Most Recent World News

KENYA’S SHILLING EASES AS STOCKS CLOSE HIGHER

The Kenyan shilling has recently eased due to increased dollar demand from companies across all sectors to meet their obligations before they close for the holidays, while stocks have risen..

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CHINESE COMPANY SIGNS 10-YEAR DEAL TO BUY OIL FROM ANGOLA

  China’s state-run company, Sinochem Group, has recently signed a deal with Angolan state-owned oil producer Sonangol to buy crude oil for a period of 10 years. The agreement which.

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ITALY TO INCREASE INVESTMENTS IN ETHIOPIA’S INDUSTRY, INFRASTRUCTURE DEVELOPMENT

Italian Ambassador to Ethiopia, Giuseppe Mistrettahas recently said, in an exclusive interview with Ethiopian News Agency, that his country is keen to increase Italian investment in Ethiopia particularly in the.

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South Africa’s Rand Recovers as Gordhan Takes Over

Following the appointment of the widely respected Finance Minister, Pravin Gordhan, South Africa’s rand has recently extended its rally from the previous session, firming to well below the 15 rand.

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NIGERIA: EGBIN POWER PLANS TO DOUBLE GENERATING CAPACITY

As part of efforts to boost power supply in Nigeria, the country’s biggest power company Egbin Power Plc plans to double its generation capacity to 2,640 megawatts (MW) over the.

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South Africa’s Rand Recovers as Gordhan Takes Over

Following the appointment of the widely respected Finance Minister, Pravin Gordhan, South Africa’s rand has recently extended its rally from the previous session, firming to well below the 15 rand.

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AfDB approves $1.5 billion loan to Egypt

The African Development Bank (AfDB) has approved a $1.5 billion loan to Egypt to be paid out over three years, International Cooperation Minister Sahar Nasr has said. According to Nasr,.

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New Cable to Take Internet Connection to Inaccessible African Countries

Liquid Sea, a subsidiary of Liquid Telkom, leading Fiber Optics Company in Sub-Saharan Africa, is set to take internet connection to landlocked countries in Eastern, Central and Southern Africa with.

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MTN Signs Irish Deal to Boost Customer Service

Leading Telecommunications Company MTN has recently signed a deal with the Irish Digital Skills Academy in South Africa, geared towards upgrading staff skills in order to deliver a more efficient.

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US, Nigeria Celebrate Years of Exchanges

The United States has recently hosted a special reception to celebrate the impact of the anniversary of cultural, educational, and professional exchanges that the United States has enjoyed with Nigeria.

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