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Orange Middle East and Africa and Mastercard Partner to Digitize Payments for Millions across Africa by 2025

Partnership to empower millions of Orange Money wallets with digital payments by 2025, boosting financial inclusion in seven countries October 29, 2024/Orange Middle East and Africa Orange Middle East and Africa (OMEA) and Mastercard have announced a strategic partnership to expand access to mobile financial services across Sub-Saharan Africa. This […]

Okomu Oil Palm Plc Q3-24: Strong Revenue Growth Drives Stellar Earnings

October 29, 2024/Cordros Report Okomu Oil Palm Plc (OKOMUOIL) published its Q3-24 unaudited financials after close of business yesterday (28 October), reporting growth of 72.5% y/y in Q3-24 standalone EPS to NGN8.54 (Q3-23: NGN4.95), resulting in 9M-24 EPS of NGN29.71 (9M-23: NGN21.93). The positive outturn in EPS was due to […]

African countries push for $25 billion replenishment of the AFD as Sudan tops up its pledge

The current $8.9 billion three-year financing cycle or the 16th replenishment, which ends in 2025, was the largest ever in the history of the African Development Fund October 29, 2024/AfDB Sudan has increased its pledged contribution to the replenishment of the African Development Fund to $3 million, its Minister for Finance […]