WORLD BANK APPROVES $3 BILLION LOAN FOR EGYPT
18/12/2015The Minister of International Cooperation, Sahar Nasr in a statement, has recently announced that the World Bank has approved a $3 billion loan for Egypt, to be disbursed over the.
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MTN SOUTH AFRICA TO CHALLENGE NIGERIA FINE IN COURT
18/12/2015South Africa-owned leading telecommunication company MTN, has recently decide to take the legal route as part of efforts to see that the fine imposed on its Nigeria subsidiary is reviewed..
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ZIMBABWE: FEMALE LEGISLATORS CALL FOR GOVT FUNDING OF WOMEN’S BANK
18/12/2015Female legislators in the Zimbabwe National Assembly have recently urged the government to expedite the operation of the Women’s Bank to provide the much needed funding for their businesses. Debating.
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KENYA’S SHILLING EASES AS STOCKS CLOSE HIGHER
17/12/2015The Kenyan shilling has recently eased due to increased dollar demand from companies across all sectors to meet their obligations before they close for the holidays, while stocks have risen..
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CHINESE TO INVEST U.S.$500 MILLION FOR THE EXPANSION OF NIGERIAN BUSINESSES
17/12/2015The Minister of State for Industry, Trade and Investment, Hajiya Aisha Abubakar, has recently disclosed in Abuja, that Chinese investors have committed to invest an additional $500 million into various.
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CHINESE COMPANY SIGNS 10-YEAR DEAL TO BUY OIL FROM ANGOLA
17/12/2015China’s state-run company, Sinochem Group, has recently signed a deal with Angolan state-owned oil producer Sonangol to buy crude oil for a period of 10 years. The agreement which.
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ETHIOPIA CONSTRUCTS RAILWAY TO CONNECT WITH NEIGHBORING COUNTRIES
17/12/2015Ethiopian President Mulatu Teshome has recently said the country’s railway coverage will reach 5,000 km by 2025, connectingEthiopia with Djibouti, Kenya, Sudan and South Sudan. The president said this while.
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RWANDA: REFERENDUM POLLS KICK OFF TODAY
17/12/2015More than 40,000 Rwandans in Diaspora are expected to vote today in a referendum on revised Constitution, while 6.4 million voters who reside in the country are expected to cast.
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ITALY TO INCREASE INVESTMENTS IN ETHIOPIA’S INDUSTRY, INFRASTRUCTURE DEVELOPMENT
17/12/2015Italian Ambassador to Ethiopia, Giuseppe Mistrettahas recently said, in an exclusive interview with Ethiopian News Agency, that his country is keen to increase Italian investment in Ethiopia particularly in the.
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