Most Recent World News

FOREX Africa: How Will Oil Price Collapse Affect Africa’s Big Three Economies?

As a frontier market, the countries of Africa represent both tremendous opportunities and tremendous risks. On the risk side of the ledger are all the usual complications of international trade.

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GE and Heirs Holdings Partner to expand footprint in the Oil And Gas Services Sector

General Electric (GE) and Heirs Holdings (HH) have agreed to expand their existing relationship to jointly pursue opportunities in Nigeria’s Oil and Gas industry. Having identified enormous opportunities in the.

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$500M E-Commerce Platforms Emerge in Africa, Middle East

While 140 million Americans were shopping over this Black Friday holiday here, millions more were shopping online on two huge retailers whose names you’ve probably never heard of: Jumia, headquartered.

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President Goodluck Jonathan Hosts CEOs Of The Top 100 Businesses In Nigeria

President Jonathan yesterday Nov. 1st hosted the Chairmen and CEOs of the Top 100 businesses in Nigeria at the Banquet Hall of the Presidential Villa, Abuja. The CEOs and their.

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Ex-Im Bank Finishes Fiscal Year Strong, Providing over $5 Billion to Finance U.S. Small Business Exports and Supporting over 160,000 American Jobs

Washington, D.C. – The Export-Import Bank today unveiled its total authorizations and the value of the U.S. exports it supported in Fiscal Year 2014, including its strong support for small.

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Nigeria’s Foreign reserve now $38bn — Okonjo-Iweala

The nation’s foreign reserve currently stands at $38 billion, the Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, disclosed yesterday. Speaking at the Public Affairs Forum,.

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New Development Financing Models for Africa

By Bunmi Oloruntoba If Africa’s growth and dynamism is to be sustained, the continent’s ability to finance future infrastructure development cannot be left to vagaries of foreign aid allocations but.

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Ethiopia’s Economy Records Growth In GDP

The Ministry of Finance and Economic Development has announced that Ethiopia’s Gross Domestic Product (GDP) has reached 1.5 trillion birr, and registered an estimated 10.3 percent economic growth last Ethiopian.

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Oil rich Angola Want To Make Global Impact

Angola’s recent election to the UN Security Council is part of a wider bid to polish its veteran president’s image and transform the fast emerging oil-rich country into a regional.

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South Africa’s Finance Minister’s New Plan For Economy

Finance Minister Nhlanhla Nene says major structural shifts to the economy are being implemented in order to accelerate growth. Addressing the National Assembly when he tabled the Medium Term Budget.

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