Most Recent News

Ghana opposition seeks IMF view on $2 bln Chinese Bauxite deal

Ghana’s opposition in parliament wants the International Monetary Fund (IMF) to decide whether a $2 billion Chinese deal agreed by the government in exchange for bauxite will add to the.

  • 0

Maimane asks Ramaphosa to table terms of R33bn Eskom-China loan

Main opposition Democratic Alliance leader Mmusi Maimane said on Friday he had written to President Cyril Ramaphosa requesting that he table in Parliament within 14 days, the full terms and.

  • 0

Angola signs $500 million agreement with Germany’s Commerzbank

Angola has signed a framework agreement amounting to $500 million with and the German Commerzbank. On the side of Angola, the document was signed by Finance minister Archer Mangueira, while.

  • 0

Kenya: NIC Bank Half-Year Net Profit Down 2.1% as Interest Paid on Deposits Rises

NIC Bank’s net profit for the first six months of 2018 fell 2.1 per cent to Sh1.98 billion from Sh2.03 billion posted at a similar time last year as interest.

  • 0

KEFI Signs Agreement Worth Up To USD35 Million For Ethiopian Project (ALLISS)

KEFI Minerals PLC said Friday it has signed an agreement with Ethiopian investors worth as much as USD35 million in order to develop its Tulu Kapi gold project in Ethiopia..

  • 0

Nigerian crude exports set for four-month high

The nation’s oil exports are expected to rise to their highest in four months in October, on the back of supply of several larger grades coming back online following a.

  • 0

Foreign Investment Gives Ethiopia over Four Billion Dollars

Ethiopia attracted over four billion dollars in Direct Foreign Investment (DFI) during the last fiscal year, which ended on July 8, confirmed here official sources. According to the spokesperson of.

  • 0

Kenya: Medical Suppliers Lost Sh114 Million in Sales Due to Delays at Inland Container Depot

Medical suppliers has lost Sh114 million in sales owing to delays in clearing consignments at the inland container depot in Nairobi. Mission for Essential Drugs and Supplies (MEDS), a regional.

  • 0

Dangote signs 20yr deal with TPDC for supply of gas to its Tanzanian plant

Tanzania Petroleum Development Corporation (TPDC) and Dangote Cement yesterday signed a 20-year deal that will see the cement maker produce electricity for the production of cement at Dangote’s Mtwara plant.

  • 0

World leaders meet to discuss water crisis

World leaders, water, development experts, among other stakeholders are converging on Stockholm, Sweden, to find new, nature-based solutions to meet escalating global water crisis. In a statement by Jens Berggren,.

  • 0