Most Recent World News

Taiwan emphasizes Africa project

Following President Tsai Ing-wen’s visit to eSwatini, formerly known as Swaziland, earlier this year, the Ministry of Foreign Affairs (MOFA) held an event to promote Taiwan’s diplomatic and economic ties.

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Ethiopian Airlines Concludes Purchase of 49% Stake in New Chadian Airlines

Ethiopian Airlines has announced that it has completed the deal to purchase a 49 per cent stake in new Chadian Airlines. In the joint venture, the government of Chad will.

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Taiwanese businesses feel the squeeze in Africa as Beijing extends its reach

Taiwan’s businesses in Africa, already squeezed diplomatically and facing tough competition from their mainland counterparts, can expect to come under even more pressure as Beijing extends its reach across the.

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ABCON kicks as banks suspend BDCs’ accounts

The Association of Bureau De Change Operators of Nigeria has kicked against ongoing banks’ suspension of bureau de change accounts, demanding for tax remittances on turnover volumes. In a statement.

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South Africa: Today’s Destiny Traders eyes Mozambique energy market

The Managing Director of Today’s Destiny Traders, Mr Peter Madlala says the research that he has conducted as part of preparation for his trip to Mozambique to participate in the.

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Ghana opposition seeks IMF view on $2 bln Chinese Bauxite deal

Ghana’s opposition in parliament wants the International Monetary Fund (IMF) to decide whether a $2 billion Chinese deal agreed by the government in exchange for bauxite will add to the.

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Angola signs $500 million agreement with Germany’s Commerzbank

Angola has signed a framework agreement amounting to $500 million with and the German Commerzbank. On the side of Angola, the document was signed by Finance minister Archer Mangueira, while.

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Kenya: NIC Bank Half-Year Net Profit Down 2.1% as Interest Paid on Deposits Rises

NIC Bank’s net profit for the first six months of 2018 fell 2.1 per cent to Sh1.98 billion from Sh2.03 billion posted at a similar time last year as interest.

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KEFI Signs Agreement Worth Up To USD35 Million For Ethiopian Project (ALLISS)

KEFI Minerals PLC said Friday it has signed an agreement with Ethiopian investors worth as much as USD35 million in order to develop its Tulu Kapi gold project in Ethiopia..

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Nigerian crude exports set for four-month high

The nation’s oil exports are expected to rise to their highest in four months in October, on the back of supply of several larger grades coming back online following a.

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