CBK Offers Bonds of 5 Years and 20 Years Tenure
12/03/2018The Central Bank of Kenya says it will sell 5-year and 20-year Treasury bonds worth a total 40 billion shillings ($396 million) this month. In a statement, the bank said.
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AGF, GuarantCo to Increase Funding Capacity
08/03/2018In a bid to increase its guarantee capacity for SME financing in Africa, African Guarantee Fund, a firm that was set up to assist financial institutions increase their financing to.
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Business & Economy
PAD Opens Bureau in Bangui
07/03/2018The Autonomous Port of Douala (PAD) has opened an office in Bangui, the capital of the landlocked Central African Republic (CAR) which uses the facility for the bulk of its.
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Business & Economy
European Bank Partners with Rwandan Banks to Finance SMEs
06/03/2018The European Investment Bank (EIB) has extended US$29.6million (€24million) loan to two local banks for financing small and medium sized firms in Rwanda. The bank signed the US$19million loan with.
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Business & Economy
Merger and Acquisition in Africa to Hit $4.5bn in 2018
06/03/2018A new report has predicted that Merger and Acquisition, M&A in Nigeria and other African nations will rise to $4.5 billion this year. The Global Transaction report obtained by Sweetcrude.
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Business & Economy
African Capital Market Growth Showcased by Increase in ECM Transactions
06/03/2018According to the global auditing firm, PricewaterhouseCoopers, African equity capital market transaction volume and value improved in 2017 over 2016. In terms of value, 2017 saw the largest initial public.
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Business & Economy
Nigeria’s Trade Account Turns Positive In 2017 After Recession
05/03/2018Nigeria’s trade account turned positive in 2017 as a rise in oil exports outweighed imports after dollar shortages frustrated transactions, the National Bureau of Statistics (NBS) said. “The balance of.
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Business & Economy
Nigeria’s Industry, Trade and Investment Ministry Launches NATPOR
28/02/2018Nigeria’s Ministry of Industry, Trade and Investment on Tuesday, 27 February 2018, launched the first edition of its Nigerian Annual Trade Policy Report (NATPOR). NATPOR, which is a yearly documentation.
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Business & Economy
Zimbabwe Aims to Meet 20% of Global Lithium Demand
28/02/2018Zimbabwe aims to supply 10 percent of the world’s lithium and could reach 20 percent, the mines Minister from Africa’s top producer of the alkali metal used in batteries for.
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Business & Economy
Kenya: Coffee Beans Ranked As the Best In The Industry
26/02/2018Kenya may have been grappling with low-coffee production over years but her beans still stand out as the best in the world market, according to the International Coffee Organisation (ICO)..
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