MTN Raises $140.24 Million From Asset Sales
09/08/2019MTN Group Ltd has raised 2.1 billion rand ($140.24 million) from asset sales as part of a divestment plan announced in March, Africa’s largest mobile network by subscribers said on.
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Business
Standard Bank Considers New Markets
09/08/2019Africa’s largest bank by assets, Standard Bank, is considering entering new markets – possibly via acquisitions – as its strategy to focus its resources on the continent continues to pay.
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Business
US Trade Rep And AU Commissioner for Trade & Industry Sign Trade Pact
07/08/2019Deputy United States Trade Representative C.J. Mahoney and African Union Commission Commissioner for Trade and Industry Albert Muchanga signed a joint statement concerning trade between the United States and the.
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Economy
Guinean Government Delays Simandou Tender
07/08/2019Guinea has pushed back its deadline to withdraw tender documents for blocks 1 and 2 of Simandou in an effort to boost competition for the world’s largest undeveloped iron ore.
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Business
Uganda’s Stanbic Posts a 37.5% Profit
06/08/2019Uganda’s largest bank Stanbic posted a 37.5% jump in profit before tax for the first half of the year, driven by a surge in credit growth on the back of.
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Economy
Ghana Raises Cocoa Price by 5.2%
06/08/2019Ghana will raise cocoa farmgate prices by 5.2% for the 2019/20 season, the first increase in four years, following strong sales of export contracts to chocolate makers and cocoa houses,.
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Economy
Egypt Rises in Global Innovation Index
03/08/2019This year’s report by the Global Innovation Index showed that Egypt has remarkably jumped ten spots from its ranking (105) in 2017 and three spots from its 2018 ranking. Egypt.
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Trade and Investment
NNPC to Extend Trade Relations With Turkey Beyond Oil
03/08/2019The Nigerian National Petroleum Corporation (NNPC) has expressed its desire to extend Nigeria’s trade relations with Turkey beyond crude oil. The Group Managing Director of NNPC, Mallam Mele Kyari, disclosed.
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