Most Recent World News

Kenya Now Among African Countries With Highest Fuel Prices

Kenya has been ranked seventh among African countries with the highest fuel prices, according to Global Petrol Prices. There is a significant difference in the prices of fuel across Africa,.

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IFAD to invest $53m in Rwanda’s agricultural sector

The International Fund for Agriculture Development (IFAD) will grow its investment in support to Rwanda’s agriculture to about $53 million in 2019-2021 from about $45 million in the 2016 –.

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Nigeria signs $10bn agreements in China — Presidency

The Presidency said on Saturday that Nigerian delegation, led by President Muhammadu Buhari, to the just-concluded Forum on China-Africa Cooperation summit in Beijing, China, signed 13 deals worth $10bn. It.

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Bank of Industry secures $500m facility for modular refineries

The Bank of Industry has signed a memorandum of understanding with the Export-Import Bank of China for the provision of a $500m facility towards the establishment of modular refineries in.

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China-Africa cooperation sets a fine example of South-South cooperation

The defining feature of China-Africa cooperation is sincerity and equality. China and Africa are closely bound by their similar historical experience, common aspirations for the future, and shared commitment to.

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Nigeria’s foreign reserves decline by $2.3bn in 11 weeks

There are concerns over the steady decline of Nigeria’s foreign reserves since the last three months despite the rise in oil prices and accruals from foreign bonds issuance. Findings showed.

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China to import more soybean from Ethiopia to make up for a pause in US shipments

China will start allowing soybean imports from Ethiopia, customs authorities said on Friday, as the world’s top importer seeks to reduce its reliance on supplies of the oilseed from the.

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Nigerian Federal Government Secures $500m EXIM Bank Loan for Modular Refineries

The Federal Government has secured a $500 million loan facility from the Export Import Bank of China (CEXIM), through the Bank of Industry (BoI), to establish modular refineries and implement.

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Botswana says China agreed to extend loan, cancel debt

China has agreed to extend a loan to Botswana for rail and road infrastructure as well as writing off some debt, Botswana’s President Mokgweetsi Masisi said on Saturday. Speaking at.

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Central Bank of Nigeria injects $303m, CNY 46.58m into forex market

The Central Bank of Nigeria, on Friday, injected the sum $303.91m into the interbank retail Secondary Market Intervention Sales segment of the foreign exchange market. The CBN said in a.

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