Business News

African businesses should embrace cross-border e-commerce, says DHL

Cross-border retail volumes are predicted to increase at an annual average rate of 25% between 2015 and 2020 March 15, 2018/DHL Cross border e-commerce continues to provide significant growth opportunities for retailers and manufacturers with an international online product offering. According to a 2017 DHL (www.dpDHL.com) report, cross-border retail volumes […]

Seplat Plc Completes Debt Restructuring Programme

Culled—Proshare March 15, 2018/Vetiva Research • Extends RCF maturity to 2022 (Previous: 2018) • Issues $350 million senior note at 9.25% • FY’18 interest expense revised slightly lower on cheaper debt pricing • Refinancing berths liquidity ease, beneficial to SEPLAT project pipeline  Relatively cheaper interest rate on term note issuance SEPLAT recently announced key […]

Mastercard, Vconnect aim to empower MSMEs across Nigeria

March 15, 2018/Mediacraft Mastercard has partnered with Vconnect, Africa’s leading online business listing service,to empower Micro, Small, Medium Enterprises (MSMEs) as part of a shared commitment to drive financial inclusion and literacy in Africa. Nigeria will be the first market to benefit from the partnership, which will be rolled out […]