Congo Dr to Issue Bond Of $500 Million In 2016
22/12/2015As part of efforts to raise financing of investment project in the country, the Democratic Republic of Congo has recently announced that it will tap into the international debt markets.
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CANADA GRANTS 30 MILLION USD FOR ETHIOPIA’S EFFORTS OF MITIGATING EL-NINO
21/12/2015Canada has granted 30 million USD to Ethiopia for the efforts of mitigating the El-Nino induced drought, the Ministry of Foreign Affairs has recently said. The announcement came following the.
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ETHIOPIA PLANS 950 MW ELECTRIC POWER FROM SUGAR DEV’T PROJECTS
21/12/2015Ethiopian Sugar Corporation has plans to produce 950 megawatts of electric power from its sugar development projects by the end of GTP II peroid.Corporate Communication Directorate Director of the Corporation,.
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CFAO OPENS FIRST AFRICAN MALL IN IVORY COAST
21/12/2015As part of a major drive to tap into the growth of Africa’s middle classes, French distribution group Comptoir Francais de l’Afrique de l’Ouest (CFAO), has recently opened its first.
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NIGERIA: CBN RESTRICTS THE USE OF NAIRA CARDS ABROAD
21/12/2015In a bid to restore Nigeria’s foreign exchange market, the Central Bank of Nigeria has recently issued another circular to banks in the country, further restricting the use of naira.
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BURKINA FASO LIFTS EXPORT SUSPENSION ON TAMBAO MANGANESE MINE
21/12/2015The General Manager of Pan African Minerals (PAM) has recently announced that the Burkina Faso transitional government has lifted the suspension of the company’s manganese export license, which was imposed.
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MTN SOUTH AFRICA TO CHALLENGE NIGERIA FINE IN COURT
18/12/2015South Africa-owned leading telecommunication company MTN, has recently decide to take the legal route as part of efforts to see that the fine imposed on its Nigeria subsidiary is reviewed..
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KENYA’S SHILLING EASES AS STOCKS CLOSE HIGHER
17/12/2015The 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
17/12/2015China’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
17/12/2015Italian 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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