Most Recent World News

Tanzania: President Magufuli Urges Speed on $30b LNG Plant

President John Magufuli has directed the Ministry of Energy and Minerals to fast-track the construction of a Liquefied Natural Gas (LNG) plant in Lindi Region to cost 30 billion US.

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Nigeria’s Buhari Says Monetary Policy Alone Not Enough to Expand Economy

Nigeria will need to combine monetary policies with fiscal and structural policies in order to overcome its worst economic crisis in decades and return to growth, President Muhammadu Buhari said.

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Beijing Automobile Intl Corp to Invest $800 Mln in S. African Industrial Zone

Chinese state-owned Beijing Automobile International Corporation (BAIC) has signed a deal to invest 11 billion rand ($823.30 million) in an industrial zone in South Africa’s Eastern Cape Province, the operator.

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WRESTLING AFRICAN POVERTY FROM ITS ROOT- What roles can the industries play?  

  By: Kenneth Nkemnacho, Contributor A day before putting this article together, I watched a documentary on Russia Today television channel dubbed “Kidney Valley.” On the documentary, it was puzzling.

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Mobile Banking Growth Boosts Kenya’s Co-op Bank Earnings

Increased mobile and internet banking helped Co-operative Bank of Kenya increase its pretax profit in the first half of 2016 by 19 percent to 10.45 billion shillings ($103.08 million), the.

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Africa Can Win as Post-Brexit UK Builds New Trading Relationships

      By Martin Roche (Contributor)   As the world now knows, after more than 40 years of membership the UK is to quit the European Union. Britain’s future.

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South Africa: Curro First-Half Profit Jumps 51% on Acquisitions and Demand

South Africa’s biggest private education firm Curro Holdings reported a 51 percent surge in half-year profit on Tuesday, helped by acquisitions and growing demand for private education. Headline earnings, the.

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One Year On – Has the Treasury Single Account Been of Benefit to Nigeria’s Economy?  

  Nigeria’s President Mohammadu Buhari rode on the back of his zero tolerance for corruption to Aso Rock Villa, Nigeria’s seat of power. Upon assumption of Office, the President together with his team.

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Tigo Pesa Customers Pockets $21M Ninth Quarterly Profit Share

Tigo Head of Mobile Financial Services, Ruan Swanepoel said cumulatively the company has paid its mobile financial services users a total of Tshs 46.2 billion (US$ 21,203,490) in quarterly payments.

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Nigeria: FG Says It Has No Plan to Increase Fuel Price

Nigeria’s federal government has recently denied reports of an imminent increase in pump price of fuel. There had been speculations of a fresh raise, two months after the government increased.

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