Mauritius plans to launch a trading platform to hedge African currencies against the U.S. dollar, part of a bid to expand its role as a financial hub for the continent,.
Taleveras Group, a leading Nigerian oil trading and integrated energy solutions provider, recently signed a Sponsorship deal as a premium sponsor of the 3rd US-Africa Business Summit 2015. The event.
THE Ivory Coast government is planning $25 billion of investments in 94 infrastructure projects from 2016 to 2020, news website Abidjan.net reported on Friday, citing Minister Delegate to Finance,.
Investments in infrastructure should help raise Uganda’s economic growth to about 6.5 percent in the coming years from 5 percent in the last fiscal year, the International Monetary Fund said.
Ethiopia is head and shoulders above the rest of Africa in meeting the Millennium Development Goals (MDG). The Gates Foundation has released a report compiled by the Overseas Development Institute, titled: “One.
If billionaire George Soros is getting involved in Africa, it is because he knows that he can profit from it, according to investment newsletter ProfitConfidential. With a net worth of.
Ghana’s cocoa regulator signed a $1.8 billion loan with international banks on Thursday to finance purchases for the 2015/16 season, its spokesman said. Ghana is the world’s second-biggest producer of.
Zambia’s government is taking measures to ease power shortages and the southern African nation will be a net exporter of electricity within 12 to 13 months, President Edgar Lungu said.
ALEXANDER CHIKWANDA, ZAMBIA’S FINANCE MINISTER. PHOTO©LUSAKA TIMES Zambia’s economy is likely to grow by less than 5 percent in 2015 due to a power crunch that has hit output from.
The World Bank on Tuesday approved a $600 million facility to support Ethiopia’s effort to improve equitable access to basic services for its vulnerable citizens. In a statement, the bank.
