Ghana limits dollar transactions to protect cedi
10/02/2014The cedi has lost almost a quarter of its value over the past year Ghana has defended its decision to limit foreign exchange withdrawals in a bid to halt the.
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Bill Gates steped down as Chairman of Microsoft while Satya Nadella Named New CEO
04/02/2014Microsoft has announced the appointment of Satya Nadella as its new CEO, in a series of internal top level movement that also sees founder Bill Gates step down as Chairman..
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A Continent Of Contrasts – Wealth In Africa
16/01/2014Despite the international media’s tendency to speak in sweeping statements about the landmass called Africa, it is as economically diverse as it is geographically and culturally varied. The historical discourse.
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Business & Economy
Dangote To Complete 5 Cement Plants Across Africa
13/01/2014AFRICA- Africa’s leading cement producer, Dangote cement has revealed that it will complete five cement plants spread across five African countries this year. The plants, which are at various stages.
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Business & Economy
Angola’s Personal Wealth Growth Surges 527%
08/01/2014The growth in personal wealth in Angola, one of Africa’s top five fastest-growing economies, has surged 527 percent in the past 13 years, making the county the top performer in.
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Egyptian Business Tycoo And Politician Naguib Sawiris To Invest $1bn In Egypt Next Year
12/12/2013Egyptian business tycoon and head of Orascom Development Holding, Naguib Sawiris has disclosed plans to invest $1 billion in key economic sectors in Q1 of 2014. Sawiris who was speaking.
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Ecobank, Proparco Sign $50m Deal To Improve Banking Network
04/12/2013Ecobank Transnational Incorporated (ETI), the holding company of Ecobank Group, has signed a $50 million loan agreement with French development institution Proparco for 10 years, to support the growth of.
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Business & Economy
Dismantling Inter-Border Trade Barriers Could Earn Africa $20bn – World Bank
03/12/2013If African leaders can draft an accord aimed at taking down current cross-border trade hurdles in sub-Saharan Africa, the continent will earn an additional $20 billion in annual earnings, according.
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South Africa’s second-largest bank, FirstRand is keen on establishing a retail banking business in Nigeria
15/11/2013South Africa’s second-largest bank, FirstRand is keen on establishing a retail banking business in Nigeria and has earmarked Keystone and Mainstreet Banks for potential buy-outs, according to report. Following an.
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Business & Economy
Etisalat Nigeria CEO Resigns After 5 Years
13/11/2013ETISALAT Nigeria Chief Executive Officer, Steven Evans, resigned last month and returned to the U.K. after leading the telecoms company for five years, the company said. Evans was appointed CEO.
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