There is resuscitation in the financing of Nigeria’s infrastructural projects, courtesy of the African Development Bank (AFDB), as the lender signed into a $1 billion Multi-Lateral Development Bank and private.
The African Export-Import Bank (Afreximbank) has closed a Korea-focused $150 million club facility which has Shinhan Bank as coordinator and lender. Other banks participating as lenders in the facility, which.
Africa50 shareholders have approved the expansion of the Board of Directors to include at least half independent directors. The five new board members, hailing from France, Lebanon, Kenya, Nigeria and.
Yesterday, Oracle announced its Impact Technology Summit, hosted in Nairobi and geared towards driving awareness of emerging technologies and their impact on business. Impact Kenya brought together domain experts and.
Chinese investors have expressed interests in Nigeria’s silk industry in a bid to promote its $7.2b trade ties between the two countries. Gao Hongliang, China’s Commercial Consular, speaking at China.
Despite an economic slowdown, most African countries are reported to have a positive economic outlook. This is according to a new report by the Institute of Chartered Accountants in England.
The two-day 2018 Forum on China-Africa Cooperation (FOCAC) Summit in Beijing kicked off on Monday. As the bond of China-Africa tightens, misunderstanding of China-Africa cooperation is fading away, allowing the.
Uganda needs to open up more agricultural universities and tailor the studies in line with the country’s needs if the sector is to continue being the backbone for the economy,.
Ugandan multi-millionaire tycoon and philanthropist, Mohammed Hamid, has hired U.S-based international hotel and resort chain Wyndham Hotels & Resorts to manage his $300 million 5-star Pearl of Africa Hotel which.
When Angela Merkel, Chancellor of Germany, visited Nigeria, Volkswagen took the opportunity to sign a Memorandum of Understanding (MoU) in the presence of both the Chancellor and His Excellency, President.
