Most Recent World News

UK Firm In $16M Deal To Build 350 Houses In Uganda

KAMPALA, Uganda – The National Housing and Construction Company (NHCC) has signed a shareholder agreement with Henley Homes Plc to develop 350 housing units along the shores of Lake Victoria.

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Nigerian Minister, Akinwumi Adesina, elected President of African Development Bank (AfDB)

  Nigeria’s outgoing Minister of Agriculture and Rural Development, Akinwumi Adesina, on Thursday emerged the 8th President of the African Development Bank (AfDB) Mr. Adesina, 55, will succeed incumbent president,.

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Nigeria fuel shortage cripples businesses, banks and flights

There have been long queues at petrol stations because of the fuel shortage Nigeria is being crippled by the fuel shortage that the country has been experiencing for more than.

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Apple Inc. Buys Nigerian Born Chinedu Echeruo’s Hopstop.com For $1 Billion

Apple has acquired Chinedu Echeruo’s HopStop.com, The Wall Street Journal’s publication, AllThingsDigital reports. Founded in 2005, HopStop.com makes mobile applications for both iOS and Android that covers over 300 cities.

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Africa highlighted as high potential market for technology companies

DHL, the world’s leading logistics service provider, held its 5th annual Global Technology conference in Dubai last month, featuring a number of key sessions on doing business in Africa. Under.

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Investment Firms Funding Retail Developments In East Africa

East Africa’s shopping landscape is slowly changing with the construction of multi-million dollar centres in prominent cities. Many projects are being developed by investment firms and private equity funds eager.

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Mozambique may become world’s third largest gas producer

Mozambique has the potential to be the world’s third largest producer of natural gas, after Qatar and Australia, but needs to secure between US$20 billion and US$25 billion dollars in.

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Opinion: Banking Africa’s Unbanked – Time For A Reality Check

By Vahid Monadjem, CEO of Nomanini  Plenty of progress has been made on increasing the size of Africa’s banked population. The trouble is, from the amount of noise that is.

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Nigerian Government records N1.3tn revenue shortfall in three months

The persistent drop in oil prices and low receipts from non-oil sources may have led to a N1.31tn shortfall in revenue accruable to the federation in the first three months.

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New York Pension Fund to Invest At Least $5 Billion in Africa

The New York State Common Retirement Fund, one of the largest U.S. Pension funds and worth about $180 billion, plans to invest as much as 3% of its assets in.

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