Nigeria Wasted $1tn Earned in Oil Booms, Says Report
20/08/2018But for the recurring wastefulness of federal government, the country could have used about $1 trillion it earned from its production and sale of crude oil in five different oil.
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Nestlé Central & West Africa Region appoints Rémy Ejel market head
20/08/2018Nestlé Central & West Africa Limited, a subsidiary of the world’s leading Food and Beverage Company, has appointed Mr. Rémy Ejel as its new Market Head. Mr. Ejel joins Nestlé.
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Business & Economy
Ivory Coast bank woes threaten to slow early cocoa purchases
20/08/2018Poor liquidity within Ivory Coast’s banking system caused by the collapse of the top cocoa producer’s largest domestic exporter risks hindering exports at the start of the upcoming main crop,.
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Business & Economy
Nairobi Securities Exchange suspends trading of Kenya’s ARM Cement
20/08/2018The Nairobi Securities Exchange said on Monday it had suspended trading of Kenya’s ARM Cement two days after it was put under administration. “The suspension in trading of the company’s.
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Business & Economy
Paints imported into Gambia contain high lead content, study
20/08/2018More than 80 percent of the paint brands included in a study analyzing lead in solvent-based paints for home use in The Gambia sold one or more paint which contained.
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Business & Economy
Egyptian bank deposits rise 6.2% in five months – CBE
19/08/2018Egyptian bank deposits rose 6.2 percent in the first five months of the year to 3.536 trillion Egyptian pounds ($186.2 billion), central bank data showed on Sunday. Deposits stood at.
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Business & Economy
Ghana backpedalling out of banking crisis
19/08/2018Ghana is backpedalling out of a banking crisis as the government takes on debt to save a troubled sector and vows to punish the executives responsible. Early in August, Ghana’s.
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Business & Economy
Yuan gains increasing popularity in Africa
19/08/2018China’s yuan has attracted more and more attention in African countries thanks to its advantages in facilitating China-Africa trade and investment, optimizing the structure of foreign exchange reserves and stabilizing.
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Business & Economy
Egypt Aims For Natural Gas Dominance In The Mediterranean
19/08/2018The natural market gas in the Eastern Mediterranean is in full ebullition – with Egypt determined to be the center of this regional marketplace. The country faces challenges, including maintaining.
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Business & Economy
Indian investors to invest 10 million dollars in Uganda
18/08/2018Two Indian investors, Riyaz Ganji and his brother an Aga Khan Ismaili entrepreneur, Javid Merchant are set to invest over $10m in pharmaceutical and textile industries. The two who recently.
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