Kenya Airways reports Sh4bn loss after tax
29/08/2018Kenya Airways has reported a Sh4b loss after tax for the first six months of 2018. This is an improvement from the Sh5.66bn posted in a similar period last year..
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Business & Economy
China, Africa’s best trading partner for 9 successive years
29/08/2018China-Africa trade has been growing robustly since the launch of 10 major cooperation plans three years ago. In the first half of 2018, bilateral trade rose 16 per cent year.
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Business & Economy
Ghana, Britain sign £20m trade deal
29/08/2018Ghana and Britain on Tuesday signed a £20m trade and investment agreement to create jobs and promote economic development in the west African nation, the Ghanaian presidency said. The presidency.
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Business & Economy
The Central Bank of Nigeria Pumps $210m into Forex Market
29/08/2018The Central Bank of Nigeria (CBN) has injected another sum of $210 million into the interbank foreign exchange (forex) market. The move was part of the central bank’s commitment to.
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Business & Economy
South Korean Official Visits Morocco to Consolidate Economic Ties
29/08/2018Moroccan and South Korean officials have met to reinforce bilateral ties and economic cooperation between the two countries. Morocco’s speaker of House of Representatives, Habib El Malki, and Deputy Speaker.
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Business & Economy
Theresa May to Unveil Measures against Illegal Migration in Nigeria
29/08/2018British Prime Minister Theresa May will Wednesday unveil measures to cut illegal and unsafe migration into Europe from West Africa and support victims of modern slavery as she visits Nigeria.
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Development Stories
NNPC Proposes the Establishment of two Condensate Refineries
29/08/2018Nigerian National Petroleum Corporation says it will establish two condensate refineries with a total refining capacity of 200,000 barrels per day. Mr Ndu Ughamadu, NNPC spokesman made this disclosure in.
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Development Stories
United Kingdom Announces £20 million Job Creation Programme for Ghana
29/08/2018Harriett Baldwin, minister for Africa at the Foreign and Commonwealth Office and the Department for International Development, has announced a major new jobs creation and investment programme during a visit.
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Business & Economy
Britain to invest 56 million pounds in battery storage in South Africa
29/08/2018Britain’s Prime Minister Teresa May has committed 56 million pounds towards investment in battery storage in South Africa during her current trip to the country, the government told Reuters on.
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Development Stories
AfDB, others launch $58 million off grid Energy Access Fund
29/08/2018The Off-Grid Energy Access Fund (OGEF) had its first close with committed capital of $ 58 million from the African Development Bank, the Nordic Development Fund, the Global Environment Facility,.
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