Most Recent World News

China Begins $5.8 Billion Hydropower Plant Project In Nigeria

All is now set to commence the building of a new hydropower station by the China Civil Engineering Corporation in the eastern Mambilla region of Nigeria. The project worth $5.8.

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Zambia: Glencore MCM Contests Increase in Electricity Tariffs

Zambian President Edgar Lungu has told Glencore’s Mopani Copper Mines (MCM) unit to accept the increase in the price of electricity caused by the removal of state energy subsidies, his.

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“Africa Holds Greatest Agricultural Potential” – Holsether

Africa holds 65% world’s arable land, 10% fresh water – UNEP (United Nations Environment Programme) Also, Svein Tore Holsether, President, and Chief Executive Officer of Yara International and agro-allied company.

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Madagascar: Vanilla Beans Breeds Lucrative Environment

Madagascar records an increase in the vanilla beans as well as the demand for the product. Madagascar produces 80% of the world’s vanilla, but demand has outstripped supply. Speculation has.

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Nigerian Startup Invests $135 Million in Commodities Exchange  

  A Nigerian startup has taken advantage of the government’s effort to boost farming output to reduce reliance on oil by developing the first agricultural commodities exchange in Nigeria. The.

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South African Investment Company Sell Off Media Stakes to Regain Credibility

Oakbay, a South African investment company owned by Gupta brothers, business friends of President Jacob Zuma on Monday announced its intention to sell off its media stakes in order to.

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Ghana: Global Business Icons Slated at Ghana International Investment Forum

Ghana’s three-day international investment forum is confirmed to have top global business icons in participation. The Investment forum commences on Sunday according to a statement by the Ghana Investments Promotions.

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Egypt Consumer Price Inflation Moves from 29.8% to 33.0%

  Egypt has experienced an increase in its annual urban consumer price inflation in July. The annual urban consumer price inflation catapulted from 29.8 percent in June to 33.0 percent in.

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AFDB to Promote Agribusiness for the African Youth

The African Development Bank has recently pledged its support to young agriculturist across the region. Principal Agricultural Economist Mr. Edson Mpyisi disclosed the AFDB’s plans to set up a fund.

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Mauritius: “Tighten Monetary Policy” – IMF

The International Monetary Fund on Monday told Mauritius that the country needs to tighten monetary policy and modernize its framework to respond to shocks and tackle inflationary pressures. In a statement.

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