Most Recent World News

IMF Offers Burkina Faso $157.6 Million Credit Facility

The International Monetary Fund (IMF) on Wednesday approved a three-year, $157.6 million credit facility for Burkina Faso, in part to help boost security after a spate of attacks by Islamist.

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Australia Longs for Sudan’s Investment Assent

Sudan has revealed that Australia has offered to deposit 7 billion dollars in the Sudan central bank and to dedicate four others in the mining industry. Sudan’s Minerals Minister, Hashim.

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Nigeria’s Inflation Drops for 13th Consecutive Month

Nigeria’s inflation stood at 14.33 percent in February, slowing for the 13th month in a row and driven by a decline in the pace of food price increases, the statistics.

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Uganda Hosts 4th AEO Conference

Uganda will host the maiden African edition of the AEO which will be the fourth edition of the Global AEO Conference, and will be held in Kampala on Wednesday 14th.

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Egypt’s Automobile Market Sales Grow 10% in January

The Automotive Marketing Information Council (AMIC) in Egypt has revealed a 10% increase in automotive sales in January 2018, compared to the same period of last year, putting the numbers.

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CBK Offers Bonds of 5 Years and 20 Years Tenure

The 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

In 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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PAD Opens Bureau in Bangui

The 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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European Bank Partners with Rwandan Banks to Finance SMEs

The 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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Merger and Acquisition in Africa to Hit $4.5bn in 2018

A 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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