Emerging economies continuously need Foreign Direct Investment (FDI) for sustainable growth and development, with governments having recognized the importance of flow of financial capital in economies of countries, now making.
Sudanese mobile communications tycoon Mo Ibrahim says Africa must prioritize regional integration. STORY HIGHLIGHTS Mo Ibrahim says Africa has become a kind of “it-continent” However, Africa is still a.
Bharti Enterprises founder and Chairman, Sunil Bharti Mittal has promised to invest $1 billion annually in its African operations over the next few years. Mittal, a co-chair at the on-going.
Kenya and Nigeria have signed three agreements and four memoranda of understanding aimed at promoting trade between the two countries. The agreements were on trade and agricultural cooperation which lay.
US has just announced that it has invited over 47 African leaders to Washington for a US-Africa Summit. The summit is going to focus on trade. It comes up as.
The Nigerian National Petroleum Corporation (NNPC) has awarded yearly crude oil lifting term contracts for 2014/2015 of about $40 billion to mostly Nigerian companies comprising Aiteo, Taleveras, Barbedos and others,.
Africans in the Diaspora are charged twice the global average in taxes to send money to relatives back home, a recent study has revealed. Africans face the highest remittance fees.
The economy remains under pressure with companies reportedly laying off workers or shutting down, unemployment and inflation rising while the government looks seemingly clueless on how to deal with such.
Leading Nigerian financial institution, Guaranty Trust Bank (GTBank) has announced plans to expand its operations in Africa over a three-year period. The bank, which recently acquired a 70 percent stake.
Washington, DC – Fred P. Hochberg, chairman and president of the Export-Import Bank of the United States (Ex-Im Bank), and Admassu Tadesse, president and chief executive of the Eastern and.
