IMF approves $3.7 billion loan for oil-rich Angola
08/12/2018The International Monetary Fund says it has approved a three-year loan of about $3.7 billion for Angola, which seeks to diversify its economy and curb corruption after a new president.
Author: Akin Alabi - Contributor
Akin Alabi - Contributor
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Business & Economy
Nigerian firm, WAPCo to supply gas to Togo
08/12/2018Axxela Limited, a Nigerian gas and power portfolio company, has signed a Gas Transportation Agreement with the West African Gas Pipeline Company Limited to transport over 15 million standard cubic.
Business & Economy
Saudi Arabia to donate $114 million to 5 African countries
08/12/2018Saudi Arabia has promised to donate 100 million Euros ($114 million) to the G5 Sahel for development projects. The Saudi Press Agency reported Friday that Saudi Arabia has pledged the.
Business & Economy
Italy, Egypt sign €45 mln agreement to support private sector
08/12/2018Egypt’s Investment Minister, Sahar Nasr, has signed an agreement with the Italian Ambassador to Egypt Giampaolo Cantini an agreement to develop the private sector in Egypt worth €45 million. The.
Business & Economy
Telecom Egypt, Liquid Telecom sign data centre, infrastructure deal
08/12/2018Pan-African Liquid Telecom will be able to invest in Egyptian telecoms under an outline deal signed with Telecom Egypt, the country’s investment ministry said on Saturday. Liquid Telecom, a subsidiary.
Africa
President Kenyatta holds talks with Deputy President Mabuza of South Africa
07/12/2018Kenya’s President Uhuru Kenyatta has today held talks with South Africa’s Deputy President David Mabuza who paid him a courtesy call at State House, Nairobi. During the meeting, President Kenyatta.
Business & Economy
Access Bank Wins SERAS Award
07/12/2018Access Bank Plc has announced that it recently won the ‘Most Responsible Business in Africa’ and three other awards at the 12th edition of the Sustainability, Enterprise and Responsibility Awards.
Business & Economy
Diamond Bank launches premium lifestyle service targeting premium customers
07/12/2018In its quest to go beyond banking in serving its customers better and impacting on their lives, Diamond Bank has introduced a premium lifestyle subscription service for its affluent banking.
Business & Economy
[South Africa] Government launches $170m special economic zone to bolster investment
07/12/2018The South African government has launched a special economic zone in Atlantis to attract large-scale investment that will create jobs and bolster manufacturing in the area and the Western Cape..
Business & Economy
UK’s Sound Energy Starts Drilling TE-10 Well in Eastern Morocco
07/12/2018British oil and gas company Sound Energy has kicked off drilling the TE-10, the second of three planned exploration wells in Tendrara region in eastern Morocco, the company announced in.