OUR NEWS

January 17, 2020

Six West African countries have criticised what the changes of the regional CFA Franc currency to Eco, saying its not in line with what was agreed for the adoption of a single regional currency.

Last month, French President Emmanuel Macron and his Ivorian counterpart Alassane Ouattara announced that the West African Economic and Monetary Union (WAMU) would adopt major reforms including a name change and a degree of independence from...

December 13, 2019

Nigeria will issue visas on arrival for all African passport holders effective January 2020, president Muhammadu Buhari has announced.

His tweet of the move this morning confirmed an earlier tweet on Wednesday by Somalia’s Foreign Affairs Minister.

Ambassador Ahmed Awad wrote: “I wish to profoundly commend President Muhammadu Buhari of Nigeria who just announced at the Aswan Forum complete visa exemption for all Africans.

“Starting Jan...

October 4, 2019

In September, mobs armed with makeshift weapons attacked businesses and homes owned by foreigners, leading to at least 10 deaths, dozens of injuries and up to 400 arrests.

In response Nigeria repatriated around 600 of its citizens living in South Africa.

The local units of South African telecoms company MTN and supermarket chain Shoprite closed all stores and service centres in Nigeria after their premises were attacked by Nigerians p...

August 28, 2019

South Sudanese in Marial Ajith community in northwestern South Sudan, an area very fertile and has plenty of rivers and basins are starting to farm again after years of war that destroyed their farms.

According to United Nation’s organization, FAO agricultural production used to be high and vegetables were exported from the region to the rest of South Sudan. Years of conflict, however, made this area a dangerous place to harvest the...

May 24, 2019

Kenya’s Safaricom will start a joint venture worth $13 million with South Africa’s Vodacom to acquire the intellectual property rights of M-Pesa from Britain’s Vodafone, Safaricom’s CEO said on Thursday.

The two mobile phone operators will acquire the intellectual property rights to the financial services platform M-Pesa, from Britain’s Vodafone.

Safaricom Chief Executive, Bob Collymore said the deal would be used to expand M-Pesa ser...

May 24, 2019

The United Kingdom’s Prime Minister, Theresa May on Friday paved way for a new leader of her governing Conservative Party, announcing that she would step down on June 7.

“It is now clear to me that it is in the best interests of the country for a new Prime Minister to lead that effort. So I am today announcing that I will resign as leader of the Conservative and Unionist Party on Friday the 7th of June,” May said.

May has been under p...

May 10, 2019

The Gambian government has said it had signed a contract with BP to explore oil and gas off its coast. 

The government of President Adama Barrow is trying to build up Gambia’s oil and gas sector as a way of reviving an economy gutted by more than two decades of autocratic rule under former President Yahya Jammeh. 

In a brief statement, Barrow’s office said he had met BP representatives at the presidential palace. But they gave no furt...

May 8, 2019

The South African government on Monday signed an oil production agreement with South Sudan, signalling intent to pump money into Juba's nascent petroleum industry that has almost stalled over conflict.

The deal known as the Exploration and Production Sharing Agreement (EPSA) will see Pretoria's state-owned Strategic Fuel Fund (SFF) granted permission to explore oil in an area known as Block B2, which is in the wide oilfields of the M...

April 1, 2019

Egypt’s President, Abdel Fattah al-Sisi has raised the country’s minimum wage to 2,000 Egyptian pounds ($116) a month from 1,200 pounds, he said at an event on Saturday celebrating women.

Sisi said the raise would apply to all Egyptian workers and added that pensions would rise by 15 percent, with pensioners receiving a minimum increase of 150 pounds to take the minimum pension to 900 pounds.

“This was supposed to come out on June 30....

March 15, 2019

Angola is expected to receive a $1 billion loan from the World Bank to finance social security, water projects, the president’s office said Wednesday.

Africa’s second largest oil producer has been pushed into an economic crisis due to the fall in oil prices since mid 2014.

Angola’s treasury is now expected to receive 1.5 billion US dollars from the World Bank over the next three years.

Earlier, the Central African nation agreed to rece...

Please reload

SUBSCRIBE TO OUR NEWSLETTER

Sign up and keep up to date with Oakmark's latest news, services and updates 

WEST AFRICA'S NO.1 ECONOMIC AGENTS

REGIONAL OFFICE

INTERNATIONAL OFFICE

CONNECT WITH US

SITE MENU

1 Kandi Close, Off Aminu Kano

Crescent, Wuse 2, Abuja F.C.T

Nigeria 

King Court, 17 School Road
Hall Green Birmingham
United Kingdom  B28, 8JG

+234 -(0)- 929 207 02
+234 (0) 808 643 0422

+44 (0) 121 244 1814
+44 (0) 746 625 2505

© 2020 Oakmark Global Vision Ltd - All Rights Reserved.

UK Company No. 07634879 / Nigeria Company No. RC 1288232

WEST AFRICA'S NO.1 ECONOMIC AGENTS
  • Grey Facebook Icon
  • Grey Twitter Icon
  • Grey Instagram Icon
  • Grey LinkedIn Icon