Most Recent World News

South Africa Offers Opportunities To Young Business People

“Because a bunch of us back home, who have returned after living overseas, know that this is the place to be,” said Angel Jones, founder of the Homecoming Revolution, an.

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Top 5 Infrastructural Projects In Africa 2013

The Influx of greater Foreign Direct Investment in Africa, coupled with the rising demand of state-of-the-art infrastructures has ushered in a new dawn of monumental edifices, gradually changing the landscape.

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Africa’s 5 Best Performing Economies 2013

That Africa is set to become the world’s economic engine in the next 10 years or during the 21st century is no doubt a well-known fact. But that almost all.

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Nigeria Secures More Funds For Power Sector Transformation

The African Development Bank (AfDB) has approved a (N29.4billion) $184.2 million loan to drive Nigeria’s power sector privatisation agenda, and a further $3.1 million to propel its vision 2020 power.

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AFC Signs $250m Syndicated Loan To Boost African Investment

Africa Finance Corporation (AFC) has signed a $250 million syndicated loan facility to support investment and trade finance across the continent. According to an official statement, the facility – which.

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Agriculture Ministry Signs $20m Deal To Boost Cassava Bread Production: Nigeria

Nigeria’s Ministry of Agriculture and Rural Development has signed a N4.3 billion ($20m) facility deal with the Bank of Industry (BOI) to boost the production of cassava bread in the.

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An underwater hotel opens in Africa

Joining a list of other experimental under-the-sea hotel rooms in Florida, Sweden and the Maldives, the underwater room at Manta Resort on remote Pemba Island in Tanzania’s Zanzibar Archipelago immerses guests 4m below the.

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Samsung Partners Kenyan University To Supply Lowcost Laptops

Electronic giant, Samsung has come into agreement with a Kenyan institution, the Jomo Kenyatta University of Agriculture and Technology (JKUAT) to subsidize the cost of laptops for its student. Samsung,.

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Monetary Union: East African nations reach agreement

Heads of state of Kenya, Tanzania, Uganda, Rwanda and Burundi, which have already signed a common market and a single customs union, said on Saturday that the protocol would allow them to.

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New East African railway launched

Kenya has formally launched a new, Chinese-financed railway which should extend across East Africa to reach South Sudan, DR Congo and Burundi. The first section will link the Kenyan port.

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