The total trade volume of Nigeria and Turkey is currently at $1.145 billion to the favour of Nigeria, Turkish President Recep Tayyip Erdogan has recently disclosed at the Presidential Villa.
Barclays Plc will sell its Africa business as part of a plan by new Chief Executive Jes Staley to simplify the bank’s structure and seek higher shareholder returns, after reporting.
Rwandan President Paul Kagamehas recently met with a delegation of business leaders under the umbrella body, Gen Next. The body whose membership is only on invitation is composed of 275.
Rwanda and Ethiopia have signed an air service agreement, where the two countries agreed to open their airspace allowing their Ethiopian Air and Rwand Air to operate without restrictions..
The OPEC cartel needs to take action to stabilize the oil market because crude prices have fallen to “totally unacceptable” levels, Nigerian President Muhammadu Buhari has recently said.
Eritrea expects to have four mines in operation by 2018 producing gold, copper, zinc and potash as one of Africa’s poorest nations looks to build an industry that can kick-start.
CBN Governor, Godwin Emefiele The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has recently reiterated the bank’s commitment towards making the Development Finance Institutions (DFIs) in.
African Export-Import Bank (Afreximbank) has recently agreed to a $500 million facility with the Central Bank of Egypt (CBE) to help Egyptian importers through a foreign currency crisis. The Afreximbank.
Tunisia Central Bank has said that the International Monetary Fund (IMF), recently began talks with the country over a new credit programme, as part of measures to strengthen its economy.
Zambia’s cabinet has recently approved a new royalty system that varies depending on the copper price as Africa’s second-biggest producer seeks to keep struggling mines open and limit job losses,.
