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Mozambique’s New President Forms Govt

Two days after his inauguration, Mozambique’s new President, Filipe Nyusi, has appointed Carlos Agostinho do Rosario as his Prime Minister. Rosario has been Mozambican ambassador to India for many years,.

India’s Sage Capital targets $1b fund in GCC, Africa

India based Private equity firm, Sage Capital said it is currently working with reputed institutional investors from across the world to launch a $1 billion fund which will seek to.

Africa is a key ICT investment destination – IDC

Africa is still a key ICT investment destination if 50 African leaders securing substantive investments in the field of ICT at the recent US-Africa summit hosted President Obama is anything.

Tony Elumelu Foundation announces US$100m entrepreneurship programme for 10,000 African startups

The Tony Elumelu Foundation has announced it is accepting entries for its US$100 million entrepreneurship programme that would feature training, funding and mentoring, designed to empower the next generation of.

Egypt Sees Fastest Business Growth Over Past Three Months

Business activity in Egypt expanded at its fastest rate in three months in December, a survey showed on Tuesday, with rising output and export demand bolstering a fragile economic recovery..

Things You Didn’t Know About Africa’s Richest Female Billionaire Isabel dos Santos

Isabel dos Santos, oldest daughter of Angolan President José Eduardo dos Santos, has amassed a fortune of more than $3 billion USD, making her the richest woman in Africa. With investments.

Why ICC’s Case Against Kenyan President Kenyatta Failed

The International Criminal Court (ICC) was forced on Dec. 5 to abandon its case against Kenyan President Uhuru Kenyatta. The embattled international court has faced severe obstacles since its formation.

World Bank To Provide $1.7bn Support To Nigeria’s Power Sector

As Nigeria continues to make progress on the path leading to a fully efficient power sector, the World Bank would be supporting the Power Sector of Africa’s largest economy with.

Tunisia’s First Democratically Elected President Sworn-in

After years of authoritarian rule, Tunisia has inaugurated its first freely elected president. Beji Caid Essibsi has long held office in Tunis, but insists his administration will not be a.