Most Recent World News

Ivory Coast bank woes threaten to slow early cocoa purchases

Poor liquidity within Ivory Coast’s banking system caused by the collapse of the top cocoa producer’s largest domestic exporter risks hindering exports at the start of the upcoming main crop,.

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Nairobi Securities Exchange suspends trading of Kenya’s ARM Cement

The Nairobi Securities Exchange said on Monday it had suspended trading of Kenya’s ARM Cement two days after it was put under administration. “The suspension in trading of the company’s.

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Paints imported into Gambia contain high lead content, study

More than 80 percent of the paint brands included in a study analyzing lead in solvent-based paints for home use in The Gambia sold one or more paint which contained.

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Egyptian bank deposits rise 6.2% in five months – CBE

Egyptian bank deposits rose 6.2 percent in the first five months of the year to 3.536 trillion Egyptian pounds ($186.2 billion), central bank data showed on Sunday. Deposits stood at.

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Ghana backpedalling out of banking crisis

Ghana is backpedalling out of a banking crisis as the government takes on debt to save a troubled sector and vows to punish the executives responsible. Early in August, Ghana’s.

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Yuan gains increasing popularity in Africa

China’s yuan has attracted more and more attention in African countries thanks to its advantages in facilitating China-Africa trade and investment, optimizing the structure of foreign exchange reserves and stabilizing.

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Egypt Aims For Natural Gas Dominance In The Mediterranean

The natural market gas in the Eastern Mediterranean is in full ebullition – with Egypt determined to be the center of this regional marketplace. The country faces challenges, including maintaining.

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Indian investors to invest 10 million dollars in Uganda

Two Indian investors, Riyaz Ganji and his brother an Aga Khan Ismaili entrepreneur, Javid Merchant are set to invest over $10m in pharmaceutical and textile industries. The two who recently.

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Ugandan maize lowers flour prices in Kenya to 6-year low

Maize flour prices in Kenya have dipped to a six-year low on increased supply of cheap grains from Uganda and harvests in western region, easing inflationary pressure. Two-kilogramme packets of.

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Tanzania, Burundi miss deadline on double taxation

Tanzania and Burundi missed the July 18 deadline set by the region’s heads of state to ratify the East African Community Multilateral Double Taxation Agreement. Regional businesses said the delay.

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