Partner Press Releases

This section features Press Releases issued by Partners of IC Publications, publishers of African Business. This section is not monitored by the editorial team of African Business and none of the content has been checked or validated by our editorial teams, proof readers or fact checkers. As such we cannot vouch for the quality nor the veracity of the content published below and the issuer is solely responsible for the content of this announcement.

One Million People Displaced by Drought in Somalia
Download logo A devastating drought in Somalia has reached unprecedented levels, with 1 million people now registered as displaced within the country. More than 755,000 people have been internally displaced in Somalia because of the severe drought this year, bringing the total figure to 1 million pe…
Guinea: Government Dissolves Opposition Coalition
Download logo Guinea dissolved the National Front for the Defense of the Constitution (Front national pour la défense de la Constitution, FNDC), a prominent coalition of Guinean civil society groups and opposition parties, on politically motivated grounds on August 8, 2022, Human Rights Watch said …
South Africa: Agriculture, Land Reform and Rural Development negotiates a settlement to clear Citrus Blocked in the European Union (EU) Ports
Download logo The Department of Agriculture, Land Reform and Rural Development (DALRRD) confirms that it has managed to negotiate a settlement that will see clearing of citrus containers stuck in ports of entry in the European Union (EU). To date we have managed to clear more 300 of the 509 containe…
Uganda: ‘Demarcate fishing zones to safeguard breeding areas’
Download logo The Minister for Energy and Mineral Development, Hon. Ruth Nankabirwa has called for setting up of beacons on Lake Victoria that demarcate no-fishing zones. According to Nankabirwa who is a former Minister of State for Agriculture, Animal Industry and Fisheries, Bulago Island covers a …
Uganda: Trade minister accused of unfair policies on rice importation
Download logo Parliament has directed the Minister of State for Trade, Hon Harriet Ntabazi to withdraw her directive on what they termed, ‘unfair trade policy on rice importation’. On 21 April 2022, Ntabazi issued a directive to the Commissioner, Customs Uganda Revenue Authority (URA) where she dire…
Webb Fontaine Announces Launch of Niger National Single Window (NNSW) to Bolster Trade
Webb Fontaine (www.WebbFontaine.com) and the Niger Chamber of Commerce and Industry, along with its partners, marked the launch of the Niger National Single Window platform through a ceremony held at the Chamber of Commerce and Industry of Niger. The Single Window platform will bolster foreign trade…
‘Africa will decide its energy future’ – Obasanjo
Download logo In the midst of a global oil-and-gas crisis, Africa must take charge of its own energy destiny, and use its rich resource assets for the benefit of its own people. This is the call from former Nigerian president Olusegun Obasanjo. His comments come as the world scrambles to find new so…
Verdant Capital raises USD 10 million of debt funding for Zeepay, leading cross-border payments company operating as a challenger mobile money company
Verdant Capital (www.Verdant-Cap.com) has raised USD 10 million of debt funding for Zeepay. The medium-term debt raise, which forms part of its A.5 series, comes to support Zeepay in a bid to augment its fast-growing remittance to wallet business. The debt funding is intended to support the rapid gr…
Network International Reports Strong H1 2022 Results with Revenue Up 31% and Profit Increasing 113% Reflecting Strong Trading and Strategic Delivery
Download logo The company, which operates across Africa and the Middle East, has seen financial outcomes that reflect solid trading and strategic delivery, driving strong cashflow generation; Figures include new financial institution wins and merchant signups; accelerated transaction growth; cross-s…
United Nations Mission in South Sudan (UNMISS) Statement on the Announcement of Agreement on the Roadmap to a Peaceful and Democratic End of the Transitional Period
Download logo The United Nations Mission in South Sudan, (UNMISS) welcomes the announcement on 4th August 2022 of an agreement by the parties to the Revitalized Peace Agreement (R-ARCSS) on a Roadmap which extends the current transitional period by 24 months. This extension is to enable the implemen…