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Eritrea: Citizens in Diaspora Invests in Developing Their Homeland

A series of activities were held by the nationals of Eritrea living in Germany, the Kingdom of Saudi Arabia and US, which was aimed at strengthening the relations and communications.

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European Bank Partners with Rwandan Banks to Finance SMEs

The European Investment Bank (EIB) has extended US$29.6million (€24million) loan to two local banks for financing small and medium sized firms in Rwanda. The bank signed the US$19million loan with.

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Merger and Acquisition in Africa to Hit $4.5bn in 2018

A new report has predicted that Merger and Acquisition, M&A in Nigeria and other African nations will rise to $4.5 billion this year. The Global Transaction report obtained by Sweetcrude.

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African Capital Market Growth Showcased by Increase in ECM Transactions

According to the global auditing firm, PricewaterhouseCoopers, African equity capital market transaction volume and value improved in 2017 over 2016. In terms of value, 2017 saw the largest initial public.

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Egypt’s New Oil Refinery to Begin Operation by Q418

Egypt’s new oil refinery near Cairo which has been delayed before now, will begin a test run in the third quarter of 2018, its managing director said on Monday. The.

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Saudi Arabia, Egypt Announce $10 billion Investment Deal

Saudi Arabia and Egypt have agreed to create a $10 billion joint fund to develop a mega-city in Egypt’s southern Sinai Peninsula, with both countries committing more than 1,000 square.

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Morocco’s Strong Bid to Host the World Cup

Morocco will emphasize its compact nature and “sweet spot location” when it submits its 2026 World Cup bid book to Fifa later this month. The North African nation is the.

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Nigeria’s Trade Account Turns Positive In 2017 After Recession

Nigeria’s trade account turned positive in 2017 as a rise in oil exports outweighed imports after dollar shortages frustrated transactions, the National Bureau of Statistics (NBS) said. “The balance of.

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NRZ Revival to Kick-start Zimbabwe’s Economy

The first step towards the revival of Zimbabwe’s industrial sector has taken off with the commissioning of railway wagons meant to rescucitate operations at the National Railways of Zimbabwe (NRZ)..

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Letter from London: Mrs May’s London Speech Pulls Warring Party from the Brink

By Martin Roche British Prime Minister, Theresa May, gave a speech in London last week that achieved three political advantages. It was not a great work of oratory and, as.

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