Most Recent World News

Kenya: Private Investors Support Healthcare Transformation Cause

Royal Philips today announced its full support for a new Government of Kenya and United Nations (UN) initiative aimed at strengthening primary and community healthcare in Africa. The leading health.

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EMERGING AFRICA INFRASTRUCTURE FUND ANCHORS US$600 MILLION BOND ISSUE BY LEADING TELCO TOWER OPERATOR HELIOS TOWERS AFRICA

Helios Towers Africa (HTA), a leading telecommunications infrastructure and power operator in Africa, is set for expansion following a successful US$600 million, five-year-term, bond issue, supported by the Emerging Africa.

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Nigeria: New Naira Investor Rate Eases for Second Day

By Oludare Mayowa and Chijioke Ohuocha The value of Nigeria’s latest naira exchange rate, set specifically for portfolio investors, eased for a second straight day on Wednesday even as the.

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Gold Slips to Two-week Low on Improved Risk Appetite; Equities Rally

By: Sethuraman N R Gold fell to a two-week low Wednesday, as investors opted for riskier assets such as equities on renewed optimism over the U.S. economy and as political.

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AFIG Funds to sponsor Africa’s Largest Private Equity Gathering

  In Africa, SMEs accounts for about 50 percent of job creation and 33 percent of gross domestic product (GDP), the sector has a funding gap of more than $140.

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Fiscal Policy Remains Unchanged after Cabinet Reshuffle- South Africa’s Zuma

  South Africa’s President Jacob Zuma said on Tuesday the country’s fiscal policy would remain unchanged after his cabinet reshuffle and that his ministers would reach out to international investors.

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Nigeria’s central bank to offer $100 mln in forwards -traders

Nigeria’s central bank to offer $100 mln in forwards -traders   Nigeria’s central bank will offer $100 million in currency forwards on Thursday to be settled within 60 days, traders.

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Nigeria to sell 235 bln naira treasury bills on April 6

  Nigeria plans to sell 234.89 billion naira ($765.99 million) of short-dated treasury bills at an auction on April 6, the central bank said on Wednesday.   The bank said.

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Africa Finance Corporation Announces New Chairman

      Africa Finance Corporation (AFC), a leading pan-African multilateral development finance institution and project developer, announces that Dr Sarah Alade, its Chairman, representing the Central Bank of Nigeria,.

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Nigeria, Morocco Fertilizer Deal Creates 50, 000 jobs

  About 50, 000 jobs have been created in the country following the signing of a Memorandum of Understanding (MoU) on the supply of phosphate between the Nigerian government and.

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