Lebanese investments in Egypt to reach $5bln by 2018 end
13/11/2018The Lebanese volume investments in Egypt would reach $ 5 billion by the end of the current year, according to the Vice Chairman of the Joint Egyptian- Lebanese Business Council,.
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Most Recent World News
Africa
Business & Economy
N-Power to accommodate 1m beneficiaries – Yemi Osinbajo
13/11/2018The N-Power programme of the Buhari-led administration will be expanded to accommodate one million beneficiaries in the next phase, Vice-President, Prof. Yemi Osinbajo says. Osinbajo said this in a statement.
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Business & Economy
Development Stories
COCOBOD to Receive US$600M AfDB Loan Facility
13/11/2018Ghana’s Cocoa Board (COCOBOD) is set to receive a US$600 million loan facility from the African Development Bank (AfDB), the bank’s president, Akinwuni Adesina, has revealed. Speaking to reporters on.
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Business & Economy
Intelsat, Vodacom Mozambique invests in tourism industry
13/11/2018Intelsat S.A., operator of the world’s first Globalized Network and provider of integrated satellite solutions, has announced that Vodacom Mozambique has signed an agreement for a satellite solution that will.
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Business & Economy
AfDB and European Bank for Reconstruction and Development invest €150 million in Tunisia
13/11/2018The president of the African Development Bank (AfDB) Akinwumi Adesina, and the president of the European Bank for Reconstruction and Development Suma Chakrabarti met during the Africa Investment Forum (AIF).
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Business & Economy
Global Reporting Initiative appoints Nigeria’s Bekeme Olowola as board member
13/11/2018Global Reporting Initiative (GRI), the world’s sustainability impact measurement and reporting standards body, based in Amsterdam, has appointed Bekeme Olowola, Founder and Chief Executive of CSR-in-Action, headquartered in Nigeria, as.
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Business & Economy
Ecobank, Red Cross partner in digital fund raising initiatives across Africa
13/11/2018Ecobank and the International Federation of Red Cross and Red Crescent Societies (IFRC) have signed an agreement to work closely together to empower local communities to cope with disasters more.
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Business & Economy
Afreximbank grants € 30 Million facility to CDC Gabon to support operators at Special Economic Zone
13/11/2018The African Export-Import Bank (Afreximbank) has signed an agreement granting an EUR 30 million revolving trade financing facility to Caisse des Dépôts et Consignations du Gabon (CDC Gabon) to support.
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Business & Economy
Vantage backed companies win prestigious awards
13/11/2018Vumatel and Tsebo, two companies funded by Vantage Capital, were recognized as the best medium-size and large-size private equity-backed South African growth champions respectively, at the inaugural South African Private.
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Business & Economy
Central Bank of Kenya transfers Khs. 800M from General Reserve Fund to Government Consolidate Fund
13/11/2018The Central Bank of Kenya (CBK) announced that it has transferred to the Government Consolidated Fund Ksh.800 million as a distribution from CBKs General Reserve Fund (GRF) as at end.
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