Business Development
Telkom Appoints Former Samsung Africa CEO to Board
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Sustaining economic empowerment through financial inclusion, energy access
Financial inclusion and provision of sustainable energy is at a turning point in Africa’s largest economy, Nigeria. With a population of over 200 million, about 50 per cent of the total population live in rural areas, and only 39 per cent of those living in rural communities have access to electricity. This is in addition to over 40 per cent of the entire population who are financially excluded or underserved. However, the proliferation of digital financial services in Nigeria – powered largely by growth in fin-tech companies – has catalysed an unparalleled increase in the current number of people with access to formal financial services, while further opening up opportunities to address power supply challenges across rural communities; a major feat instrumental towards achieving the broad...
NiDCOM chief congratulates Benedict Oramah on his re-appointment as Afreximbank president
The Chairman/CEO, Nigerians in Diaspora Commission (NiDCOM), Mrs Abike Dabiri-Erewa, has congratulated Prof. Benedict Oramah on his re-appointment as President, African Export-Import Bank (Afreximbank) for a second term in office. The NiDCOM chair expressed the felicitations in a statement by Mr Gabriel Odu of the Media, Public Relations and Protocol Unit of the commission on Tuesday. The NiDCOM chief said that Oramah’s “enormous contributions to the growth and development of the bank and the huge successes attained during his first tenure” testified to his re-appointment. She, therefore, urged Oramah, as a Nigerian in diaspora, to woo more diaspora investors to invest in the continent particularly Nigerian diasporas and to continue on his quest to better prepare the African continent to c...
