Kenya govt approves $40m Likoni cable car project
18/08/2018The Kenyan Cabinet has approved the construction of a Ksh4.1 billion ($40 million) cable car project to ease movement of passengers between Mombasa Island and the mainland. A Kenyan and.
Author: Akin Alabi - Contributor
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Africa
Kofi Annan, former UN secretary general, dies
18/08/2018Former United Nations Secretary General and Nobel Peace Prize laureate Kofi Annan died Saturday after a short illness at the age of 80, his foundation announced. “It is with immense.
Business & Economy
‘CBN/ABP to disburse loan to 1,500 farmers in Kogi’
18/08/2018Doyin and Susan Foundation, an NGO, has facilitated loan of between N300,000 and N900,000 for 1,500 farmers in Kogi West Senatorial District under Anchor Borrowers Programme (ABP). Chairperson, Board of.
Business & Economy
Canadian Overseas To Raise GBP3 Million To Develop Nigerian Project
17/08/2018Canadian Overseas Petroleum Ltd on Friday said it intends to raise GBP3 million through a share placing to finance its Nigerian development project. The oil & gas company said it.
Business & Economy
Featured
Leftists table bill to nationalize South Africa’s central bank, rattle rand
17/08/2018Opposition firebrand Julius Malema tabled a bill to nationalize South Africa’s central bank, rattling markets wary of any threat to the institution’s independence. The rand fell more than 1 percent.
Africa
The Vice-President of Angola, Bornito de Sousa to Preside Over Traffic Planning Council
17/08/2018The Vice-President of the Republic, Bornito de Sousa, will preside over next Friday (17), in Luanda, the session of the National Council of Traffic Planning. According to a note from.
Business & Economy
Tanzania: Why Farmers Must Get Health Insurance Cover
17/08/2018WHILE investing in health insurance is an important step in building a strong economy, smallholder farmers in Kagera Region have never had health insurance. Weak and sick people cannot positively.
Business & Economy
Nigerian power firm to build 5 mw power plant for South African agric company
17/08/2018Abuja – In a rare feat, a Nigerian power production company, Top Two Group, is to build a 5-megawatts capacity power plant for a South African company, Country Bird Holdings,.
Africa
Business & Economy
Co-operative Bank of Kenya eyes Sh200m stake in new mortgage firm company
17/08/2018Co-operative Bank of Kenya #ticker:COOP has set aside Sh200 million for a capital injection in the Kenya Mortgage Refinance Company (KMRC), a government-led unit that is meant to ease access.
Africa
Business & Economy
Nigeria, Mozambique top oil & gas capex outlook in sub-Saharan Africa to 2025
17/08/2018In sub-Saharan Africa, Nigeria leads with 10 planned oil and gas projects expected to start operations between 2018 and 2025, followed by Mozambique with two projects. In terms of announced.