Africa’s richest woman Isabel dos Santos plans to increase her stake in Portuguese bank Banco BIC, to 50%. According to a report by online news service Macauhub, dos Santos, who already owns.
Washington, DC —This week the governments of the United States and Ethiopia are co-hosting a high-level meeting of African energy ministers, civil society and development organizations, researchers and some 30.
David Tepper, hedge-fund manager of the $20 billion Appaloosa Management, is nervous about the market (according to Jason Zweig’s May 16, 2014 column in the Wall Street Journal). He’s not.
Libya’s interim parliament Sunday approved a new government, led by Prime Minister Ahmed Mitig, in a controversial vote that threatens to deepen the country’s political and security crisis. A total.
The importance of the maritime sector cannot be undermined as it remains the most feasible means for facilitating trade between continents and islands. Its role is particularly enhanced in Africa whose exports.
Nigeria social banking pioneer, Guaranty Trust Bank Plc (GTBank) has launched “The SME MarketHub”, a free business directory and e-commerce portal that will help support Small and Medium scale enterprises.
Peter Mutharika has been sworn in as the new president of Malawi. The 74-year-old-leader of the Democratic Progressive Party was sworn in Saturday in the commercial capital, Blantyre. Mutharika said.
Former Egyptian army chief Abdel Fattah al-Sisi won a landslide victory in a presidential election on Thursday but a low turnout threatened to deprive him of the strong mandate he.
In furtherance of its commitment to boosting gas processing in the country, Nigeria is set to construct the first and largest gas industrial park in Africa, Petroleum Resources Minister, Diezani.
The United States says that it has lifted remaining restrictions on direct assistance in light of the successful elections in 2013 and installation of a new government earlier in 2014..
