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MTN To Float On Nigeria’s Stock Exhange

MTN Nigeria announced plans to float its stock in Lagos on Thursday in a deal valued at $6 billion, following the South African telecoms group’s agreement with Nigerian regulators to.

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Somalia To Grow By 3% In 2019.

Somalia’s economy continues to recover, with growth expected to strengthen to 3% in 2019 from 2.8% last year, while inflation could ease to 3% from 3.2% over the same period,.

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Anadarko Signs Deal With Jera, CPC Corp

US oil giants, Anadarko Petroleum Corp, has said on Monday that a unit it jointly owns which markets gas from Mozambique has signed a long-term deal to supply liquefied natural.

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Kenya Secures $666 Million Chinese Funding

Kenya has secured 67.5-billion shillings ($666-million) in funding from China to build a data centre in a tech city currently under construction and a highway in Nairobi, the president’s office.

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Pick n Pay Reports 18% Profit

South African retail giants Pick n Pay Stores Ltd has reported an 18 percent jump in full-year earnings, as price cuts helped it attract highly cost-conscious shoppers and cope with.

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MTN Goes Public Before Listing

South African telecoms firm MTN has converted its Nigerian unit into a public company before its planned listing on the Nigerian bourse in the first half of the year. MTN.

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Kachikwu Discusses Deal With Aramco

Nigerian Oil Minister Emmanuel Kachikwu and the president of Saudi Aramco have discussed investment options in the mid and downstream sector, Nigeria’s petroleum ministry said on Wednesday in a tweet..

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MASCOM To Raise $300 Million

In what is expected to be the biggest flotations on the Gaborone bourse, billionaire businessman and founder of the Econet Wireless Group, Strive Masiyiwa, plans to list a part of.

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THE 3RD INVEST IN AFRICA SUMMIT – LONDON 2019

LOCATION: London, United Kingdom DATE: September 19th, 2019. THEME: Intra-African Trade: Beyond Rhetoric and Political Commitments RATIONALE The debate on the benefits of intra-African trade has indeed been prominent in.

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Moody Upgrades Egypt’s Bonds

Rating agency Moody’s has upgraded Egypt’s sovereign rating, saying ongoing economic reforms will help improve its fiscal position and boost economic growth. Moody’s upgraded the long-term foreign and local currency.

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