Ethiopia welcomes return of exiled opposition leader
09/09/2018Streets in Addis Ababa are decorated with flags (pre-1995 Green, Yellow, Red tricolor with no star in it) to welcome the leader of an opposition party, which recently laid down.
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Business & Economy
IFAD to invest $53m in Rwanda’s agricultural sector
09/09/2018The International Fund for Agriculture Development (IFAD) will grow its investment in support to Rwanda’s agriculture to about $53 million in 2019-2021 from about $45 million in the 2016 –.
Business & Economy
Nigeria signs $10bn agreements in China — Presidency
09/09/2018The Presidency said on Saturday that Nigerian delegation, led by President Muhammadu Buhari, to the just-concluded Forum on China-Africa Cooperation summit in Beijing, China, signed 13 deals worth $10bn. It.
Business & Economy
Bank of Industry secures $500m facility for modular refineries
09/09/2018The Bank of Industry has signed a memorandum of understanding with the Export-Import Bank of China for the provision of a $500m facility towards the establishment of modular refineries in.
Business & Economy
China-Africa cooperation sets a fine example of South-South cooperation
09/09/2018The defining feature of China-Africa cooperation is sincerity and equality. China and Africa are closely bound by their similar historical experience, common aspirations for the future, and shared commitment to.
Business & Economy
Nigeria’s foreign reserves decline by $2.3bn in 11 weeks
09/09/2018There are concerns over the steady decline of Nigeria’s foreign reserves since the last three months despite the rise in oil prices and accruals from foreign bonds issuance. Findings showed.
Business & Economy
China to import more soybean from Ethiopia to make up for a pause in US shipments
09/09/2018China will start allowing soybean imports from Ethiopia, customs authorities said on Friday, as the world’s top importer seeks to reduce its reliance on supplies of the oilseed from the.
Africa
Saudi Ambassador to Egypt chairs meeting on implementation of Arab resolutions
09/09/2018The Follow-up Commission to Implement Decisions and Commitments of the Arab Summit held a meeting today at the level of Permanent Representatives under the chairmanship of Saudi Ambassador to the.
Africa
We are not really in a recession, says confident Ramaphosa
09/09/2018President Cyril Ramaphosa refused to accept that the country was in an economic recession. Instead, he called for calm and blamed the economic woes on the poorly performing agricultural sector.