Most Recent World News

South Africa: Manufacturing, Mining Sectors Boost Economy Growth

  South Africa’s economy grew by its most in six quarters as the mining and manufacturing sectors reversed sharp contractions due to an uptick in exports, the statistics agency said,.

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East Africa Nations Race to Become Region’s First Oil Exporter

    Significant onshore oil discoveries in Uganda and Kenya and offshore gas discoveries in Tanzania and Mozambique have made East Africa a subject of intense interest among the global.

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Angolan President Fires Finance Minister Manuel

Angolan President Jose Eduardo dos Santos fired Finance Minister Armando Manuel on Monday two months after the government of Africa’s biggest oil producer broke off talks with the IMF over.

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Aniwura.Com Launches Africa’s First Online Multidimensional Marketplace

Addressing what it sees as a confined demand for online purchasing, aniwura.com has recently launched a portal where businesses and government entities can transact businesses for products and services and also facilitate.

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Foreign Direct Investment and the African Community

      By: Barnabas Thondhlana/ Contributor, African Leadership Foreign Direct Investment (FDI) into Sub-Saharan Africa grew by 7% in 2015, making the sub-region one of the fastest growing in.

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Rwanda Signs $818m Deal for New International Airport

By Clement Uwiringiyimana Rwanda has signed a deal with the African division of Portuguese construction firm Mota-Engil to build an international airport at a cost of $818 million, the company.

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Nigeria Approves Plan to Borrow More from Abroad as Recession Hits

  By Felix Onuah Nigeria’s government has approved a three-year plan to borrow more from abroad, Finance Minister Kemi Adeosun said on Wednesday after the economy slipped into recession for.

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G20 Summit in China, the Light at the End of Tunnel

By Chinese Consul General in Lagos, Chao Xiaoliang The G20 summit will be held on September 4th -5th, 2016 in a beautiful southeast city Hangzhou, China. It is also the.

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Untapped Intra-Regional Trade Opportunities Key To Boosting African Economies

Despite an average annual growth in exports of 8.5% since 2010, trade between African regions remains low when compared to other parts of the world, according to The Africa Economic.

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Tunisia’s State Airline to Cut 1,000 Jobs: Minister

    Tunisair, Tunisia’s state-owned carrier plans to lay off 1,000 employees or more than 12 percent of its full-time workforce, as part of reform plans, the Transport Minister told.

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