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,.
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.
“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.
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.
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.
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.
“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.
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.
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.
Kenya Power has signed a 70-megawatt power purchase agreement (PPA) with a company that is partly funded by US President Barack Obama’s Power Africa initiative, boosting the country’s goal of adding.
