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Russian, Egyptian Presidents Holding Press-Conference in Sochi

Russian President Vladimir Putin and Egyptian President Abdel Fattah al-Sisi are holding joint statement in Sochi, starting at 14:00 local time (11:00 GMT). Commenting on the statement, Putin’s aide Dmitry.

President Kenyatta promises more Government support for SMEs

President Uhuru Kenyatta today said the Government will streamline its processes so that it accords Small and Medium Enterprises (SMEs) the support they deserve. The President said SMEs employ more.

AU Highlights Need to Boost Intra-African Trade

The African Union (AU) highlighted on Tuesday the need to urgently seek ways to boost trade through the active participation of member states in regional development projects. In this regard,.

Ethiopian Prime Minister Abiy Ahmed appoints new finance minister

Ethiopia’s Prime Minister Abiy Ahmed announced a new finance minister on Tuesday, in a reshuffle that has cut the size of the cabinet by approximately a third and increased diversity..

Kenya, Botswana among high ranking financial markets in ABSA index

Botswana, Kenya and Nigeria have moved up the Absa Africa Financial Markets Index, produced by the Official Monetary and Financial Institutions Forum, and South Africa remains in top position, supported.

[Ghana] Redavia, ResponsAbility sign $4million clean energy deal

Solar technology company REDAVIA and the responsAbility-managed climate fund have signed a financing agreement for REDAVIA’s Ghanaian subsidiary. The $4 m financing will allow REDAVIA to supply Ghana’s industrial and.

IFC, Al Amana boost access to finance for small businesses in Morocco

IFC, a member of the World Bank Group, is strengthening its partnership with Al Amana, Morocco’s largest microfinance institution, to increase funding for micro- and small-scale entrepreneurs, enabling their businesses.

Rwanda, AfDB sign €229m loan agreement to finance electricity projects

The Government of Rwanda has signed a €229.20 million funding agreement with the African Development Bank to support the country’s program to improve electricity supply and expand access to electricity.

[Nigeria] NNPC launches virtual gas pipeline system

A major stride in the drive for optimization of the nation’s vast gas resources has been recorded with the execution of a novel contract between the Nigerian National Petroleum Corporation.