Most Recent World News

Nigerian 2nd Richest Man, Mike Adenuga To Buy Majority Stake In Ivory Coast’s Nationalised Telecom

Mike Adenuga, Nigerian billionaire and owner of one of Africa’s largest telecommunications, may be close to extending his telecom business to Ivory Coast as the government of the Francophone African.

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Opinion: Is Coal Worth More To South Africa Than Gold?

 The gold sector wage negotiations have taken centre stage in mining circles this week, detracting attention from the upcoming coal sector talks scheduled to start on July 2. According to this.

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FOREX Africa: The Currency Devaluation Wind In Nigeria Is Too Strong

As a frontier market, the countries of Africa represent both tremendous opportunities and tremendous risks. On the risk side of the ledger are all the usual complications of international trade.

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Africa’s Richest Woman Injects $220 Million Into Portuguese Power Solutions Company

Africa’s richest woman Isabel dos Santos has reportedly completed the acquisition of a 65% stake in Efacec Power Solutions after signing a sale contract for more than $220 million. Santos,.

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Meet This African-American 11-Year-Old Super Business Girl CEO And Entrepreneur

Detroit’s Asia Newson is just 11 years old, but she speaks with the confidence and articulation of a well-seasoned saleswoman. That’s because she’s been running her own company, Super Business.

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Dangote Group & 6 Foreign Companies to Begin Mining Coal, Gold and other Minerals this Year

The Nigeria Mining Cadastre Office (MCO) says that Dangote Group and six foreign companies are currently raising funds from the capital market to begin full-scale mining this year. Mohammed Amate,.

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Ethiopia: Largest Country In The World Without A Stock Exchange

Ethiopia, population 88 million, is the largest country in the world without a stock exchange, according to Sreepada Hegde, a lecturer at Ethiopia’s Madawalabu University. Frontier market investors with a focus.

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Kenya Among the Fastest Growing Economies in Africa – World Bank

Buoyed by falling oil prices, Kenya’s growth is projected to rise from 5.4 percent in 2014 to 6-7 percent over the next three years (2015-2017), making it one of the.

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South Africa is bracing for economic backlash from xenophobic attacks

Johannesburg (AFP) – A wave of xenophobic attacks in South Africa could provoke reprisals from neighbouring countries, raising concerns among South African business leaders and officials that the violence against foreigners.

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Hilton Worldwide Signs Agreement for First Hotel in Swaziland, Africa

Mbabane & McLean, VA, 22 June 2015 -/African Media Agency (AMA)/-Hilton Worldwide (NYSE: HLT), the world’s fastest-growing hospitality company, today announced the signing of a management agreement with the Swaziland.

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