Most Recent World News

Sudan Will Ask World Bank for $2 Billion in Support – Finance Minister

Sudan’s prime minister will ask the World Bank for $2 billion in support during his current visit to New York, the country’s finance minister said on Monday. Finance Minister Ibrahim.

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Africa Energy Summit (AES) Awards – Call For Nominations

The Africa Energy Summit Award is aimed at recognizing and celebrating the outstanding contributions, notable strides and significant service of individuals, stakeholders and organisations in the continent’s oil and gas.

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Kenyan Government Signs Milestone Crude Processing Deal With Oil Firms

The Kenyan government has signed agreements with oil major Total, Tullow Oil and Africa Oil Corp to develop a 60,000-80,000 barrels per day crude processing facility for oil discovered in.

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Tanzania’s Central Bank Cuts Reserve Proportion To Boost Lending

Tanzania’s central bank cut the proportion of deposits banks are required to maintain as reserves 7% from 8%, effective July 1, in order to boost lending, it said on Monday..

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Life Healthcare Posts 2.2% Rise In H1 Profit

South Africa’s Life Healthcare posted a slim 2.2% rise in first-half normalised core profit, reflecting lower activity amid a tepid first quarter in its home market. The private hospital operator.

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Tanzania To Export 700,000 Tonnes Of Maize

Tanzania will export 700,000 tonnes of maize to Zimbabwe after an El Nino-induced drought wilted crops, Tanzania’s president said, adding that he hoped the sale would stimulate trade between the.

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MTN To Build Financial Services Market Place

South Africa’s MTN on Tuesday revealed plans to build a “market place” app where customers will be able to buy everything from insurance to washing machines as it seeks to.

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Airtel Considers Stock Market Floatation In London

Airtel Africa Ltd, a subsidiary of Indian telecoms group Bharti Airtel Ltd , is considering a stock market flotation in London, it said on Tuesday, part of efforts to expand.

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Buhari Signs 8.9 Trillion Naira Budget

Nigeria’s President, Muhammadu Buhari, has signed an 8.9 trillion naira ($29 billion) budget for 2019 into law on Monday. Approved by lawmakers last month, the budget is based on estimated.

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InBev Expects A Growth In Nigerian Investment

Anheuser-Busch InBev (AB InBev), the world’s largest beer maker, expects the total investment in its new brewery at Sagamu in Nigeria, to be up to $400 million, Chief Executive Carlos.

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