Most Recent News

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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DHL Invests In Air Transport Facilities For West African Operations

German-based logistics company, DHL is vamping up its West African operations by investing in air transport facilities to meet the demand for express and freight services in the region. The.

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Actis To Invest $220m In 3 Cameroonian Power Assets

Private equity investor, Actis Capital LLP has signed an agreement with American energy giant, AES, to acquire its stake in three power assets in Cameroon for $220 million. The deal.

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Etisalat Nigeria CEO Resigns After 5 Years

ETISALAT Nigeria Chief Executive Officer, Steven Evans, resigned last month and returned to the U.K. after leading the telecoms company for five years, the company said. Evans was appointed CEO.

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Towards Attaining Peace, Security and Stability in Africa

Never doubt that a group of like minded individuals can change the world, indeed it’s the only thing that ever has – Margaret Mead As globalization becomes fully entrenched and.

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Talking Point: Africa’s Economic Game Changer

Africa’s economic growth outlook has come into sharp focus recently. Some analysts have argued that claims about “Africa Rising” are a myth. Others argue that Africa’s growth is underestimated. These.

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Editorial: The ICC Trial Of President Uhuru Kenyata

  The Sabbath was made for man, and not man for the Sabbath Mark: 2v27 It is not merely of some importance but is of fundamental importance that justice should not.

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