Ethiopian Air to Purchase Airbus Jets Worth $3 billion
19/06/2017Ethiopian Airlines Enterprise plans to buy 10 A350 wide-body jets worth over $3 billion from Airbus SE to extend business. According to sources who asked not to be named, the deal.
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ALM EXCLUSIVE: African Nations Must Embrace Global Standards Of Financial Reporting to Attract Foreign Investors
16/06/2017By – Hugo Miguel Évora Gonçalves, Member of the Board of Directors, Fundo Soberano de Angola Economic Growth and Increased Prosperity Can Only be delivered through the Adoption.
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Ghana to Withdraw Stabilization Funds for Farmers
15/06/2017Cocoa farmers in Ghana have not been paid owing to the global slump the country is facing. Ghana will probably start withdrawing funds from its Stabilization Fund to pay its.
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Tunisia: World Bank Approves $500 Mln Budget Support
14/06/2017The World Bank on Tuesday approved $500 million credit for Tunisia to help the North African country with budget support. The loan was signed after a meeting by the International.
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Rare Diamonds Discovered in Lesotho Mine
13/06/2017Two diamonds were recently discovered by Gem Diamonds Ltd in its Lesotho mines. Gem unearthed a 104.73 Carat D Colour Type IIa diamond and a 151.52 carat Type I yellow.
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KCB Group to Acquire National Bank of Kenya
12/06/2017Kenya biggest lender by assets, KCB Group, has proposed to acquire the National Bank of Kenya through a share swap which will boost its shares of the government’s banking.
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Zimbabwe to Export Wildlife to DRC, Gambia
08/06/2017The Zimbabwean government has said it would export wildlife to Gambia and the Democratic Republic of Congo, according to the Environment Minister, Oppah Muchinguri-Kashiri. She also said that both countries.
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Steinhoff South Africa Reports Rise in Profit, Revenue
07/06/2017South Africa-based retail group Steinhoff International has recently reported a 13 percent increase in half-year operating profit and a 48 percent jump in revenue as recent acquisitions buoyed sales. Steinhoff,.
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South Africa: Datatec Boost Shares with New Sale Deal
06/06/2017Datatec Ltd, a South African information technology firm on Tuesday said it will sell its Westcon-Comstor Americas business to Synnex Corp for up to $800 million, sending its shares up.
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Telkom SA Records Profit Jump
05/06/2017Africa’s largest landline producer, Telkom SA, recently reported a rise in a year’s earning as result of a result of an excellent performance from its mobile business and its enterprise.
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