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World Bank approves $200 million for regional electricity transmission

THE World Bank Group’s Board of Directors has approved $200 million support for a regional transmission network to enable electricity trade among the western African countries of The Gambia, Guinea,.

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Jonathan Celebrates Five Years In Office

President Goodluck Jonathan today May 6, marked five years since he took over the mantle of the nation’s leadership. He was sworn in on 6 May 2010 by the Chief.

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Africa’s richest man Aliko Dangot, Expresses Interest in Buying Arsenal Football Team

Africa’s richest man Aliko Dangote has once again expressed his desire to buy English Premier League football team Arsenal. According to Bloomberg Business, reports that he had made plans to.

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New York Pension Fund to Invest At Least $5 Billion in Africa

The New York State Common Retirement Fund, one of the largest U.S. Pension funds and worth about $180 billion, plans to invest as much as 3% of its assets in.

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East Africa’s Tallest Building? China Plans To Build It

The Commercial Bank of Ethiopia has signed an agreement with the China State Construction Engineering Corporation to build a 198-meter (649.6 feet) building for the bank’s headquarters in Ethiopia, expected.

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Dangote Group Plans To List On London Stock Exchange

The president of Dangote Group, Alhaji Aliko Dangote, has said his company would be ready to list on the London Stock Exchange by next year. Dangote was quoted as saying.

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Ethiopians In the Diaspora Lead Investments Back Home

Escaping an authoritarian military regime in the 80’s thousands of Ethiopian found themselves in the US, but several decades later they are slowly returning to invest in the a country.

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Is Food Security Prompting A New Scramble For Africa?

Rising food security concerns are driving developed countries to negotiate alarmingly large land purchases across the global south. While Western Europe led the colonization of Africa in the 19th century,.

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