Kenya to Cut External, fiscal deficits
18/01/2016In a bid to steady the economy which is expected to grow 6.1 percent in 2016, Kenya’s Finance Minister has recently announced that the government wants to trim ballooning budget.
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Nigeria: FG Approves $200 Million World Bank Loan for Lagos Projects
18/01/2016Nigeria’s government has recently approved a $200 million loan from a World Bank agency to develop infrastructure in Lagos state, its commercial hub, According to the minister for works, power.
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Nigeria: Kogi Govt. Gets N150m Agric. Devt. Programme
18/01/2016The World Bank-assisted Fadama III Additional Financing project has recently said that it has designed a N150 million agricultural development programme for Kogi under FADAMA III programme. The project’s Task.
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A New African Invention Prevents Death By Car Accident!
13/01/2016By Ehis Ayere ehis@old.africanleadership.co.uk Samuel Adewumi, an award-winning Nigerian inventor, has recently introduced a new technology called FIRE-Boss Automatic Extinguisher designed to automatically help forestall fire outbreaks resulting from car.
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AfDB, Nigeria To Spend US $300m For Empowerment Of Youths In Agribusiness
11/01/2016In a bid to provide employment for Nigerian youths, the African Development Bank (AfDB) and the Nigerian Ministry of Agriculture have recently disclosed a joint plan to spend about US.
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South Africa: President Zuma Plays Racist Card In Political Rally
11/01/2016South Africa’s private sector must change faster to give blacks a larger stake in business, President Jacob Zuma has recently told a rally, urging the ruling party to help create.
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Egyptian Pound Steady at Forex sale and on Black Market
11/01/2016Egypt’s central bank kept the pound steady against the dollar at its official foreign currency auction on Sunday, and the currency held steady on the black market as well.
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Gabon Signs $200mln Loan Accords on Two Infrastructure Projects
11/01/2016Gabon has recently signed agreements with the Development Bank of Central African States (BDEAC) for loans on two major infrastructure projects totaling more than $200 million. The accords, which were.
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Electricity in Rural East Africa Has Come to Stay
11/01/2016In the light of various challenges faced by Tanzania as regards the electrification of the country, and the assertions by analysts that this project would not see the light of.
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South Africa’s Rand Gains with Economic Risks
11/01/2016South Africa’s rand has recently recovered against the dollar after hitting record lows in the previous session, but remained vulnerable to concerns about the local economy and that of China..
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