Africa Education 

World Bank approves $50 million grant to improve quality of  education in Sierra Leone 

The World Bank Board of Executive Directors yesterday approved a $50 million grant to support the Government of Sierra Leone’s flagship program for Free Quality School Education launched in 2018. According to the World Bank, the Free Education Project will support some initial COVID-19 response activities, including provision of distance learning and communication campaigns on prevention. Sierra Leone has made significant gains in school enrolment, but education outcomes and skills acquisition are among the lowest in Africa. The education sector also faces issues of deep inequities in access, weak governance,…

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Africa Financial Services 

MONEY, PEOPLE & POWER: The 10 bank CEOs who control 80% of Uganda’s banking sector – CEO East Africa

1. Anne Juuko Chief Executive, Stanbic Bank 2019 Asset Value: UGX6.6 trillion Market Share: 20.2 per cent Industry Rank: 1 Stanbic Bank has maintained the top spot in the banking sector ever since the acquisition of a majority stake (80per cent) in Uganda Commercial Bank (UCB) back in 2001. Getting to the top spot was the easy bit – despite the politics around the acquisition. Remaining at the top, ahead of the chasing pack is where all credit is due to the bank shareholders and management that have given the…

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Asia Covid19 

Remains of 50 OFWs who died from COVID-19 in Saudi Arabia will not be brought home

The remains of 50  overseas Filipino workers (OFWs) who died from the coronavirus disease (COVID-19) in Saudi Arabia will not be brought back to the Philippines and will instead be buried there, following local customs, Malacañang clarified on Sunday. According to Presidential spokesperson Harry Roque, these 50 OFWs who died of COVID-19-related illnesses will not be included among the remains that are set to be brought back to the Philippines. “Per the Department of Labor and Employment (DOLE), the remains of the 50 OFWs who died due to COVID-19 related…

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Africa Covid19 

Post-COVID-19: Nigeria Needs to Design and Improve its Current Business Continuity Strategy – Abdullahi Haske

Abdullahi Bashir Haske is the founder and Chief Executive Officer of AA&R Investments, an indigenous oil exploration company. In this interview, he highlighted how the oil and Gas has faires and how it would survive and importance of creating an enabling environment for the non-oil sector to thrive. Excerpts: • How would you access the oil and gas industry in the heat of global crude oil prices crises? Normally when there is price crash of crude, investments in the oil and gas sector will be affected especially the capital projects.…

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Africa Utilities 

Telecoms giant Orange looking at move into South Africa ‘within months’

French telecommunications company Orange says that it is considering further expansion in Africa, including entry into new markets such as Nigeria and South Africa In an interview with Les Echos business newspaper, chief executive officer Stephane Richard said that a move could happen within months. “It could make sense to be in economies such as Nigeria and South Africa,” Richard said. “If one considers there are things to do, the time frame I am considering is rather a few months than a few years.” He declined to comment on possible…

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