Most Recent News

South Africa’s Rand Recovers as Gordhan Takes Over

Following the appointment of the widely respected Finance Minister, Pravin Gordhan, South Africa’s rand has recently extended its rally from the previous session, firming to well below the 15 rand.

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Algeria Opens New 350,000 Tonne Capacity Sugar Refinery

The Ministry of Industry in Algeria, has recently announced the opening of a new sugar refinery with a capacity of 350,000 tonnes a year, in the country Officials have revealed.

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AfDB approves $1.5 billion loan to Egypt

The African Development Bank (AfDB) has approved a $1.5 billion loan to Egypt to be paid out over three years, International Cooperation Minister Sahar Nasr has said. According to Nasr,.

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Italy to Contribute to Africa’s Fund for Combating Climate Change

As part of efforts to mitigate the negative impact of climate change and transition the continent to sustainable low-carbon growth, the Italian government has recently announced that it will contribute.

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New Cable to Take Internet Connection to Inaccessible African Countries

Liquid Sea, a subsidiary of Liquid Telkom, leading Fiber Optics Company in Sub-Saharan Africa, is set to take internet connection to landlocked countries in Eastern, Central and Southern Africa with.

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CENTRAL AFRICA: VOTING ENTERS SECOND DAY AFTER VIOLENCE

Eligible voters has recently defied a day of armed clashes in Central African Republic to have their say on a new constitution seen as vital to ending violence in a.

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Egypt: President Al-SisiSet to Reclaim Land Lost to Desertification

The government of Egypt has recently announced that President Abdel Fattah al-Sisiis set to inaugurate a desert reclamation project by the end of 2015 aimed at expanding Egypt’s farmland by.

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NIGERIA: FG PLANS NEW POLICIES FOR EASE OF DOING BUSINESS

President Muhammadu Buhari has recently said in Abuja, that his administration will soon introduce more policies to further ease the process of doing business in Nigeria. Speaking after a presentation.

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Zambia cabinet approves $275 million Chinese housing loan

In a bid to ease the housing challenges of security workers in Zambia, the presidency in a statement has recently announced that Zambia’s cabinet has approved plans to borrow $275.

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China, Nigeria to Partner against Insurgency

The Chinese Ambassador to Nigeria, GuXiaojie has recently assured the Nigerian Armed Forces of the Chinese government’s readiness to partner in the current fight against insurgency.He gave the assurance when.

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