Ghana, Dubai Boost Trade To $5 Billion
27/01/2015The Dubai Chamber of Commerce and Industry has set an ambitious target to increase trade between Ghana and Dubai to $5 billion in the next five years. Currently, the volume.
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Africa
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India’s Sage Capital targets $1b fund in GCC, Africa
11/01/2015India based Private equity firm, Sage Capital said it is currently working with reputed institutional investors from across the world to launch a $1 billion fund which will seek to.
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Africa
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Investors Injected $6B In Nigeria’s ICT Sector In Three Years – Minister
17/12/2014Nigeria’s telecommunications, one of the fastest growing sector in the west African country, attracted over $6 billion in foreign direct investments (FDI) over the last three years, the country’s communication.
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Nigerian Banks Raised U.S.$2.5 Billion to Fund Acquisition of Shell Oil Blocks
17/12/2014The Managing Director and Chief Executive Officer of Fidelity Bank Plc, Mr. Nnamdi Okonkwo, has stated that his bank and some other Nigerian banks accounted for about $2.5 billion used.
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Business & Economy
Kenya Cuts Maximum Retail Prices Of Oil
14/12/2014Kenya’s Energy Regulatory Commission cut the maximum retail prices of petroleum products on Sunday. Kenya’s Energy Regulatory Commission cut the maximum retail prices of petroleum. PHOTO: mexicoinstitute This was because.
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Business & Economy
FOREX Africa: How Will Oil Price Collapse Affect Africa’s Big Three Economies?
14/12/2014As 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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Business & Economy
GE and Heirs Holdings Partner to expand footprint in the Oil And Gas Services Sector
04/12/2014General Electric (GE) and Heirs Holdings (HH) have agreed to expand their existing relationship to jointly pursue opportunities in Nigeria’s Oil and Gas industry. Having identified enormous opportunities in the.
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Business & Economy
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$500M E-Commerce Platforms Emerge in Africa, Middle East
04/12/2014While 140 million Americans were shopping over this Black Friday holiday here, millions more were shopping online on two huge retailers whose names you’ve probably never heard of: Jumia, headquartered.
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Africa
Business & Economy
President Goodluck Jonathan Hosts CEOs Of The Top 100 Businesses In Nigeria
02/12/2014President Jonathan yesterday Nov. 1st hosted the Chairmen and CEOs of the Top 100 businesses in Nigeria at the Banquet Hall of the Presidential Villa, Abuja. The CEOs and their.
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Business & Economy
Ex-Im Bank Finishes Fiscal Year Strong, Providing over $5 Billion to Finance U.S. Small Business Exports and Supporting over 160,000 American Jobs
23/11/2014Washington, D.C. – The Export-Import Bank today unveiled its total authorizations and the value of the U.S. exports it supported in Fiscal Year 2014, including its strong support for small.
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