Gabon Launches $300 Million Ports Harbor
16/10/2017Gabon has recently launched a $ 300 million ports harbour aimed to ease trade activities in the country. The port which took 18 months to complete, was established as an.
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Ethiopian Birr Devalued to Boost Export Earnings- NBE
11/10/2017The National Bank of Ethiopia (NBE) has announced a devaluation of the country’s currency, the birr by 15% to control inflationary pressure and to boost export earnings which had hitherto.
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ECOWAS Set to Invest in the West Africa Power Sector
09/10/2017President of the ECOWAS commission Marcel de Souza, has called on International communities, investors, and experts to invest in the Nigerian power sector in order to improve access to electricity.
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Nigeria: 2017 Infrastructure Budget to hit 440.9bln Naira
04/10/2017Nigeria plans to release the sum of 100 billion Naira for capital projects next week. Finance minister Kemi Adeosun said on Tuesday. The stipulated sum of 100 billion naira will.
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South Africa: Nasper to Buy $775 Mln Additional Stakes in Delivery Hero
28/09/2017South Africa’s e-commerce firm, Naspers plans to buy an additional 13 percent stake in online food takeaway firm Delivery Hero for $775 million. Delivery Hero is an online food delivery.
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Nigeria Holds Potential to Generate 4 Million Jobs Annually Through AGOA
28/09/2017According to Fred Oladehinde, an American business expert, Nigeria holds the potential to generate 4 Million jobs annually through AGOA by investing in the development of its Micro Small and.
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#Mauritius Tops WEF Africa Competitiveness Ranking
28/09/2017Mauritius has claimed the top spot in Africa in the Global Competitiveness report 2017/18 published by the World Economic Forum (WEF) while coming 45th globally. In the same vein, Rwanda.
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Construction Company Drags Congo Republic to Court Over $1 billion Unpaid bills.
27/09/2017Commisimpex, a construction firm has recently taken the Congo Republic to a French court for over $1 billion in unpaid bills. In the early 1980s, Commisimpex had worked on construction and.
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Botswana: Vancouver-based Company Sells Diamond worth $53 million
26/09/2017Botswana’s Lucara Diamond Corp. a diamond exploration and mining company based in Vancouver, recently sold its Lesedi La Rona diamond for $53 million, or $47,777 a karat, to Graff Diamonds,.
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Nigeria: Chinese Company Invests $600 million in the Textile industry
25/09/2017Shandong Ruyi Technology Group; a Chinese textile company, has recently signed a Memorandum of Understanding with the government of Kano state Nigeria to invest $600 million in the garment industry..
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