Most Recent World News

Ex-Im Bank Signs $100 Million Agreement with PTA Bank

Washington, DC – Fred P. Hochberg, chairman and president of the Export-Import Bank of the United States (Ex-Im Bank), and Admassu Tadesse, president and chief executive of the Eastern and.

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Nigeria Poised To Join Top 15 Largest Economies By 2050

Following the recent GDP rebase which saw Nigeria displace South Africa as Africa’s largest economy, global financial rating firm Moody’s has forecast exponential growth in Nigeria’s GDP, predicting a rise.

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Nigeria Emerges Africa’s Largest Economy

Nigeria will today be declared Africa’s largest economy as a result of the rebasing of its economy. Sources close to the Ministry of Finance and the National Bureau of Statistics.

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Madagascar On A Long Path to Economic Recovery

After a five year suspension Madagascar will be reintegrated into the International Organisation of La Francophonie (OIF), according to its Secretary General Abdou Diouf speaking Friday in Paris. Diouf said.

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Expectations High As Nigeria Annouces New Central Bank Governor

Nigeria’s Senate yesterday approved the appointment of Godwin Emefiele as Governor of the Central Bank of Nigeria (CBN). Emefiele, who is currently the Managing Director of Zenith Bank Plc, was.

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Cash confusion: The country where shoppers can pay with eight different currencies

Zimbabwe’s multi-currency confusion and hyper-inflation, Zimbabwe must be the only place in the world to have eight currencies as legal tender – none of them its own. For the last.

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Kenya Opens Market To Ethiopian Investors

Kenya says it has opened its doors to Ethiopian companies to trade on the Nairobi Securities Exchange (NSE), as a way of encouraging the East African country to ease its.

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Namibia listed As Africa’s Top Mining Destination

Fraser Institute, the Canadian-based research house and think tank, this week named Namibia as Africa’s second most liked mining destination after Botswana. According to the annual survey conducted by Fraser.

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Dubai Islamic Bank Eyes Expansion Into African Markets

Dubai Islamic Bank, UAE largest sharia-compliant lender, has revealed plans to expand its operations to Kenya and other African countries as well as Indonesia, as it seeks growth for its.

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Top 5 Banking Opportunities In Africa

The rise of sub-Saharan Africa’s banking sector has been incredible. Coupled with emergence as one of Africa’s fastest growing sectors, compared to its relatively unexplored (and approach with caution) status.

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