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The mission of Africa Re is to foster insurance development by supporting, assisting and working with national insurance markets in the African continent. That is the primary mission of Africa Re. When Africa Re was created as an initiative of African Development Bank following an agreement with Member States of the Organisation of African Unity (OAU), the idea was to bring together all states on the continent, provide capacity which was very rare at that time, bring capital and start doing what was being done by foreigners only.

R-L: Dr. Eberechukwu Uneze, Executive Director, Asset Management Corporation...

Smile, pioneer 4G LTE telecommunications service provider in West...

The Nigerian Content Development and Monitoring Board (NCDMB) and foremost gas firm, the Nigeria...

Stanbic IBTC Holdings, a subsidiary of Standard Bank Group,...

Strong cost pressures meant that firms operating in the...

Stanbic IBTC Holdings, A member of Standard Bank Group...

A Chinese firm, Golden Horse Company Limited, has commenced the manufacture of electric meters in Nigeria following the approval of its application by the National Electricity Regulatory Commission (NERC). This was stated in Abuja by Mr. Mathew Uwaekwe, the National Co-ordinator, Nigeria-China Business Council. He said the company has since commenced production of the meters, and expressed the confidence that jobs will not only be created but that it would save the country millions in foreign exchange that could have been used for the importation of meters.