Most Recent World News

Kenya Secures $666 Million Chinese Funding

Kenya has secured 67.5-billion shillings ($666-million) in funding from China to build a data centre in a tech city currently under construction and a highway in Nairobi, the president’s office.

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Pick n Pay Reports 18% Profit

South African retail giants Pick n Pay Stores Ltd has reported an 18 percent jump in full-year earnings, as price cuts helped it attract highly cost-conscious shoppers and cope with.

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MTN Goes Public Before Listing

South African telecoms firm MTN has converted its Nigerian unit into a public company before its planned listing on the Nigerian bourse in the first half of the year. MTN.

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Kachikwu Discusses Deal With Aramco

Nigerian Oil Minister Emmanuel Kachikwu and the president of Saudi Aramco have discussed investment options in the mid and downstream sector, Nigeria’s petroleum ministry said on Wednesday in a tweet..

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MASCOM To Raise $300 Million

In what is expected to be the biggest flotations on the Gaborone bourse, billionaire businessman and founder of the Econet Wireless Group, Strive Masiyiwa, plans to list a part of.

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THE 3RD INVEST IN AFRICA SUMMIT – LONDON 2019

LOCATION: London, United Kingdom DATE: September 19th, 2019. THEME: Intra-African Trade: Beyond Rhetoric and Political Commitments RATIONALE The debate on the benefits of intra-African trade has indeed been prominent in.

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Moody Upgrades Egypt’s Bonds

Rating agency Moody’s has upgraded Egypt’s sovereign rating, saying ongoing economic reforms will help improve its fiscal position and boost economic growth. Moody’s upgraded the long-term foreign and local currency.

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Liberia, Guinea Sign MoU

West African country, Liberia has signed an outline deal with a new venture set up to mine iron ore in Guinea to be shipped via Liberia, an export route the.

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OPIC to Invest in Women-led Businesses

Ivanka Trump, President Donald Trump’s daughter, and the acting head of the Overseas Private Investment Corporation (OPIC), David Bohigian, have announced that the U.S. government agency plans to invest hundreds.

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ISDB Begins Marketing 5-Year Tenured Sukkuk

Islamic Development Bank (IsDB) has started marketing a five-year dollar sukuk, or Islamic bond, a document issued by one of the banks showed. The Jeddah-based triple A-rated institution gave initial.

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