Most Recent News

Nigerian Federal Government Secures $500m EXIM Bank Loan for Modular Refineries

The Federal Government has secured a $500 million loan facility from the Export Import Bank of China (CEXIM), through the Bank of Industry (BoI), to establish modular refineries and implement.

THE UNTOLD STORY OF AFRICA’S EMERGING BUSINESS LEADER

Shepherd Bushiri Investment, SBI, is arguably one of the Southern Africa’s most diversified and fast-growing conglomerates. With tentacles in over 8 sectors, the group was shaped from a modest agribusiness.

Botswana says China agreed to extend loan, cancel debt

China has agreed to extend a loan to Botswana for rail and road infrastructure as well as writing off some debt, Botswana’s President Mokgweetsi Masisi said on Saturday. Speaking at.

President Buhari’s Faux Pas on Revised Electoral Bill

I have spent quality time reading the memo of President Muhammadu Buhari to the National Assembly dated August 30, 2018, justifying why he declined assent to the reworked 2018 Electoral.

Central Bank of Nigeria injects $303m, CNY 46.58m into forex market

The Central Bank of Nigeria, on Friday, injected the sum $303.91m into the interbank retail Secondary Market Intervention Sales segment of the foreign exchange market. The CBN said in a.

ITFC inks $3bn Egypt commodities funding deal

The International Islamic Trade Finance Corporation (ITFC) has signed $3-billion framework agreements with the Egyptian government ,represented by the Egyptian General Petroleum Corporation (EGPC) and the General Authority for Supply.

Nigeria: Tizeti Secures $3 Million Funding to Expand Operations

Tizeti and its consumer facing brand, Nigerian ISP start-up, Wifi.com.ng has closed a Series A round of $3 million, led by 4DX Ventures with participation from existing investors Y Combinator.

Madagascan president steps down ahead of election

Madagascan President Hery Rajaonarimampianina stepped down on Friday, in line with the constitution, to contest elections in which he will face rivals including opposition leader and ex-president Andry Rajoelina. Rajaonarimampianina.

Chinese I.T giant to establish West Africa headquarters in Ghana

China’s leading cloud computing company, which also happens to be the no. 2 company in China’s Information Technology industry, Inspur Group Co. Ltd, has chosen Ghana as its preferred destination.