Kenya govt approves $40m Likoni cable car project
18/08/2018The Kenyan Cabinet has approved the construction of a Ksh4.1 billion ($40 million) cable car project to ease movement of passengers between Mombasa Island and the mainland. A Kenyan and.
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Business & Economy
‘CBN/ABP to disburse loan to 1,500 farmers in Kogi’
18/08/2018Doyin and Susan Foundation, an NGO, has facilitated loan of between N300,000 and N900,000 for 1,500 farmers in Kogi West Senatorial District under Anchor Borrowers Programme (ABP). Chairperson, Board of.
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Business & Economy
Canadian Overseas To Raise GBP3 Million To Develop Nigerian Project
17/08/2018Canadian Overseas Petroleum Ltd on Friday said it intends to raise GBP3 million through a share placing to finance its Nigerian development project. The oil & gas company said it.
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Business & Economy
Featured
Leftists table bill to nationalize South Africa’s central bank, rattle rand
17/08/2018Opposition firebrand Julius Malema tabled a bill to nationalize South Africa’s central bank, rattling markets wary of any threat to the institution’s independence. The rand fell more than 1 percent.
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Business & Economy
Tanzania: Why Farmers Must Get Health Insurance Cover
17/08/2018WHILE investing in health insurance is an important step in building a strong economy, smallholder farmers in Kagera Region have never had health insurance. Weak and sick people cannot positively.
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Business & Economy
Nigerian power firm to build 5 mw power plant for South African agric company
17/08/2018Abuja – In a rare feat, a Nigerian power production company, Top Two Group, is to build a 5-megawatts capacity power plant for a South African company, Country Bird Holdings,.
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Africa
Business & Economy
Co-operative Bank of Kenya eyes Sh200m stake in new mortgage firm company
17/08/2018Co-operative Bank of Kenya #ticker:COOP has set aside Sh200 million for a capital injection in the Kenya Mortgage Refinance Company (KMRC), a government-led unit that is meant to ease access.
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Africa
Business & Economy
Nigeria, Mozambique top oil & gas capex outlook in sub-Saharan Africa to 2025
17/08/2018In sub-Saharan Africa, Nigeria leads with 10 planned oil and gas projects expected to start operations between 2018 and 2025, followed by Mozambique with two projects. In terms of announced.
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Business & Economy
Hapag-Lloyd Channels Investments Towards East African market
17/08/2018Hapag-Lloyd, multinational German-based transportation company, has continued to focus on the growing market in East Africa. With annual growth rates of approximately six percent, the region tops the list on.
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Business & Economy
Economic Commission for Africa Commends Botswana for Fast Growing Economy
17/08/2018Vera Songwe, Executive Secretary of the Economic Commission for Africa, has commended Botswana for being one the fastest growing economies in the SADC region at about four to five percent.
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