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Egypt introduces improved financial reporting system for agencies

The finance ministry of Egypt has started the implementation of a new system to monitor state agencies’ financial transactions. The Government Financial Management Information System, which is part of the.

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South Africa’s Land Bank says expropriation could cost the government R41 billion

The Land and Agricultural Development Bank of South Africa (LADBSA) has warned that land expropriation without compensation, implemented on farmland, will trigger a financial fright. As reported by Business Tech,.

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President Afwerki Urges South Sudan to Promote Bilateral Relations with Horn of Africa Countries

President Isaias Afwerki expressed his support to South Sudan and called on President Salva Kiir to enhance relations with the Horn of Africa countries and Sudan especially. President Kiir was.

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NNPC and SPDC Partners to Deliver 3.4 Billion Standard Cubic Feet of Gas Per Day by 2020

Nigerian National Petroleum Corporation (NNPC) and Seplat Petroleum Development Company (SPDC) have signed five agreements to expedite the development of a project aimed at delivering about 3.4 billion standard cubic.

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Wilfred Ndidi Signs Two-Year Contract Extension with Leicester City

The Nigeria midfielder, who had reportedly been targeted by Arsenal, has signed a new deal with the Foxes through 2024. Leicester City have handed Wilfred Ndidi a two-year extension to.

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Ethiopian Airlines, Zambia to relaunch national airline at cost of $30 million

Ethiopian Airlines has signed a shareholding agreement with Zambia’s main development agency to relaunch the southern African country’s flag carrier at an initial cost of $30 million. The Ethiopian state-owned.

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Mugabe will only get to keep one farm – Mnangagwa

Former president Robert Mugabe will only be allowed to keep one farm in line with the government’s land policies, President Emmerson Mnangagwa says. In a wide-ranging interview with the Independent.

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ECOWAS moves to develop regional strategies for AGOA, TIFA

A Technical Working Group (TWG) comprising of focal points from Directorates of the Commission of the Economic Community of West African States (ECOWAS) recommended that regional and national strategies be.

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Afreximbank Records $343m Gross Revenue in Half-year

The African Export-Import Bank (Afreximbank) has released its unaudited financial statements for the half-year period ended 30 June 2018, showing gross revenue of $343 million. The figure represented a $21.

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Nigeria Wasted $1tn Earned in Oil Booms, Says Report

But for the recurring wastefulness of federal government, the country could have used about $1 trillion it earned from its production and sale of crude oil in five different oil.

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