Ghana may issue $50 bln century bond – President
03/09/2018Ghana may issue a 100-year $50 billion bond as part of the West African nation’s long-term industrialisation plan aimed at weaning the country off aid, its president said at a.
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Most Recent World News
Business & Economy
Egypt, China sign 3 contracts at $1 bn investment
03/09/2018On the sidelines of President Abdel Fattah al-Sisi’s visit to China, three contracts were signed on Sunday evening with large Chinese companies for investments around US $1 billion, to be.
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Business & Economy
Kenyan Multi-Millionaire Industrialist Chris Kirubi Sells BIC Franchise
03/09/2018Haco Industries, the fast moving consumer goods manufacturer owned by Kenyan businessman Chris Kirubi, has relinquished its manufacturing and distribution rights of BIC stationery and personal care products to French.
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Africa
Business & Economy
Nigerian Oil Tycoon Tonye Cole Joins Politics
03/09/2018Tonye Cole, a Nigerian multi-millionaire and co-founder of Sahara Group, has resigned from the board of directors of the company to attempt to build a political career. The board of.
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Business & Economy
China’s Xi offers $60bn in financial support to Africa
03/09/2018China’s President Xi Jinping has offered $60bn in financial support to African countries and written off debt for poorer African nations. Speaking at the opening of a major summit with.
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Business & Economy
Entrepreneurship
Why More Startups Are Choosing To Operate Lean…Even If They Don’t Have To
03/09/2018Many young entrepreneurs have long held the belief that the solution to growing a business is to hire as many employees as they can, as quickly as possible. Recent data.
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Business & Economy
Decline in Economic Growth for Two Quarters Raises Concerns
02/09/2018The news that Nigeria’s economy expanded for the fifth consecutive time after exiting a recession, with the GDP growing at 1.50 per cent in the second quarter, should ordinarily have.
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Business & Economy
As Foreign Portfolio Investment Outflow Increases…
02/09/2018Olaseni Durojaiye reviews concerns and optimism raised about the nation’s declining external reserves, which has been traced to the increasing outflow by foreign portfolio investors The increasing outflow of foreign.
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Business & Economy
Egypt’s Sisi says ‘Cairo can benefit from China’s economic successes and expertise’
02/09/2018Egyptian President Abdel-Fattah El-Sisi said during a visit to the Chinese Communist Party Academy in Beijing that Cairo highly commends China for its successes in construction and development, and called.
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Business & Economy
Nigeria, China to sign $328m agreement on ICT – Presidency
02/09/2018Presidential spokesman, Garba Shehu, has said that Nigeria and China have completed arrangements to sign 328 million dollars agreement on the National Information and Communication Technology Infrastructure Backbone Phase 11.
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