The country’s net foreign reserves increase to $44.419 billion at the end of August compared with $44.315 billion in July 2018, Egypt’s central bank said on Wednesday. Egypt’s foreign reserves.
President Muhammadu Buhari on Wednesday secured the support of the Chinese President, Xi Jinping, for the building of the 3,050 megawatts Mambila hydroelectric power project. The Senior Special Assistant to.
The chair of the boards of African Bank and African Bank Holdings, Louis von Zeuner, has resigned to join the board of a company in the financial services industry. In.
African Union chairman, Rwandan President Paul Kagame has termed Chinese aid and investment strategy in Africa as “deeply transformational” and respectful of the continent’s global position. Speaking Monday at the.
A former finance minister of Nigeria and Co-Chair of the Global Commission on the Economy and Climate, Ngozi Okonjo-Iweala, says fighting climate change can add $26 million to the world.
World Bank Vice President for the Middle East and North Africa, Ferid Belhaj is in Algeria from September 5 to 6, 2018 to reaffirm the Bank’s support for the national.
Africa Energy Corp, an oil and gas company with exploration assets offshore Namibia and South Africa has announce the initial drilling of the Cormorant-1 well on Petroleum Exploration License 37.
Nigeria’s external debt commitment rose by $11.77bn in the last three years, investigation has shown. According to debt statistics obtained from the Debt Management Office, the country’s external debt rose.
Equatorial Guinea will launch a new oil and gas exploration bidding round early next year and may refuse extensions of existing licenses to oil companies unless they collectively invest a.
Senegalese leaders have long dreamed of building a new urban center amid mounting congestion and overcrowding in the capital city of Dakar. With a population that exceeds three million, the.
