Most Recent World News

South Africa’s Sappi to Invest $305M in North America, Europe

South African pulp and paper maker Sappi will invest $305 million in North America and Europe to increase its packaging capacity, the firm said on Wednesday after releasing its first-quarter.

  • 0

Gold Miner Centamin to Pay about $100 Mln to Egypt in 2017

Centamin, the operator of Egypt’s only commercial gold mine, expects to pay about $100 million during its first full year of profit sharing with the government in 2017, subject to.

  • 0

ABO Capital Opens Office in New York City, Continues To Have Presence in Major Markets  

    Zandre Campos, CEO of ABO Capital, a leading international investment firm headquartered in Angola, announced today the opening of a NYC office. The office located at 641 Lexington.

  • 0

Kenya Economic Growth to Slip to 5.7 pct in 2017: Cenbank

    Kenyan economic growth is expected to slip to 5.7 percent in 2017 from about 5.9 percent in 2016, the central bank said on Tuesday.   Governor Patrick Njoroge.

  • 0

Tanzania Secures $225m Loan from World Bank Approves for Water Sector

The World Bank’s board of executive directors has approved a $225 million loan to Tanzania to improve water supply in the African nation’s commercial capital Dar es Salaam, the bank.

  • 0

Tanzania to Receive World Bank $305m Loan for Port Expansion

Tanzania will receive a $305 million loan from the World Bank to expand its main port in it main commercial city Dar es Salaam, where congestion and inefficiencies are hampering.

  • 0

Africa Finance Corporation issues US$150 million maiden Sukuk

  Africa Finance Corporation (AFC), a leading pan-African multilateral development finance institution and project developer, has issued its maiden Sukuk, the highest-rated ever Sukuk issuance from an African institution. Following.

  • 0

Equatorial Guinea Presents Offer To Become OPEC Member In 2017

Africa’s no. 3 oil producer Equatorial Guinea has presented an offer to join the Organisation of the Petroleum Exporting Countries (OPEC) this year and has agreed to production cuts, its.

  • 0

Nigeria Must Not Scare Away MTN, Says Communications Minister

By Camillus Eboh and Paul Carsten Nigeria must not scare away MTN, its minister of communications said, as lawmakers investigate alleged illegal money transfers just three months after the government.

  • 0

Rising Kenyan Tea, Coffee Export Prices To Ease Drought Impact

Rising prices for Kenyan tea and coffee exports will help offset the impact from a drought that has been hurting the East African nation’s agriculture after poor rains late last.

  • 0