Most Recent World News

Hyundai Targets Greater South African Market Share With New Plant

South Korea’s Hyundai Motor Company, through its subsidiary, Hyundai Automotive South Africa has opened a new plant in Benoni, Guateng, as it looks to consolidate its position in a very.

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World Bank Report: Digital Payments Vital to Economic Growth

Washington, DC —Gates Foundation and Better Than Cash Alliance urge governments in Africa to embrace digital financial services, offers concrete action steps Integrating digital payments into the economies of emerging.

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Africa’s Telecoms Market To Hit $65bn By 2018

Sub-Saharan Africa’s Telecommunication market is set to maintain positive returns as service revenue is predicted to top $65 billion by 2018. According to market intelligence specialists, Analysys Mason, the African telecoms.

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Tony Elumelu Appointed Chairman Of UBA Group

The Board of United Bank for Africa Plc (UBA) yesterday announced the appointment of Tony Elumelu, as Chairman, succeeding Ambassador Joe Keshi. Mr Elumelu is Chairman and CEO of Heirs.

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JPMorgan Listing Will Lure More Investors To Nigeria’s $13bn Bond Market

World’s biggest underwriter of emerging-market debt, JPMorgan says it will list Nigeria’s 2024 bond on its Government Bond Index-Emerging Markets (GBI-EM) this month, making it the fourth listed bond after.

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TRANSCORP Gets New CEO And $1bn Profit Target

Seasoned banker, Emmanuel Nnorom has emerged the President and CEO of Transnational Corporation of Nigeria Plc (Transcorp), a leading Nigerian conglomerate and owner of Nigeria’s iconic Transcorp Hilton Hotel Abuja..

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Low Priced Made-in-Nigeria Hyundai Cars Hits The Market

Hyundai Motors Nigeria Limited has started phased delivery of low priced made-in-Nigeria cars assembled at the company’s plant in Lagos to its provisional dealers nationwide This is coming barely three.

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Trade With Africa Is In America’s Self Interest – US Vice President

US Vice President Joe Biden did not mince words while stating the importance of US trade with Africa to the US economy, as he, on Tuesday, addressed the U.S.-AFRICA BUSINESS.

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World Bank Group Commits US$5 Billion to Boost Electricity Generation in Six African Countries

 WASHINGTON, August 5, 2014 – The World Bank Group today committed $5 billion in new technical and financial support for energy projects in six African countries– Ethiopia, Ghana, Kenya, Liberia,.

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Africa Pushes For 15-years Extension Of US Trade Deal

With the US’s African Growth and Opportunity Act (AGOA) due for renewal in 2015, African leaders at the on-going US-Africa Summit are pushing for the pact to be extended by.

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