Most Recent News

South Africa Considering Nuclear Energy

South Africa will consider adding nuclear power capacity in an affordable way as part of its long-term plans, Energy Minister Gwede Mantashe said on Tuesday. President Cyril Ramaphosa put on.

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Egypt’s Central Bank To Cut Interest Rates

Egypt’s central bank is expected to cut key interest rates by around 5 percent until the end of 2020, a chief economist said on Tuesday. But its next gathering could.

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Ghanian President to Take Part In Russia-Africa Summit

President Nana Akufo-Addo has accepted the invitation of President Vladimir Putin to take part in the first Russia-Africa summit due in the Russian Black Sea resort of Sochi in October,.

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Liberian Retail Banking Giants to attend Invest in Africa Summit

Leading Liberian retail banking and infrastructural financing giants, Liberian Bank for Development and Investment will be participating in the Invest in Africa Summit. The bank which is majorly involved in.

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Emerging Markets To Bounce Back After Trade War

Battered emerging market currencies will eventually bounce back from their beating in the past week on worries about the U.S.-led trade war, but risks remain for currencies of commodity exporters.

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MTN Raises $140.24 Million From Asset Sales

MTN Group Ltd has raised 2.1 billion rand ($140.24 million) from asset sales as part of a divestment plan announced in March, Africa’s largest mobile network by subscribers said on.

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Standard Bank Considers New Markets

Africa’s largest bank by assets, Standard Bank, is considering entering new markets – possibly via acquisitions – as its strategy to focus its resources on the continent continues to pay.

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US Trade Rep And AU Commissioner for Trade & Industry Sign Trade Pact

Deputy United States Trade Representative C.J. Mahoney and African Union Commission Commissioner for Trade and Industry Albert Muchanga signed a joint statement concerning trade between the United States and the.

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