Most Recent World News

Remco to invest $27.5mn in Egypt new capital housing project

Egyptian Remco Tourism Villages Construction looks to invest 500 million Egyptian pounds ($27.5 million) in the first phase of its project Stella Park in the country’s new capital by 2019..

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UK firm mulls investing $1.2bn in Nigeria

A UK development finance firm, CDC Group, says it is considering investing over a $1 billion in Nigeria over the next four years. The firm aims also to open offices.

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Kenya, Canada explore new partnership in maritime sector

A Canadian delegation in Kenya for the Sustainable Blue Economy Conference has said that their country will explore new partnerships with Kenya. The delegation led by Jonathan Wilkinson, Minister of.

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12 finalists of Google Impact Challenge announced

Google has announced the 12 finalists of the first Google Impact Challenge in Kenya. Lewa Wildlife Marathon was named the winner of the Public Vote, while African Prisons Project, Startup.

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AfDB approves €17.96 million Ring-Road project to improve socio-economic growth in Cameroon

The African Development Bank (AfDB) has approved a € 17.96 million loan to the Republic of Cameroon to finance the construction of a Ring-Road Project in the North-West Province of.

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Vodacom adds over 150 new sites to prepare its network for the festive season

Vodacom has added over 150 new sites to its network to facilitate additional traffic over the festive season. The sites will support the migration of popular holiday destinations as well.

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Jambojet appoints Allan Kilavuka as its new Managing Director and CEO

Regional low-cost carrier, Jambojet has appointed Mr. Allan Kilavuka as the new Managing Director and Chief Executive Officer effective 1st January, 2019. Mr Kilavuka is taking over from Mr. Willem.

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Konnect Africa launches internet access solutions for households and SMEs

Konnect Africa, an initiative of the satellite operator Eutelsat dedicated to satellite broadband on the African continent, has launched its Internet access offers throughout the Congolese territory. The ICT Development.

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Ghana and West Africa first local currency corporate bond lists on London Stock Exchange

Quantum Terminals Group (QTG), a leading energy infrastructure developer in Ghana, has a listed bond at London Stock Exchange’s International Securities Market. QTG listed a GHS 45 million (USD 10.

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Local currency not Overvalued contrary to IMF, CBK says

The Kenyan currency, the shilling, is not highly overvalued and the local unit is presently floating as opposed to suggestions on the contrary held by the International Monetary Fund (IMF),.

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