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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Business & Economy
China signs deal worth $4.3bn (£2.8bn) with Africa’s richest man, Aliko Dangote
27/08/2015A Chinese state-owned engineering company has signed a deal worth $4.3bn (£2.8bn) to build factories for a Nigerian cement company run by Africa’s richest man, Aliko Dangote. China’s Sinoma will.
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Africa
Business & Economy
Nairobi’s robust economic growth can extend throughout sub-Saharan Africa with this plan
27/08/2015At a time when population growth is slowing across the globe, sub-Saharan Africa’s (SSA) population will more than double to two billion by 2050. The vast majority of this population.
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Business & Economy
Uganda’s economy on the edge
25/08/2015“That is a concern” was a phrase repeatedly said by the chief executive officer of Stanbic Bank at an investor briefing in reference to the current status of Uganda’s fragile.
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Business & Economy
South Africa’s Currency at All-Time Low For The First Time In 14 Years
21/08/2015South Africa’s rand weakened to breach R13 per dollar for the first time in almost 14 years. The currency of Africa’s most-industrialised economy tumbled to the lowest level since December.
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