Most Recent World News

EEU, Egypt to commence talks on free trade deal

Eurasian Economic Commission chairman Tigran Sargsyan and Egypt’s Ambassador to Russia Ihab Nasr have held talks on the schedule of launching negotiations on creating a free trade and development zone.

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Zimbabwe post-Mugabe’s economy to grow by six

Zimbabwe’s economy will grow by 6.3 per cent this year, driven mainly by agriculture and mining, the finance minister said Monday as the Government seeks to boost growth after the.

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China boosts oil import to Western Africa to 7 years maximum

China is set to boost its crude imports from West Africa to the highest in at least seven years this month as the trade war with the U.S. prompts the.

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IMF Confirms 7.2% Economic Growth Rate for Rwanda

The International Monetary Fund (IMF) has retained Rwanda’s economic growth projection for 2018 at 7.2 per cent, owing to strong industrial activity and favourable rains that are expected to boost.

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Afreximbank supports Unionaire-MIDCO deal to drive intra African trade

Unionaire Group, a company in the business of household appliance manufacturing in the Middle East and Africa, has entered into a partnership with MIDCO, a subsidiary of the Tunisia-based Loukil.

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Federal Government Reduces Cost Of Business Registration In Nigeria

Latest report as Nigeria Vice President Yemi Osinbajo has announced the Federal Government’s approval of a 90-day special window to register businesses at a reduced rate of N5,000 only. This.

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AfDB injects $266 million into Rwanda’s electricity expansion project

The African Development Bank has approved a loan of $266 million to support Rwanda’s program to improve electricity supply reliability and expand access to electricity as part of a drive.

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Nestlé renews commitment to Kenyan coffee farmers through training

Food and beverage company Nestlé has renewed its commitment to restore Kenyan coffee glory through continued technical support and training for existing and potential farmers. The support to farmers is.

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[Nigeria] NNPC records N18.12bn monthly trading surplus

The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of N18.12bn for the month of May, 2018, a performance which is relatively higher than the trading surplus of.

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South Africa’s mining industry registers mixed fortunes, PWC report

The 2018 financial year proved to be a challenging year for South African mining companies. Globally, the financial performance of the mining industry improved considerably from the previous year. That.

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