Most Recent News

France Eyes Africa’s Mining Industry With $550m Investment

Europe’s second largest economy, France has revealed plans to invest €400 million ($548 million) in establishing a new state-owned mining company called Compagnie National des Mines de France (CMF), with.

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Microsoft Global President To Meet Nigeria’s Tech Community

Microsoft Global President, Jean Philippe Courtois will today meet with Nigeria’s Tech Community during a visit to the Co Creation Hub Nigeria, a social innovation centre dedicated to accelerating the.

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Kenyan Vehicle Manufacturer (KVM) To Roll Out Africa’s Cheapest Car By June

Kenyan Vehicle Manufacturer (KVM) has revealed that it is currently working on the assembly of Africa’s cheapest car in its Thika plant and expects the vehicle to be made commercially.

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Africa Needs ‘Marshall Plan’ To Tackle Employment Challenge – Tony Elumelu

Africapitalism proponent and chairman of Heirs Holdings Limited, Tony Elumelu, has said that Africa must do more to tackle the threat of unemployment, which risks derailing the continent’s much-touted economic.

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Africa Needs $40bn To End Energy Poverty – European Union

The European Union’s Special Representative to the African Union, Mr Gary Quince has said annual investment worth $40 billion is needed to meet Africa’s energy needs by 2040. “In terms.

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Nigeria: FG Targets N5 Trillion Revenue, Launches Industrial Revolution Plan

President Goodluck Jonathan hinted yesterday that the Nigeria Industrial Revolution Plan (NIRP) was designed to increase the Gross Domestic Product (GDP) by getting the manufacturing sector to a level where.

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American/African musician, Akon Kicks Off #AkonLightingAfrica Project To Bring Electricity To 1 Million Homes In Africa

American/Senegalese born RnB singer Akon, in partnership with Give1Project and ADS Global Corporation SA, has initiated the project “Akon Lighting Africa” which aims to bring electricity to one (1) million households in Africa.

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Sub Saharan Africa Attracts $1.6bn From Private Equity

Sub-Saharan Africa (SSA) last year attracted $1.6 billion in private equity investment in what has been described as the highest investment of its kind in five years. According to the.

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China Emerges Tanzania’s Major Investor

China’s total direct investment in Tanzania soared from $700 million in 2011 to $2.1 billion last year, turning the world’s second biggest economy into the biggest foreign investor in the.

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Qatar To Strengthen Economic Ties With Gambia

Qatar is interested in strengthening trade and economic relations with The Gambia, Qatari Ambassador, Mohamed Nasser Al-Kaabi says. The Arab nation and Gambia has enjoyed a cordial relationship for about.

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