September 24, 2022 | CEO Business Africa

Canadian oil and gas company ReconAfrica acquires half of NAMCOR’s shares in Kavango basin

September 24, 2022September 24, 2022

NAMIBIA – Reconnaissance Energy Africa (ReconAfrica), a Canadian oil and gas company, has announced that it has entered into a definitive purchase and sale agreement with its partner, Namcor Exploration and Production (NAMCOR). The partnership is to acquire half of NAMCOR’s 10% carried participating interest in the approximate 6.3 million acres petroleum exploration licence (PEL 73) in the Kavango basin,…

Renewable energy services provider Starsight Energy and SolarAfrica Energy merge their business

September 24, 2022September 24, 2022

SOUTH AFRICA – Renewable energy services provider, Starsight Energy, and South African-based solar firm, SolarAfrica Energy, have announced their merger agreement. This merger makes them one of the continent’s leading solar players with a genuine pan-African footprint to provide competitive, full-service renewable energy and energy efficiency solutions to the C&I sector The merger, which is subject to standard regulatory approvals…

Clickatell partners with Central Bank of Nigeria to provide eNaira banking service

September 24, 2022September 24, 2022

NIGERIA – Clickatell, a leader in global mobile messaging and pioneer in mobile technology, has partnered with the Central Bank of Nigeria (CBN) to deliver eNaira banking services to all Nigerians using the USSD channel. The two partners have launched a USSD channel for its eNaira Central Bank Digital Currency (CBDC) as part of the country’s drive to make basic…