Egypt Reopens Closed Ports
18/01/2019Five ports were reopened in Egypt on Thursday after it had shut due to bad weather as conditions improved and winds stabilized, the Red Sea Ports Authority said. Several Egyptian.
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Most Recent World News
Business & Economy
Kenya Leads Africa’s 2019 Economic Growth
17/01/2019According to a poll conducted by the London-based news agency, Reuters, Sub-Saharan economies will cope with tighter global liquidity this year and grow faster than in 2018, albeit at a.
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Business & Economy
Bank of Mozambique Strengthens Portugal and China Banks Relations
16/01/2019The Governor of the Bank of Mozambique (GBM), Rogério Zandamela, received a delegation from the Monetary Authority of Macau (AMCM), Banco Nacional Ultramarino (BNU), Portugal, and Bank of China (BOC),.
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Business & Economy
Oil Revenue Rise, Libya Reduces Budget Deficit
16/01/2019The government of Libya budget deficit has narrowed its budget deficit to 4.6 billion dinars ($3.32 billion) in 2018 down from 10.6 billion dinars ($7.67 billion) in 2017 thanks to.
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Business & Economy
More Oil Discovery in Ghana
14/01/2019Aker Energy Ghana Ltd has announced its discovery of oil in commercial quantities at the Pecan fields in the Western region of Ghana. In what seemed to be a special.
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Business & Economy
Bank associated with President Kenyatta buys out Lender, becoming third biggest bank
13/01/2019A lender associated with the family of Kenya’s President Uhuru Kenyatta has stepped up its game as it seeks to position itself amongst the top three banks within East Africa’s.
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Business & Economy
Development Stories
Angola is set for a Reformed Diamond Industrial Sector.
11/01/2019Mining in Angola is an activity with great economic potential.The country has one of the largest and most diversified mining resources in Africa. With diamonds being the second leading export.
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Africa
Business & Economy
Trade and Investment
Massive Shake-up in Ghana’s Banking Sector
08/01/2019The Bank of Ghana (BoG) has announced that it has completed its banking sector reforms that spanned over a two-year period. The outcome of the ‘clean up’ has resulted in.
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Business & Economy
Total Updates
Trade and Investment
Ethiopia unveils an online investment guide for International Investors
08/01/2019The road to any economic development starts from creating an enabling environment for businesses to thrive. Ethiopia officially unveiled an online investment guide called IGuide. This is a platform that.
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Money & Markets
African Development Bank to provide $7.2 billion for developing the Capital Market in Africa.
05/01/2019The growth of Africa’s economic landscape is made up of different sectors. While the recent increase in commodity sales, increase request for services and increased demand for manufacturing all serve.
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