BREAKING: South Africa Officially Out of Recession
05/09/2017South Africa – The largest economy in Africa has officially climbed out of the effect two quarters of contraction which led to a recession in June this year. According to a report.
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China Begins $5.8 Billion Hydropower Plant Project In Nigeria
31/08/2017All is now set to commence the building of a new hydropower station by the China Civil Engineering Corporation in the eastern Mambilla region of Nigeria. The project worth $5.8.
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Zambia: Glencore MCM Contests Increase in Electricity Tariffs
28/08/2017Zambian President Edgar Lungu has told Glencore’s Mopani Copper Mines (MCM) unit to accept the increase in the price of electricity caused by the removal of state energy subsidies, his.
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“Africa Holds Greatest Agricultural Potential” – Holsether
28/08/2017Africa holds 65% world’s arable land, 10% fresh water – UNEP (United Nations Environment Programme) Also, Svein Tore Holsether, President, and Chief Executive Officer of Yara International and agro-allied company.
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Madagascar: Vanilla Beans Breeds Lucrative Environment
24/08/2017Madagascar records an increase in the vanilla beans as well as the demand for the product. Madagascar produces 80% of the world’s vanilla, but demand has outstripped supply. Speculation has.
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Nigerian Startup Invests $135 Million in Commodities Exchange
22/08/2017A Nigerian startup has taken advantage of the government’s effort to boost farming output to reduce reliance on oil by developing the first agricultural commodities exchange in Nigeria. The.
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South African Investment Company Sell Off Media Stakes to Regain Credibility
21/08/2017Oakbay, a South African investment company owned by Gupta brothers, business friends of President Jacob Zuma on Monday announced its intention to sell off its media stakes in order to.
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Ghana: Global Business Icons Slated at Ghana International Investment Forum
18/08/2017Ghana’s three-day international investment forum is confirmed to have top global business icons in participation. The Investment forum commences on Sunday according to a statement by the Ghana Investments Promotions.
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Egypt Consumer Price Inflation Moves from 29.8% to 33.0%
17/08/2017Egypt has experienced an increase in its annual urban consumer price inflation in July. The annual urban consumer price inflation catapulted from 29.8 percent in June to 33.0 percent in.
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Business & Economy
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AFDB to Promote Agribusiness for the African Youth
16/08/2017The African Development Bank has recently pledged its support to young agriculturist across the region. Principal Agricultural Economist Mr. Edson Mpyisi disclosed the AFDB’s plans to set up a fund.
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