry heads and influencers discuss policy, legislation, challenges and market developments. After 24…

Regulatory Affairs Specialist (Consumer Health, Nigeria) At Merck

Posted on March 6, 2018March 6, 2018 by Gambeta News

A career at Merck is shaping how the world lives, works and plays. It is the next generation advancements in healthcare, life science and performance materials. For 350 years and across the world we have passionately pursue our curiosity. We have find novel and vibrant ways of enhancing the lives of others. Regulatory Affairs Specialist (Consumer Health, Nigeria) Roles Ensuring compliance of the local Merck CH product portfolio with applicable regulations, guidelines and Merck standards. set…

NAIRA CAN NOW BE USED FOR TRADE IN UK

Posted on February 12, 2018 by Gambeta News

Naira has been added to the list of currencies used in UK The United Kingdom’s credit agency has declared naira as one of the international currencies to be used in her transactions. Hence, naira is an acceptable currency for business transactions in UK . This step will increase trade and investment between both countries and shows the worth of Nigeria to UK. UK will fund 85% of projects containing at least 20% British content. Interested…

Drought to hit other cities in Africa asides from Cape Town.

Posted on February 7, 2018 by Gambeta News

Cape Town and other cities in Africa to face drought. Plans for investment in water infrastructure in Africa needs to be set in place. As the count down to Cape Town drought comes close. May 11 is the predicted date for the drought due to the current climate change. Cape Town is not the only place in Africa that will be affected by this drought. Restrictions to water usage are been implemented in Cape Town…

MALL FOR AFRICA SPREADS TO MORE PARTS OF AFRICA.

Posted on February 2, 2018 by Gambeta News

Mall for Africa expands to 11 new countries in Africa. Worldwide e-commerce and m-commerce colossus, Mall for Africa will expand into 11 new countries in Africa. In acknowledgement to the growing demand for its patented platform, the app will now be available in African countries like Angola, Chad, Guinea, Botswana, Tanzania, Uganda, Malawi, Egypt, Democratic Republic of Congo, Senegal, and Sierra Leone. The app offers items from 250 US and UK retailers to stores that are…

PERSEUS COMPLETES FIRST GOLD POUR AHEAD OF SCHEDULE

Posted on January 29, 2018 by Gambeta News

Perseus mining has done her first gold pure ahead of schedule Perseus mining company completed its first gold pour in Ivory Coast one month ahead of schedule. The estimated capital cost of the full development of the mine and infrastructure, amounted to $107-million. As part of the implementation of its operations readiness plan for Sissingué, Perseus has recruited an experienced operating team under the leadership of General Manager Merlin Thomas. The team has…

ATTERBURY COMPLETES MAJOR PROJECTS IN AFRICA

Posted on January 25, 2018January 25, 2018 by Gambeta News

Property developer and investor Atterbury, focused to develop Africa. Lack of opportunities in South Africa because of a low growth environment, has cause Atterbury to shift its focus to Mozambique and have currently completed the first phase of the US$20m Pemba Shopping mall in Mozambique’s port city of Pemba, the capital city. Pemba Shopping, an 8,000m² centre, is a joint venture between Atterbury and TradeHold Africa. It is one of three shopping centres that Atterbury is…

First Bank Of Nigeria Vacancy For Business Performance Monitoring Manager

Posted on January 16, 2018 by Gambeta News

AfDB AND EU TO INVEST US$9m IN ABIDJAN-LAGOS HIGHWAY

Posted on November 15, 2017 by Gambeta News

Abidjan-Lagos Highway gets US$9m boost from AfDB and EU According to the President of the Economic Community of West African States (ECOWAS), Marcel Alain de Souza, The African Development Bank (AfDB) and the European Union (EU) have agreed to inject US$9m for the construction of the 1,008km highway which will connect Abidjan to Lagos. Mr. Marcel said after 42 years of integration, ECOWAS are yet to achieve 15 per cent of its goal, and since 70% of…

Global Graduate (Legal And External Affairs) Recruitment At British American Tobacco

Posted on November 6, 2017 by Gambeta News

Job number: 19030BR Job title: Global Graduate (Legal and External Affairs) Location/City: Lagos Appointment type: Permanent Job purpose and key deliverables: British American Tobacco has an exciting opportunity for a Global Graduate (Legal and External Affairs) to join our team in Nigeria. We are BAT! A global leader with more than 200 brands in over 200 markets; we bring together the world’s brightest and best minds, that’s why we value uniqueness. If you’re driven, passionate, ambitious and courageous, our Global…

West Africa in talks about shared currency

Posted on November 1, 2017 by Gambeta News

Nigeria not partisan to the idea of a shared currency among West African Nations The Economic Community of West African States (ECOWAS) is currently in talks about a shared instrument. This was recently confirmed, when the Chairman of ECOWAS and also Togolese President, Faure Gnassingbe stated that “our region needs this unifying instrument, symbol of our shared destiny, to consolidate our customs union”. The economic community set up a task force comprising Togo, Niger, Ghana,…

NIGERIA ENTERS LEAGUE OF STEEL EXPORTERS

Posted on October 24, 2017 by Gambeta News

Nigeria soon to become an African steel export giant. The latest development in the steel industry is an indication that soon Nigeria’s steel industry would be the next sector to watch out for after its Cement Industry. The largest steel manufacturer in Nigeria, African Industries Group has started exporting its product to Morocco, Egypt and Ghana, and is looking forward to go beyond Africa. Chairman, African Industries Group, Raj Gupta, while speaking at the unveiling of the company’s export activities to…

SEVERAL PERSONS INJURED FROM TRAIN ACCIDENT

Posted on October 24, 2017October 24, 2017 by Gambeta News

A train accident in Ghana lead to several individuals having injuries. A number of injuries have been reported from the accident which occurred early Monday morning In Ghana’s capital, Accra. The train, run by the national railway company, was headed for a business district with people and goods from the town of Nsawam, the town located in the eastern region. Twitter showed a coach painted in the national colours hanging on the side of the…

NIGERIA IS RE-ELECTED TO UN HUMAN RIGHT COUNCIL

Posted on October 17, 2017 by Gambeta News

Ghana stepped down for Nigeria to be re-elected in the UN human right council, joining 14 other states. On Monday in New york, the UN General Assembly in a secret ballot elected Nigeria and 14 other states to be among the Human Rights Council, UNHRC, for a term between 2018 to 2020. According to Nigeria news Agency, UNHRC tends to be the highest intergovernmental body in the UN for matters that are related to protection…

African Finance Corporation to fund Natural resources development across Africa

Posted on October 9, 2017October 9, 2017 by Gambeta News

AFC have set aside US$700m for the development of Africa’s Natural resources sector. At the 9th West and Central Africa (WACA) Mining Conference and Exhibitions, Begna Gebreyes , the Vice President, Investment, of African Finance Corporation (AFC) said, AFC will be making available about US$700 million for the development of the natural resources sector of the continent. In his statement he buttressed that for the socio-economic development of African countries, more infrastructure will be needed by resource extraction firms….

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