Kenya secured Sh21.9 billion financial assistance from China for infrastructure development and drought mitigation. The money includes a Sh19.2 billion grant to deepen ties between the two countries. An.
South Africa’s Vodacom said on Monday it will buy a 35 percent stake in Safaricom from its parent company Vodafone for 34.6 billion rand ($2.59 billion), expanding its reach into.
By: Mfuneko Toyana South Africa’s rand strengthened on Wednesday following two consecutive days of losses, helped by firmer precious metals prices and a slip in the dollar after U.S. President.
By: Mfuneko Toyana South Africa’s rand extended losses, nearing its weakest level in a month as demand for riskier currencies, as well as gold and other safe-haven commodities, waned following.
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.
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.
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.
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.
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.
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.
