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Another African country, Angola kicks off oil sector reforms as Nigeria dithers

Unlike Nigeria’s Muhammadu Buhari, Angola’s President João Lourenço has commenced oil reforms in its state-owned Sonangol with the aim of boosting production in Africa’s second biggest oil producing country. Since.

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Ghana: Six Banks Jostle for Getfund’s Ghc2.3 Billion Loan

One consortium and five investment and universal banks have been shortlisted as likely arrangers of a GH¢2.3 billion loan for the Ghana Education Trust Fund (GETFund). The six banks are.

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Iran, Kenya bilateral trade can increase to $500mn

Iranian ambassador to African country of Kenya Hadi Farajvand told Mehr News Agency correspondent that the black continent has become a ground for competitions among the regional and global powers.

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President Muhammadu Buhari to Inaugurate Largest Brewery in West Africa

President Muhammadu Buhari will next Tuesday inaugurate a brewery owned by International Breweries Plc in Ogun State. The Plant Manager, Mr. Tony Agah, disclosed this yesterday during a media tour.

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FTI Consulting expands offering in South Africa

Global business advisory firm FTI Consulting, Inc. has announced the continued expansion of the firm’s service offering in South Africa with the appointment of John Geel, Helena Martins and Mickey.

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Angolan President Opens Business Forum in Germany

Berlin, Aug 22 (Prensa Latina) President Joao Lourenzo has opened the 7th Angola-Germany Economic Forum today as part of the official two-day visit to the European country. Some 220 entrepreneurs,.

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Egyptian exports climb $1.2 bn in only three months

Egyptian exports have surged by US$1.2 billion in 3 months, reaching $6.755 billion by the end of the third quarter (Q3) of the last fiscal year, compared to $5.547 billion.

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National Bank of Kenya has posted Sh282 million losses in the first half of 2018

National Bank of Kenya (NBK) has posted Sh282 million losses in the first half of 2018, compared to Sh179 million profit made same period the previous year. Loans dropped by.

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Rwanda, Italy sign bilateral air service agreement

The Government of Rwanda and the Italian Republic have signed a Bilateral Air Services Agreement with the aim of enhancing commercial flight operations between the two countries. The signed agreement.

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Ethiopia launches first waste-to-energy plant in Africa

Ethiopia has launched the waste-to-energy facility, a first of its kind in Africa. The plant, situated in Addis Ababa, which has been named as the Reppie project, will incinerate at.

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