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Kenya to sign $3.8b SGR deal next month

Kenya is expected to sign a Ksh380 billion ($3.8 billion) contract for the second phase of the Standard Gauge Railway (SGR) in September. Transport and Infrastructure Cabinet Secretary James Macharia.

South African Government Slams US President for Remark on Land Reform in Country

The South African president’s office will seek an explanation from the US Embassy about US president’s tweet on land reform, the state broadcaster SABS reported. President Cyril Ramaphosa’s Spokeswoman also.

The Central Bank of Nigeria asks banks to submit bids for second Chinese yuan auction

The Central Bank of Nigeria (CBN) has asked banks to submit bids for the Chinese yuan in line with the regulator’s determination to meet foreign exchange demands at the retail.

Another African country, Angola kicks off oil sector reforms as Nigeria dithers

Unlike Nigeria’s Muhammadu Buhari, Angola’s President João Lourenço has commenced oil reforms in its state-owned Sonangol with the aim of boosting production in Africa’s second biggest oil producing country. Since.

Ghana: Six Banks Jostle for Getfund’s Ghc2.3 Billion Loan

One consortium and five investment and universal banks have been shortlisted as likely arrangers of a GH¢2.3 billion loan for the Ghana Education Trust Fund (GETFund). The six banks are.

Iran, Kenya bilateral trade can increase to $500mn

Iranian ambassador to African country of Kenya Hadi Farajvand told Mehr News Agency correspondent that the black continent has become a ground for competitions among the regional and global powers.

President Muhammadu Buhari to Inaugurate Largest Brewery in West Africa

President Muhammadu Buhari will next Tuesday inaugurate a brewery owned by International Breweries Plc in Ogun State. The Plant Manager, Mr. Tony Agah, disclosed this yesterday during a media tour.

FTI Consulting expands offering in South Africa

Global business advisory firm FTI Consulting, Inc. has announced the continued expansion of the firm’s service offering in South Africa with the appointment of John Geel, Helena Martins and Mickey.

Angolan President Opens Business Forum in Germany

Berlin, Aug 22 (Prensa Latina) President Joao Lourenzo has opened the 7th Angola-Germany Economic Forum today as part of the official two-day visit to the European country. Some 220 entrepreneurs,.