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World Bank takes stake in Wizzit |
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Written by Maya Fisher-French
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Friday, 07 December 2007 |
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Virtual bank Wizzit, which provides low-cost cellphone banking to lower-income earners, has received major backing from the World Bank.
IFC, a member of the World Bank Group which provides finance to commercially viable businesses that promote development, has signed an agreement to take a 10% equity stake in Wizzit.
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South African Miners Strike Over Safety |
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Written by ROBB M. STEWART
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Tuesday, 04 December 2007 |
JOHANNESBURG -- Thousands of South African mine workers downed tools
Tuesday in the country's first ever one-day strike to highlight the
high number of fatalities in the industry each year. |
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Major Reforms Boosting Growth, Says World Bank |
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Written by allafrica.com
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Thursday, 15 November 2007 |
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 Africa?s prospects for economic growth are improving as a result of reforms in macro-economic management and trade policy, as well as better governance, the World Bank reports today.
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Nigeria: FG Sacks Nicon Board |
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Written by Abubakar Ibrahim
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Thursday, 15 November 2007 |
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 The board and management of NICON Insurance company, both led by controversial investor Barrister Jimoh Ibrahim, were sacked yesterday by the Federal Government's insurance regulatory body, the National Insurance Commission of Nigeria (NAICOM). Also sacked were the board and management of Nigerian Reinsurance Company.
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West Africa Experiences A New Borderless Network |
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Written by Kelvin Chibomba
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Thursday, 15 November 2007 |
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 Following Celtel and MTN, Orange has launched its borderless network in West Africa enabling customers to keep their phone number and harmonising calling rates when they travel in the following countries: C?te d'Ivoire, Mali, Guinea, Guinea- Bissau and Senegal.
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