Most Recent World News

AfDB Approves $24.7million Sudan’s Water Supply Sanitation Improvement Project

The Board of Directors of the African Development Bank on June 20, 2019, approved a proposal to commit $24.7 million to finance the South Sudan Strategic Water Supply and Sanitation.

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Vodacom To Sell Business Assets To Improve Operation

Mobile phone operator Vodacom Group Limited has entered into agreements to sell some of its Business Africa operations, which offer business-managed services to enterprises. Vodacom, which is majority-owned by Vodafone.

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Lesotho Leads African Marijuana Export Market

US cannabis oil and concentrates manufacturer Halo Labs said this week it had entered into a non-binding letter of intent to acquire Bophelo Bioscience & Wellness, a move that would.

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Ethiopia To Split State-owned Telecom Firm

Ethiopia will split its state telecoms provider into two businesses before it is privatized, state-affiliated media reported on Monday, a key part of government’s plan to open up one of.

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Airtel To List On LSE

Airtel Africa Ltd, a unit of India’s Bharti Airtel Ltd, on Monday set a price range of 80 to 100 pence per share for its planned initial public offering on.

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Mergence Unlisted Investment Managers Acquires Majority Stake In Canadian Solar

Local asset manager Mergence Unlisted Investment Managers (Namibia) has bought a majority stake in the 6 MW Momentous Solar One plant, near Keetmanshoop, in Namibia. “The purchase of a majority.

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Côte d’Ivoire, Ghana Cocoa Farmers Demand Higher Price For Comodity

Key cocoa producers in Côte d’Ivoire and Ghana have successfully banded together to stop future sales in order to demand higher prices for their raw materials, in an effort to.

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AAA Plc To Acquire Logistics Companies

Anglo African Agriculture PLC has announced an agreement to acquire five logistics companies within the Comarco group of companies for a total of USD30 million in shares. Once the acquisition.

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Sasoil To Finance Lake Charles Chemical Project

SE-listed petrochemicals company Sasol announced on Friday that its subsidiary Sasol Financing USA had entered into new US dollar-denominated senior unsecured credit facilities, comprising a $1.6-billion term loan facility and.

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SAA Gets New CEO

South Africa’s national carrier, the South Africa Airways (SAA) has appointed Zukiswa Ramasia as its interim CEO following the resignation of Vuyani Jarana last week. Ramasia who was the general.

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