Most Recent World News

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.

  • 0

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.

  • 0

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.

  • 0

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.

  • 0

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.

  • 0

Dangote Group Plans To List On London Stock Exchange

The president of Dangote Group, Alhaji Aliko Dangote, has said his company would be ready to list on the London Stock Exchange by next year. Dangote was quoted as saying.

  • 0

Economic Struggle Puts Zambian President Under Pressure

Without a clear fiscal strategy, this southern African nation is on the road to debt distress Edgar Lungu, Zambia’s new president, will barely have time to settle into State House.

  • 0

Nigerian stocks are exploding upwards after a peaceful election

Nigerian stocks are surging today after a peaceful presidential election won by challenger Muhammadu Buhari. He’ll be replacing Goodluck Jonathan, who had been president since 2010. Jonathan’s party has been running Nigeria.

  • 0

ECA Country Profiles – Key Data and Forecasting Tools for Africa – Launched in Addis Ababa

ADDIS ABABA, 30 March 2015,-/African Media Agency (AMA)/- The ECA Country Profiles – set to become key data and forecasting tools for Africa – were launched at the 8th Joint.

  • 0

African Central Bank Governors to Hold Second Caucus in Addis Ababa

ADDIS ABABA, Ethiopia, 20 March 2015, -/African Media Agency (AMA)/- The Economic Commission for Africa and the African Union Commission will host the second Caucus of African Central Bank Governors,.

  • 0