IMF approves $3.7 billion loan for oil-rich Angola
08/12/2018The International Monetary Fund says it has approved a three-year loan of about $3.7 billion for Angola, which seeks to diversify its economy and curb corruption after a new president.
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Most Recent News
Business & Economy
Nigerian firm, WAPCo to supply gas to Togo
08/12/2018Axxela Limited, a Nigerian gas and power portfolio company, has signed a Gas Transportation Agreement with the West African Gas Pipeline Company Limited to transport over 15 million standard cubic.
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Business & Economy
Saudi Arabia to donate $114 million to 5 African countries
08/12/2018Saudi Arabia has promised to donate 100 million Euros ($114 million) to the G5 Sahel for development projects. The Saudi Press Agency reported Friday that Saudi Arabia has pledged the.
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Business & Economy
Italy, Egypt sign €45 mln agreement to support private sector
08/12/2018Egypt’s Investment Minister, Sahar Nasr, has signed an agreement with the Italian Ambassador to Egypt Giampaolo Cantini an agreement to develop the private sector in Egypt worth €45 million. The.
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Business & Economy
Telecom Egypt, Liquid Telecom sign data centre, infrastructure deal
08/12/2018Pan-African Liquid Telecom will be able to invest in Egyptian telecoms under an outline deal signed with Telecom Egypt, the country’s investment ministry said on Saturday. Liquid Telecom, a subsidiary.
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Africa
Business & Economy
Kenya’s First Family Owned Bank in Merger Talks
07/12/2018A bank associated with the Kenya’s first family is engaged in talks with a middle tier bank associated with a possible merger, creating in the process Kenya’s third biggest bank.
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Africa
President Kenyatta holds talks with Deputy President Mabuza of South Africa
07/12/2018Kenya’s President Uhuru Kenyatta has today held talks with South Africa’s Deputy President David Mabuza who paid him a courtesy call at State House, Nairobi. During the meeting, President Kenyatta.
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Business & Economy
Access Bank Wins SERAS Award
07/12/2018Access Bank Plc has announced that it recently won the ‘Most Responsible Business in Africa’ and three other awards at the 12th edition of the Sustainability, Enterprise and Responsibility Awards.
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Business & Economy
Diamond Bank launches premium lifestyle service targeting premium customers
07/12/2018In its quest to go beyond banking in serving its customers better and impacting on their lives, Diamond Bank has introduced a premium lifestyle subscription service for its affluent banking.
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Business & Economy
[South Africa] Government launches $170m special economic zone to bolster investment
07/12/2018The South African government has launched a special economic zone in Atlantis to attract large-scale investment that will create jobs and bolster manufacturing in the area and the Western Cape..
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