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Ethiopia Secures $1.26bn To Strengthen Regional Energy Push

Ethiopia has secured a syndicated $1.26bn fund for an Ethiopia-Kenya high-voltage transmission line, due for completion in 2015, with the economic spillovers expected to benefit neighboring countries. The project is.

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6 Candidates Listed To Replace Central Bank of Nigeria Governor

The soon-to-be vacant governor’s position at Nigeria’s Central Bank (CBN) is set to create a tussle for the suitable candidate to replace Mallam Sanusi Lamido Sanusi – current head of.

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Ethiopian Billionaire Al Amoudi Bankrolls $3.4m Space Observatory

Funded buy billionaire, Mohammed Hussien Al Amoudi, the Ethiopian Space Science Society (ESSS) has established a $3.4 million space observatory in Addis Ababa, to enhance the country’s knowledge of the.

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The Most Powerful Women In Africa

Women are the backbone of most African economies and policy makers are starting to consider the unique role they play in society. Country development strategies are increasingly including gender themes.

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African Development Bank (AfDB) Grants Namibian Port $338m Loan

 In keeping with its 10-year strategic focus on infrastructure development, the African Development Bank (AfDB), this week said it had approved a R2.9 billion ($338m) “sovereign guaranteed” loan to Namibia.

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South Africa’s second-largest bank, FirstRand is keen on establishing a retail banking business in Nigeria

South Africa’s second-largest bank, FirstRand is keen on establishing a retail banking business in Nigeria and has earmarked Keystone and Mainstreet Banks for potential buy-outs, according to report. Following an.

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Ethiopia Generates $700m From Grains, Oilseeds And Spices Export

Ethiopia Minister of Trade, Kebede Channie, on Thursday said the East African nation has generated $700 million from the export of grains, oil seeds and spices during the last fiscal.

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Meet Africa’s Newest Billionaire, Abdulsamad Rabiu

On a chilly autumn night in London, a chauffeured Bentley glides into the courtyard of an affluent home. Seconds later, atop the entrance steps, the doors swing open and out.

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