Most Recent World News

Dangote Refinery To Absorb 2,000 Engineers

The Group Executive Director, Strategy, Portfolio Development and Capital Projects, Dangote Industries Limited, Mr. Devakumar Edwin has disclosed that the coming on stream of the Dangote Refinery and Petrochemicals will.

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South Africa’s Rand Holds Firm Amidst Grim Global Outlook

South Africa’s rand held on to its gains in early trade on Thursday amid grim forecasts for the global economy as both the U.S. and Eurozone Central Banks kept a.

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Zimbabwe Reaches Agreement With IMF On Economic Reform Programme

Zimbabwe has reached agreement with the International Monetary Fund (IMF) on a programme of economic policies and structural reforms that could pave the way to the crisis-hit country re-engaging with.

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Nissan South Africa To Build Navara Model

The South African arm of Nissan will spend 3 billion rand ($213 million) equipping its local plant to build the Japanese carmaker’s new Navara model, the unit’s boss said on.

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Kenya’s GDP To Grow By 5.7% Despite Climatic Conditions

Kenya’s real gross domestic product is projected to grow by 5.7% in 2019, a slight decrease from the estimated 5.8% growth experienced in 2018, according to the new World Bank.

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Standard Chartered Bank Opens Innovation Hub In Kenya

Standard Chartered Bank has opened a new innovation hub in Kenya to bolster its collaboration with fintech companies in the region. The new Africa eXellerator lab will be leveraged to.

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Ebenezer Onyeagwu, Zenith Bank’s New GMD

Mr. Ebenezer Onyeagwu has been appointed as the new group managing director/chief executive (GMD/CEO) of the Zenith Bank Plc by the Board of Directors of the bank. Onyeagwu’s appointment takes.

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Oil Climbs To Five-month High On OPEC Cuts, U.S. Sanctions And Libya Fighting

Oil prices rose to their highest level since November 2018 on Monday, driven by OPEC supply cuts, U.S. sanctions against Iran and Venezuela and fighting in Libya as well as.

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ISDB Partners Nigerian Government

Nigeria’s Government has signed a $523,823 technical assistant agreement grant with the Islamic Development Bank (ISDB) Group, in Marrakesh, Morocco. The Minister of Finance, Mrs Zainab Ahmed signed on behalf.

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East Africa’s Economy Races Ahead Of Its African Peers At 5.7 Per Cent, AFDB Outlook

Economic growth in East Africa is soaring ahead of other regions on the continent at close to 7 percent while the overall outlook for the rest of Africa is cautious,.

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