Most Recent World News

America To Support Nigeria’s SMES Sector

  The United State Government has once more expressed its readiness to partner with the Nigerian Government in strengthening her Small and Medium Enterprise Industry for global competiveness. The US.

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South African Billionaire And Shoprite Owner Eyes Britain’s Struggling Supermarket Industry

South African billionaire Christo Wiese, who owns Africa’s largest retailer, Shoprite, is eyeing acquisitions in Britain’s struggling supermarket industry for possible acquisitions, The Telegraph reported. Earlier this year, Wiese, 73,.

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Kenya Airways get $200 million bridging loan

Kenya has provided a $40 million loan to loss-making Kenya Airways, the country’s finance minister said, while African Export-Import Bank (Afreximbank) has approved a $200 million bridging loan for the.

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Akinwumi Adesina Assumes Office As 8th President of the African Development Bank Group (AfDB)

“We must light up and power Africa – as a Bank we will launch a new deal on energy for Africa” Former Nigerian Agriculture Minister Akinwumi Adesina formally assumed office.

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Donald Kaberuka Steps Down After 10 Years As President of the African Development Bank (AfDB)

Monday, August 31 is the last full day in office for Donald Kaberuka, who steps down after 10 years as President of the African Development Bank. Speaking to Bank staff.

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China signs deal worth $4.3bn (£2.8bn) with Africa’s richest man, Aliko Dangote

A Chinese state-owned engineering company has signed a deal worth $4.3bn (£2.8bn) to build factories for a Nigerian cement company run by Africa’s richest man, Aliko Dangote. China’s Sinoma will.

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Nairobi’s robust economic growth can extend throughout sub-Saharan Africa with this plan

At a time when population growth is slowing across the globe, sub-Saharan Af­rica’s (SSA) population will more than double to two billion by 2050. The vast majority of this population.

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Uganda’s economy on the edge

“That is a concern” was a phrase repeatedly said by the chief executive officer of Stanbic Bank at an investor briefing in reference to the current status of Uganda’s fragile.

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South Africa’s Currency at All-Time Low For The First Time In 14 Years

South Africa’s rand weakened to breach R13 per dollar for the first time in almost 14 years. The currency of Africa’s most-industrialised economy tumbled to the lowest level since December.

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INVESTING IN AFRICA’S AGRICULTURE IS THE NEXT BEST THING

Investors are being encouraged to look at adding agriculture into their portfolios as we witness significant declines in oil and commodity export returns. Over 60 per cent of the world’s.

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