Most Recent World News

Nigeria, Mozambique top oil & gas capex outlook in sub-Saharan Africa to 2025

In sub-Saharan Africa, Nigeria leads with 10 planned oil and gas projects expected to start operations between 2018 and 2025, followed by Mozambique with two projects. In terms of announced.

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Malawi Gets £11m From Scotland Govt for Local Projects Until 2023

Malawi government has been boosted with a £11 million (aboput K7.3 billion) from Scottish government allocated to supporting local projects in the southern African nation until 2023. According to a.

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Ethiopia Airlines Offers Shares to African Countries

Ethiopia Airlines has offered its shares to African investors after several years of profitable operation. The airline, which was established in 1945 and owned 100 per cent by the Ethiopian.

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U.S. votes $12.5m for food security in Nigeria

The Feed the Future, a U.S. government global hunger and food security initiative, has earmarked 12.5 million dollars for food security in Nigeria. Dr George Mavrotas, Head of IFPRI Nigeria.

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Libyan Foreign Bank rejects CBL’s decision

The 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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South African President Cyril Ramaphosa to appoint inquiry into $130 bln state pension fund

South 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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Kenya to Revive its National Shipping Line

Nairobi, 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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Mali’s president wins runoff election with more than 67 percent of the vote

Mali’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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Egypt’s central bank expected to hold rates as it eyes inflation

  Egypt’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

The 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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