Somalia: New Government Leading Nation to a Better Future
07/03/2018Amidst the horrors that have ravaged Somalia, a new hope seems to have sprouted up following the fallen regimes and the birth of a new government. The current government of.
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Mara Corporation to release Smartphones designed for Africans
07/03/2018Mara Corporation Limited (MCL), one of Africa’s leading Business conglomerate, founded by founded by the Ugandan entrepreneur, Ashish J. Thakkar, is set to release its Smartphone line to the African.
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Diaspora
Eritrea: Citizens in Diaspora Invests in Developing Their Homeland
06/03/2018A 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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Business & Economy
European Bank Partners with Rwandan Banks to Finance SMEs
06/03/2018The 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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Business & Economy
Merger and Acquisition in Africa to Hit $4.5bn in 2018
06/03/2018A 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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Business & Economy
African Capital Market Growth Showcased by Increase in ECM Transactions
06/03/2018According 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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Development Stories
Egypt’s New Oil Refinery to Begin Operation by Q418
06/03/2018Egypt’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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International
Saudi Arabia, Egypt Announce $10 billion Investment Deal
05/03/2018Saudi 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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Governance and Policy
Morocco’s Strong Bid to Host the World Cup
05/03/2018Morocco 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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Business & Economy
Nigeria’s Trade Account Turns Positive In 2017 After Recession
05/03/2018Nigeria’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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