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China’s dominance draws Europe, US closer to Nigeria, Africa

Following China’s almost complete takeover of investment opportunities in Africa, major European nations; France, the United Kingdom (UK) and Germany, including the United States of America are now in the.

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Safaricom faces $4.5m fine for failing to connect small firms

Kenya’s biggest telecoms operator Safaricom faces a fine of around $4.5-million for failing to connect calls made to smaller firms, according to company and regulatory documents reviewed by Reuters. The.

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FOCAC brings bright future for China and Africa: President Julius Maada Bio

Amid rising global trade protectionism, the 2018 Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) shows China’s determination to promote fair international trade, which will significantly benefit African countries,.

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Ghana may issue $50 bln century bond – President

Ghana may issue a 100-year $50 billion bond as part of the West African nation’s long-term industrialisation plan aimed at weaning the country off aid, its president said at a.

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President Ramaphosa’s remarks at China-Africa Dialogue in Beijing

CHINA-AFRICA HIGH LEVEL DIALOGUE WITH BUSINESS REPRESENTATIVES FORUM ON CHINA-AFRICA COOPERATION 03 SEPTEMBER 2018 BEIJING, CHINA Your Excellency Xi Jinping, President of the People’s Republic of China, Your Excellency Paul.

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Egypt, China sign 3 contracts at $1 bn investment

On the sidelines of President Abdel Fattah al-Sisi’s visit to China, three contracts were signed on Sunday evening with large Chinese companies for investments around US $1 billion, to be.

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Kenyan Multi-Millionaire Industrialist Chris Kirubi Sells BIC Franchise

Haco Industries, the fast moving consumer goods manufacturer owned by Kenyan businessman Chris Kirubi, has relinquished its manufacturing and distribution rights of BIC stationery and personal care products to French.

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Nigerian Oil Tycoon Tonye Cole Joins Politics

Tonye Cole, a Nigerian multi-millionaire and co-founder of Sahara Group, has resigned from the board of directors of the company to attempt to build a political career. The board of.

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