Libyan Foreign Bank rejects CBL’s decision
16/08/2018The Libyan Foreign Bank (LFB) has issued a statement denouncing the decision taken by the Governor of the Central Bank of Libya (CBL) Al-Sediq Al-Kabeer to dismiss the General Director.
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Africa
South African President Cyril Ramaphosa to appoint inquiry into $130 bln state pension fund
16/08/2018South African President Cyril Ramaphosa has agreed to set up a commission of inquiry into alleged governance failures at the state-owned pension fund, the Finance Ministry said on Thursday. “The.
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Africa
Kenya to Revive its National Shipping Line
16/08/2018Nairobi, Aug 16 (Prensa Latina) The Kenyan Ministry of Transport and Infrastructure and the Mediterranean Shipping Company (MSC) signed a memorandum of understanding today for the reactivation of the National.
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Africa
Mali’s president wins runoff election with more than 67 percent of the vote
16/08/2018Mali’s President Ibrahim Boubacar Keita won a second five-year term in the turbulent West African nation with more than 67 percent of the vote in a runoff election, the Ministry.
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Africa
Business & Economy
Egypt’s central bank expected to hold rates as it eyes inflation
14/08/2018Egypt’s central bank is expected to keep interest rates unchanged at its next policy meeting and hold back on more rate cuts this year until inflation steadies, a Reuters.
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ECOWAS popularizes use of liquefied petroleum gas in the region
14/08/2018The Commission of the Economic Community of West African States (ECOWAS) has moved to validate its regional strategy for the popularization of Liquefied Petroleum Gas (LPG) in West Africa with.
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$16bn Egina: We’ve laid foundation for economic growth – Yemi Osinbajo
14/08/2018The Acting President of Nigeria, Prof. Yemi Osinbajo, has expressed satisfaction over the $16 billion Egina Floating Production Storage Offloading (FPSO) project, adding that the economy was ready for more.
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Tunisia’s president announces draft inheritance equality bill
14/08/2018Tunisia’s President Beji Caid Essebsi on Monday announced plans to submit a draft bill to parliament equalising inheritance rights between men and women. “I propose to make equal inheritance a.
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Nigeria: Refineries’ Builders to Revalidate Studies for Plants’ Revamp
13/08/2018Abuja — Three Original Refineries Builders (ORBs) who built the existing 445,000 barrels a day (bd) combined capacity refineries of the Nigerian National Petroleum Corporation (NNPC) in Kaduna, Port Harcourt.
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Nairobi-Addis Ababa road corridor boosts trade in the Horn of Africa
13/08/2018The 895-km highway corridor linking Kenya and Ethiopia has not only eased cross-border traffic between the two countries, but is a major push for economic integration within Africa, resulting in.
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