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African Development Bank approves $15million to promote SME in West Africa

The Board of Directors of the African Development Bank has approved $15million equity investment in Verod Capital Growth Fund III, a private equity fund that will make investments in high.

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Zimbabwe finance minister wants to clear World Bank debt of R27bn

Zimbabwe’s new finance minister said on Monday he would accelerate plans to pay arrears to the World Bank and the African Development Bank and would work on a three-year programme.

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UN-Habitat and partners drive for equitable economic growth in Kenya

UN-Habitat, working in concert with its partners, has embarked on a cities campaign on Equitable Economic Growth in two Kenyan secondary towns of Kajiado and Ol-Kalou. The aim of the.

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Ramaphosa says youth job creation target stands despite recession

South Africa’s technical recession will not cause to downscale government’s target of creating a million jobs for young citizens over three years, President Cyril Ramaphosa said on Tuesday. “It is.

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Rwandan banks profit from loans interest and automation

Listed banks in Rwanda have reported strong growth in profits in the first half of the year despite a tough business environment, thanks to interest income and commissions. The banks.

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Turkey signs agriculture, oil exploration deals with Sudan

Turkey and Sudan have signed a $100 million oil exploration deal and an agreement allocating thousands of square miles of Sudanese agricultural land for investment by Turkish companies, Turkey’s agriculture.

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China Mobile International Limited opens South African office

China Mobile International Limited (CMI) has opened a South African office in Johannesburg. Mr. Chen Zhaoxiong, Vice Minister of Industry and Information Technology of the People’s Republic of China; Mr..

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South Sudan President Salva Kiir Will Not Travel To Addis Ababa Today – Presidency

South Sudan President Salva Kiir Mayardiit will not travel today to the Ethiopian capital Addis Ababa where a final peace deal is expected to be signed tomorrow, Wednesday by the.

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Botswana government hopeful of China beef market

Botswana President Mokgweetsi Masisi said his government is confident that it will establish a lucrative beef market with the People’s Republic of China. Briefing members of the media upon his.

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Gowon to speak at 2nd LEAD Leadership Summit in Lagos

Retired Gen. Yakubu Gowon and Gov. Akinwunmi of Lagos State will be the guest lead speakers at the forthcoming Africa Innovation Concepts (AIC) 2nd Annual Leadership Summit, “LEAD 2.0’’. The.

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