Nigeria’s Revenues Fall Far Short In First Half of Year: Minister
10/10/2016Nigeria managed to raise only 55 percent of its six-month revenue target in the first six months of 2016, its budget minister said on Monday. “We have not been able.
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Sub-Saharan Africa Can Win More Financial Services Inward Investment
07/10/2016By Martin Roche, Contributor In June, the United Nations Conference on Trade and Development (UNCTAD) published its 2015 annual report on global foreign direct investment (FDI) flows. It says that.
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Nigeria Lowers 2016 Forecast, Expects Economy to Shrink 1.3 Pct
06/10/2016By Chijioke Ohuocha ABUJA (Reuters) – Nigeria’s economy is likely to shrink 1.3 percent in 2016, the National Bureau of Statistics executive said on Wednesday, a sharp downward revision of.
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South Africa: Gov’t Wants 26pct Black Ownership of Mining Firms
05/10/2016South African President Jacob Zuma wants government to negotiate a compromise with mining firms over black equity ownership quotas, in an effort to avoid court hearings, deputy mines Minister.
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African Economic Growth to Slip to 1.6 Pct This Year: World Bank
29/09/2016Economic growth in sub-Saharan Africa is likely to slip to 1.6 percent this year, from 3 percent in 2015, due to continuing woes in the continent’s largest economies South Africa.
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MTN Denies Illegal Transfer of $14 Billion from Nigeria
28/09/2016South African telecoms giant MTN on Wednesday denied an allegation that it had illegally repatriated $13.92 billion from Nigeria, saying the claim was without merit. Lawmakers in the upper house.
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Egypt Eyes $10 Bln in Foreign Investment as it Upgrades Infrastructure
26/09/2016By Lin Noueihed Egypt hopes to attract $10 billion in foreign direct investment (FDI) next year and will automate the process of establishing a company, its investment chief said, highlighting.
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Africa Will Continue To Grow as a Tourist Destination: ABO Capital CEO
23/09/2016Mr Zandere Campos, the Chairman and Chief Executive Officer of ABO Capital, an international investment firm headquartered in Angola, in this exclusive interview with Eruke Ojuederie of the African.
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Kia Motors to Assemble Cars in Ethiopia, Considers Algeria
23/09/2016By Aaron Maasho South Korea’s Kia Motors Corp signed a deal with a local company on Thursday to start assembling cars in Ethiopia and is thinking of similar operations elsewhere.
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More Than $1 Billion in Power Africa Commitments Finalized- USAID Chief
21/09/2016More than $1 billion in debt and financing commitments from U.S. agencies and private investors is set to be announced on Wednesday for U.S. President Barack Obama’s signature Africa.
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