Zambia to start exporting electricity in 2016
18/09/2015Zambia’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.
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Zambia: State of the economy is challenging – Finance Minister
17/09/2015ALEXANDER 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.
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Business & Economy
Ethiopia: World Bank approves $600m facility to support basic services
16/09/2015The 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.
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Business & Economy
Nigeria’s President Encourages French Investment
16/09/2015President Muhammadu Buhari in Paris assured French investors of his administration’s commitment to provide a suitable business environment that would boost economic activities and create jobs for the youth. News.
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New World Trade Center To Open In Abuja, Nigeria
11/09/2015Nigeria’s capital city of Abuja is about to get a new heart: a brand new World Trade Center complex. The development is expected to open to the public early next.
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America To Support Nigeria’s SMES Sector
09/09/2015The United State Government has once more expressed its readiness to partner with the Nigerian Government in strengthening her Small and Medium Enterprise Industry for global competiveness. The US.
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Business & Economy
South African Billionaire And Shoprite Owner Eyes Britain’s Struggling Supermarket Industry
04/09/2015South African billionaire Christo Wiese, who owns Africa’s largest retailer, Shoprite, is eyeing acquisitions in Britain’s struggling supermarket industry for possible acquisitions, The Telegraph reported. Earlier this year, Wiese, 73,.
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Business & Economy
Kenya Airways get $200 million bridging loan
02/09/2015Kenya has provided a $40 million loan to loss-making Kenya Airways, the country’s finance minister said, while African Export-Import Bank (Afreximbank) has approved a $200 million bridging loan for the.
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Akinwumi Adesina Assumes Office As 8th President of the African Development Bank Group (AfDB)
02/09/2015“We must light up and power Africa – as a Bank we will launch a new deal on energy for Africa” Former Nigerian Agriculture Minister Akinwumi Adesina formally assumed office.
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Business & Economy
Donald Kaberuka Steps Down After 10 Years As President of the African Development Bank (AfDB)
01/09/2015Monday, August 31 is the last full day in office for Donald Kaberuka, who steps down after 10 years as President of the African Development Bank. Speaking to Bank staff.
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