Botswana says China agreed to extend loan, cancel debt
08/09/2018China has agreed to extend a loan to Botswana for rail and road infrastructure as well as writing off some debt, Botswana’s President Mokgweetsi Masisi said on Saturday. Speaking at.
Author: Akin Alabi - Contributor
Akin Alabi - Contributor
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Africa
President Buhari’s Faux Pas on Revised Electoral Bill
08/09/2018I have spent quality time reading the memo of President Muhammadu Buhari to the National Assembly dated August 30, 2018, justifying why he declined assent to the reworked 2018 Electoral.
Business & Economy
Central Bank of Nigeria injects $303m, CNY 46.58m into forex market
08/09/2018The Central Bank of Nigeria, on Friday, injected the sum $303.91m into the interbank retail Secondary Market Intervention Sales segment of the foreign exchange market. The CBN said in a.
Business & Economy
ITFC inks $3bn Egypt commodities funding deal
08/09/2018The International Islamic Trade Finance Corporation (ITFC) has signed $3-billion framework agreements with the Egyptian government ,represented by the Egyptian General Petroleum Corporation (EGPC) and the General Authority for Supply.
Business & Economy
Nigeria: Tizeti Secures $3 Million Funding to Expand Operations
08/09/2018Tizeti and its consumer facing brand, Nigerian ISP start-up, Wifi.com.ng has closed a Series A round of $3 million, led by 4DX Ventures with participation from existing investors Y Combinator.
Africa
Madagascan president steps down ahead of election
08/09/2018Madagascan President Hery Rajaonarimampianina stepped down on Friday, in line with the constitution, to contest elections in which he will face rivals including opposition leader and ex-president Andry Rajoelina. Rajaonarimampianina.
Business & Economy
Chinese I.T giant to establish West Africa headquarters in Ghana
08/09/2018China’s leading cloud computing company, which also happens to be the no. 2 company in China’s Information Technology industry, Inspur Group Co. Ltd, has chosen Ghana as its preferred destination.
Africa
Egyptian President Meets with Commander of US Central Command
08/09/2018Egyptian President Abdel Fattah Al-Sisi met here today with Commander of United States Central Command Gen. Joseph Votel, who is currently on a visit to Cairo. During the meeting, they.
Business & Economy
Oil price below $65 unfavourable for Nigeria – Kachikwu
08/09/2018Nigeria’s minister of State for Petroleum Resources, Ibe Kachikwu, has said that Brent crude oil price below a $65 mark will be rough for Africa’s largest economy thus, expects the.
Africa
Angola’s former president steps down as party chief after 4-decade rule
08/09/2018Jose Eduardo dos Santos handed the PMLA leading position to President Joao Lourenco in an official ceremony at the party headquarters in the Angolan capital of Luanda on Saturday. The.