IBM to Open New Hubs in Egypt
26/06/2019IBM multinational information technology company announced that it will expand its activity in the Middle East and Africa by opening two new centers in Egypt. The company announced in a.
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Business
Huawei Launches New Device in Kenyan Market
26/06/2019China’s mobile phone giants, Huawei, has launched a new smart phone in the Kenyan market amid rising demand for affordable but high quality mobile devices among the east African country’s.
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Governance and Policy
Anti-Corruption in Nigeria: The Possible Impossible
26/06/2019Corruption can generally be defined as dishonest or illegal behavior, especially of people in positions of authority. It is, perhaps, one of the most commonly used terms in Nigeria and.
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Economy
Currency Ban, Corrective Measure – Mnangagwa
26/06/2019Zimbabwe President Emmerson Mnangagwa said on Tuesday that the decision to ban the use of foreign currencies and make the interim currency the sole legal tender was needed to restore.
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Economy
Tanzania Embarks On Currency Control
26/06/2019Tanzania has tightened its currency controls with new regulations on foreign exchange bureaus, in what authorities say is an ongoing fight against money laundering and currency speculation. The new rules,.
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Business & Economy
Kenyan Government Signs Milestone Crude Processing Deal With Oil Firms
26/06/2019The Kenyan government has signed agreements with oil major Total, Tullow Oil and Africa Oil Corp to develop a 60,000-80,000 barrels per day crude processing facility for oil discovered in.
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Business
AfDB Approves $24.7million Sudan’s Water Supply Sanitation Improvement Project
26/06/2019The Board of Directors of the African Development Bank on June 20, 2019, approved a proposal to commit $24.7 million to finance the South Sudan Strategic Water Supply and Sanitation.
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Economy
South Africa to Raise Maize Harvest Forecast
24/06/2019South Africa is expected to slightly raise its 2019 maize harvest forecast, as weather conditions remain favourable and yields remain unaffected by frost damage, a Reuters poll showed on Monday..
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Economy
CBN to Recapitalize Nigerian Banks
24/06/2019The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has pledged to reposition Nigerian banks through recapitalisation during his second term. Mr Emefiele made the promise in Abuja on Monday.
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