Most Recent World News

Kenya Forecasts 6.3% Economic Growth

Kenya’s economy should grow an improved 6.3 percent in 2019, President Uhuru Kenyatta said on Thursday, citing an improved business environment and his government’s push to boost manufacturing, food production.

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Cameroon Farmers, Agropole, Spice Up Earnings With Forest-friendly Foods

Farmers in Cameroon who have benefited from a government-run support scheme called AGROPOLE,  are reaping profits from the scheme which provided training and funds for farmers to process and market.

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TOTAL Ramps Up Production In Angola

French oil major Total said it had started up production on the Kaombo Sul project located off the coast of Angola, in a deal that should lift Total’s general production.

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PNG LNG, UNIPEC Strike JV partnership

The Papua New Guinea (PNG) liquefied natural gas (LNG) joint venture partners have struck a mid-term sales and purchase agreement with Singapore’s Unipec to supply some 0.45-million tonnes of LNG.

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Zimbabwe Records 9.12% Private Sector Growth.

According to the latest Reserve Bank of Zimbabwe economic monthly update, Zimbabwe’s financial institutions have seen their credit facilities extended to the private sector register an annual growth of 9.12.

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NDB, DBSA Sign A $300-million Loan Agreement

The New Development Bank (NDB) and the Development Bank of Southern Africa (DBSA) have signed a $300-million loan agreement for the Greenhouse Gas Emissions Reduction and Energy Sector Development project..

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Egypt’s Eastern Company Listed

Egypt’s top tobacco-maker and the second-largest source of revenue for the state budget after the Suez Canal Company, the Eastern Company has listed 4.5% of its shares on the country’s.

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AfDB Approves $20 Million to Support Renewable-Based Mini-Grid Solutions for Dr Congo

The African Development Bank (AfDB) Board has approved the allocation of $20 million in loans to the Democratic Republic of Congo, to support renewable-based mini-grid solutions to the off-grid cities.

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Kenyan Government To Invest $3bn In Coffee Farming

President Uhuru Kenyatta reiterated his commitment to reviving the agricultural sector through a raft of far-reaching reforms. This time, the Government has announced a new fund for lending to support.

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TEF Announces 2019 Cohort

The Tony Elumelu Foundation, a leading African philanthropy that is committed to empowering African entrepreneurs, has announced the selection of over 3,050 African entrepreneurs, drawn from all 54 African countries,.

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