Most Recent News

Nigeria Secures More Funds For Power Sector Transformation

The African Development Bank (AfDB) has approved a (N29.4billion) $184.2 million loan to drive Nigeria’s power sector privatisation agenda, and a further $3.1 million to propel its vision 2020 power.

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AFC Signs $250m Syndicated Loan To Boost African Investment

Africa Finance Corporation (AFC) has signed a $250 million syndicated loan facility to support investment and trade finance across the continent. According to an official statement, the facility – which.

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Top 10 Richard Branson Quotes About Business, Success & Life

Inspirational entrepreneur Sir Richard Branson of Virgin Records, Virgin Atlantic Airways, Virgin Galactic, and over 400 other Virgin-branded enterprises has been successful in business since age 16. Because of this,.

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Otema Yirenkyi Becomes Microsoft’s First Female African Country Manager

Microsoft has appointed Ghanaian ICT expert, Otema Yirenkyi as its country manager for Ghana – making her the company’s first female country manager on the African continent. Prior to her.

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Agriculture Ministry Signs $20m Deal To Boost Cassava Bread Production: Nigeria

Nigeria’s Ministry of Agriculture and Rural Development has signed a N4.3 billion ($20m) facility deal with the Bank of Industry (BOI) to boost the production of cassava bread in the.

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MTN Invests In Rocket Internet’s Africa Internet Holding

Emerging market-focused telecom giant MTN, has acquired a 33.3 percent stake in African Internet Holding (AIH), a leading internet business group co-founded by German ecommerce conglomerate Rocket Internet, and Tigo’s.

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Ethiopia – Sudan Bilateral Relations: A Model For Regional Integration

Ethiopia and Sudan recently concluded their third Joint Commission Meeting, signing 13 agreements and an executive program covering numerous areas of cooperation. The signing of the Framework Agreement for Trade.

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Egyptian Business Tycoo And Politician Naguib Sawiris To Invest $1bn In Egypt Next Year

Egyptian business tycoon and head of Orascom Development Holding, Naguib Sawiris has disclosed plans to invest $1 billion in key economic sectors in Q1 of 2014. Sawiris who was speaking.

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THE AFRICA – MIDDLE EAST ENERGY OUTLOOK FORUM & AWARDS 2014

THEME: Harnessing Global Energy Resources in challenging Times DATE: 22 January 2014 Venue: Sheraton Hotel, Abu Dhabi UAE Time: 6.00PM PIX OF SHERATON, ABU DHABI As the world grapples with.

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An underwater hotel opens in Africa

Joining a list of other experimental under-the-sea hotel rooms in Florida, Sweden and the Maldives, the underwater room at Manta Resort on remote Pemba Island in Tanzania’s Zanzibar Archipelago immerses guests 4m below the.

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