· World Bank has approved $1.15 billion development policy loan for Egypt to support the country’s economic reform programs. · The World Bank issued a total of $3.15 billion loans.
· A group of miners in Sierra Leone in March 2017 discovered the biggest diamond in the country’s history and the 14th largest ever found in the world, a 709-carat.
· Zimbabwe’s newly appointed president, Emmerson Mnangagwa dissolves Mugabe’s Cabinet. · Appointed president on Monday named Patrick Chinamasa as acting finance minister prior to the appointment of a new cabinet..
Kenya Airways has recently initiated a turnaround plan to pay off its $2 billion debt after incurring heavy losses. The airline company is also set to brief investors on the.
· $50 million to catalyse private sector’s investment in off-grid energy solutions. · To increase electricity access in the country by about 19 percent. · The fund will allow a.
· Dangote Noodles Limited, a subsidiary of Nigerian company Dangote Flour Mills sells plants at its Ikorodu and Calabar factories to rival pasta maker, De-United Foods Industries a subsidiary of.
Nigerian President Muhammadu Buhari on Tuesday presented the 2018 budget of 8.6 Trillion Naira ($28.16 Billion) to advance the growth of the country’s economy. The federal government says the 2018 budget.
The Continent’s largest airline group, Ethiopian Airlines has recently increased its weekly flight rates to the Central African cities of Yaounde and Libreville the Gabonese capital using its latest environmentally.
Yara International, a Norwegian fertilizer company is considering building a $2 billion gas-fired plant in Mozambique. The chief executive said. According to the CEO Svein Tore Holsether, The fertilizer producing.
South Africa’s platinum company, Implats (Impala platinum) on Tuesday said that the reduction in the production of platinum was due to a stock buildup coupled with the scheduled furnace maintenance.
