Most Recent World News

Rolls Royce Extends Business Into Nigerian Market

British luxury automaker Rolls Royce Motor Cars will extend its business into Nigeria by partnering with local auto dealer Coscharis Motors and opening an ultra-modern showroom and workshop for its.

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Nigerian Women Entrepreneurs To Get 60% Of SME Fund – CBN

In line with women empowerment and entrepreneurship, the Central Bank of Nigeria (CBN) has earmarked 60 percent (N132 billion) of its N220 billion Micro, Small and Medium Enterprises Development Fund.

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Ghana limits dollar transactions to protect cedi

The cedi has lost almost a quarter of its value over the past year Ghana has defended its decision to limit foreign exchange withdrawals in a bid to halt the.

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Bill Gates steped down as Chairman of Microsoft while Satya Nadella Named New CEO

Microsoft has announced the appointment of Satya Nadella as its new CEO, in a series of internal top level movement that also sees founder Bill Gates step down as Chairman..

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A Continent Of Contrasts – Wealth In Africa

Despite the international media’s tendency to speak in sweeping statements about the landmass called Africa, it is as economically diverse as it is geographically and culturally varied. The historical discourse.

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Dangote To Complete 5 Cement Plants Across Africa

AFRICA- Africa’s leading cement producer, Dangote cement has revealed that it will complete five cement plants spread across five African countries this year. The plants, which are at various stages.

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Angola’s Personal Wealth Growth Surges 527%

The growth in personal wealth in Angola, one of Africa’s top five fastest-growing economies, has surged 527 percent in the past 13 years, making the county the top performer in.

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Egyptian Business Tycoo And Politician Naguib Sawiris To Invest $1bn In Egypt Next Year

Egyptian business tycoon and head of Orascom Development Holding, Naguib Sawiris has disclosed plans to invest $1 billion in key economic sectors in Q1 of 2014. Sawiris who was speaking.

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Ecobank, Proparco Sign $50m Deal To Improve Banking Network

Ecobank Transnational Incorporated (ETI), the holding company of Ecobank Group, has signed a $50 million loan agreement with French development institution Proparco for 10 years, to support the growth of.

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Dismantling Inter-Border Trade Barriers Could Earn Africa $20bn – World Bank

If African leaders can draft an accord aimed at taking down current cross-border trade hurdles in sub-Saharan Africa, the continent will earn an additional $20 billion in annual earnings, according.

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