Most Recent World News

PAD Opens Bureau in Bangui

The Autonomous Port of Douala (PAD) has opened an office in Bangui, the capital of the landlocked Central African Republic (CAR) which uses the facility for the bulk of its.

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European Bank Partners with Rwandan Banks to Finance SMEs

The 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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Merger and Acquisition in Africa to Hit $4.5bn in 2018

A 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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African Capital Market Growth Showcased by Increase in ECM Transactions

According 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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Nigeria’s Trade Account Turns Positive In 2017 After Recession

Nigeria’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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Nigeria’s Industry, Trade and Investment Ministry Launches NATPOR

Nigeria’s Ministry of Industry, Trade and Investment on Tuesday, 27 February 2018, launched the first edition of its Nigerian Annual Trade Policy Report (NATPOR). NATPOR, which is a yearly documentation.

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Zimbabwe Aims to Meet 20% of Global Lithium Demand

Zimbabwe aims to supply 10 percent of the world’s lithium and could reach 20 percent, the mines Minister from Africa’s top producer of the alkali metal used in batteries for.

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Kenya: Coffee Beans Ranked As the Best In The Industry

Kenya may have been grappling with low-coffee production over years but her beans still stand out as the best in the world market, according to the International Coffee Organisation (ICO)..

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Kenyan Eurobond offer Oversubscribed by $12 billion

The Kenyan government has raised a new $2 billion (Sh204 billion) Eurobond despite the International Monetary Fund (IMF) team’s cautionary call on the growing public debt, currently in the country.

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“I Do Not Seek Aid, I seek Investment For Africa” – Adesina

The President of the African Development Bank, Dr. Akinwumi Adesina has made a strong case for increased American and global investments to help unlock Africa’s Agriculture potential.   He made.

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