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Afreximbank records $546.6m gross income

The African Export-Import Bank (Afreximbank) on Friday released its unaudited financial statements for the nine months ended Sept. 30, with a gross income of 546.6million dollars. The bank’s President, Dr.

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Zimbabwe’s Finance Minister Aims to Turn Economy Around with New Budget

Zimbabwe’s finance minister has unveiled the country’s 2019 budget. Mthuli Ncube says the plan should help restore the economy of the southern African nation after years of recession. “Madam Speaker,.

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New Chinese Bank Opens Door in Tanzania

A NEW commercial bank formed by China’s state-owned and private enterprises open doors in Dar es Salaam Monday next week to tap into growing Chinese trade and investment in Tanzania.

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Egypt’s paper products rise by 15 % in 9 months

Egypt’s paper products exports have rose 15 percent during the first 9 months of 2018 to record $3437 million versus $298.4 a year earlier. Thus the paper products exports have.

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Germany backs UNCTAD work to deliver goals of Africa trade deal

A 1.6-million-euro German donation to UNCTAD will help the UN’s trade and development bodywork with African partners to implement a landmark continental agreement on cross-border commerce. Ambassador Hans-Peter Jugel, Germany’s.

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Moroccans Spend $1.7 Billion on Foreign Travel

According to Morocco’s Foreign Exchange Office, Moroccan citizens spent a total of $1.7 billion on travel-related expenses compared to $1.55 billion recorded during the same period last year. What Moroccans.

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Turkish agriculture sector to start investment in Sudan

Turkish agricultural sector will be able to commence investments in Sudan’s fields by 2019, Turkish agriculture minister told Anadolu Agency. An office of Turkish and Sudanese joint agricultural and livestock.

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Top Kenyan Retailer Eyes NSE Listing in 2019

Tusker Mattresses, popularly referred to as Tuskys Supermarket, Kenya’s biggest retailer brand plans to list at the Nairobi Securities Exchange (NSE) in 2019 as it eyes increased market share within.

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