Most Recent World News

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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President Museveni Directs Monitoring Internal calls for Tax purposes.

Determined to rake in all tax revenue accruing from all telephone calls made in Uganda  President Yoweri Museveni has directed the Uganda Revenue Authority (URA) to monitor all calls made.

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South Sudan launches National Development Strategic Plan

The South Sudanese Ministry of Finance and Economic Planning on Tuesday launched a 3-year strategic plan for national development. Vice president James Wani Igga who officially launched the South Sudan.

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Morocco Represents Gateway to Africa to Benefit Belgian Ports

An official on Princess Astrid of Belgium’s trade delegation has said Morocco’s position as gateway to Africa could benefit Antwerp and Zeebrugge. Princess Astrid and several Belgian politicians met, as.

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Africa Finance Corporation invests in Cameroon’s hydro-electric power station

Africa Finance Corporation,AFC, the infrastructure development finance institution in Africa, is investing in the Nachtigal Hydro Power Company (“NHPC”), located 65KM north of Yaounde in Cameroon. The EUR 1.2 billion.

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Equity Bank unveils innovative online forex trading platform

Equity Bank has unveiled an innovative online forex trading platform in a move that seeks to harness the potential of the financial markets in Kenya. Dubbed “EazzyFX” the platform offers.

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Carrefour Kenya partners with Jumia to sell groceries online

Majid Al Futtaim, the exclusive franchisee operator of Carrefour in 15 countries across the Middle East, Africa and Asia, has partnered with Jumia to provide a secure and convenient way.

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Gabon receives € 100 million from AfDB to consolidate economic reforms

In 2016 and 2017, the African Development Bank granted two budget support to Gabon, to support the country’s reforms aimed at restoring macroeconomic stability following the collapse of oil prices.

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RLSF signs deal with five African countries to de-risk renewable energy projects

Since launching a year ago, the Regional Liquidity Support Facility (RLSF) has signed agreements with five countries ensuring that their Independent Power Producers (IPPs) receive protection against payment risks that.

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NGExchanger set to revolutionize cryptocurrency in Nigeria

NGExchanger, a Bitcoin Exchanger in Nigeria, is posed to change the face of Cryptocurrency and Bitcoin e-currency exchange in Nigeria. The Local based company is aware that Africa holds the.

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