Most Recent News

New Chinese Bank Opens Door in Tanzania

A NEW commercial bank formed by China’s state-owned and private enterprises open doors in Dar es Salaam Monday next week to tap into growing Chinese trade and investment in Tanzania.

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Egypt’s paper products rise by 15 % in 9 months

Egypt’s paper products exports have rose 15 percent during the first 9 months of 2018 to record $3437 million versus $298.4 a year earlier. Thus the paper products exports have.

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Germany backs UNCTAD work to deliver goals of Africa trade deal

A 1.6-million-euro German donation to UNCTAD will help the UN’s trade and development bodywork with African partners to implement a landmark continental agreement on cross-border commerce. Ambassador Hans-Peter Jugel, Germany’s.

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Moroccans Spend $1.7 Billion on Foreign Travel

According to Morocco’s Foreign Exchange Office, Moroccan citizens spent a total of $1.7 billion on travel-related expenses compared to $1.55 billion recorded during the same period last year. What Moroccans.

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Turkish agriculture sector to start investment in Sudan

Turkish agricultural sector will be able to commence investments in Sudan’s fields by 2019, Turkish agriculture minister told Anadolu Agency. An office of Turkish and Sudanese joint agricultural and livestock.

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Top Kenyan Retailer Eyes NSE Listing in 2019

Tusker Mattresses, popularly referred to as Tuskys Supermarket, Kenya’s biggest retailer brand plans to list at the Nairobi Securities Exchange (NSE) in 2019 as it eyes increased market share within.

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South Africa to invest $1 bln in South Sudan’s oil sector

South Africa will invest $1bn in South Sudan’s oil industry, according to South Sudan’s oil minister Ezekiel Lol Gatkuoth. The deal, which will be subject to further negotiations between the.

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Renault Invites Korean Steelmaker Posco to Invest in Morocco

Renault made the offer to Posco “in early 2017 as part of its strategy to diversify its sources of steel,” a source acquainted with the affair told the South Korean.

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European Investment Bank signs €200 million loan deal with Afreximbank to support job creation

The European Investment Bank has signed a new fifteen-year EUR 200 million loan agreement with the African Export-Import Bank (Afreximbank), aimed at supporting trade-related productive investments, including in renewable energy.

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CISI partners with NSE to reinforce finance professionals in Africa

The Chartered Institute for Securities & Investment (CISI) announced a new partnership with the Nigerian Stock Exchange (NSE) to provide training for CISI qualifications in Nigeria, under the auspices or.

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