In keeping with its 10-year strategic focus on infrastructure development, the African Development Bank (AfDB), this week said it had approved a R2.9 billion ($338m) “sovereign guaranteed” loan to Namibia.
South Africa’s second-largest bank, FirstRand is keen on establishing a retail banking business in Nigeria and has earmarked Keystone and Mainstreet Banks for potential buy-outs, according to report. Following an.
Ethiopia Minister of Trade, Kebede Channie, on Thursday said the East African nation has generated $700 million from the export of grains, oil seeds and spices during the last fiscal.
On a chilly autumn night in London, a chauffeured Bentley glides into the courtyard of an affluent home. Seconds later, atop the entrance steps, the doors swing open and out.
German-based logistics company, DHL is vamping up its West African operations by investing in air transport facilities to meet the demand for express and freight services in the region. The.
Private equity investor, Actis Capital LLP has signed an agreement with American energy giant, AES, to acquire its stake in three power assets in Cameroon for $220 million. The deal.
ETISALAT Nigeria Chief Executive Officer, Steven Evans, resigned last month and returned to the U.K. after leading the telecoms company for five years, the company said. Evans was appointed CEO.
Never doubt that a group of like minded individuals can change the world, indeed it’s the only thing that ever has – Margaret Mead As globalization becomes fully entrenched and.
Africa’s economic growth outlook has come into sharp focus recently. Some analysts have argued that claims about “Africa Rising” are a myth. Others argue that Africa’s growth is underestimated. These.
