Most Recent World News

President Buhari Presents $28.16B Budget to Grow Economy 2018

Nigerian President Muhammadu Buhari on Tuesday presented the 2018 budget of 8.6 Trillion Naira ($28.16 Billion) to advance the growth of the country’s economy. The federal government says the 2018 budget.

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Ethiopian Airlines Increase Flight Rates

The Continent’s largest airline group, Ethiopian Airlines has recently increased its weekly flight rates to the Central African cities of Yaounde and Libreville the Gabonese capital using its latest environmentally.

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Norwegian Fertilizer Company to build $2B gas-fired PlantInvest in Mozambique

Yara International, a Norwegian fertilizer company is considering building a $2 billion gas-fired plant in Mozambique. The chief executive said. According to the CEO Svein Tore Holsether, The fertilizer producing.

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South Africa’s Implat Platinum Production Drops Due to Maintenance Expenses

South Africa’s platinum company, Implats (Impala platinum) on Tuesday said that the reduction in the production of platinum was due to a stock buildup coupled with the scheduled furnace maintenance.

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West African Presidents to Create Future Currency by 2020

Four West African presidents have recently disclosed their plans to create a future currency that would replace the dominant CFA Franc in the 15-country ECOWAS bloc by 2020. According to.

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South Africa: Spire Healthcare Rejects 1.2 billion pounds Ownership Proposal from Mediclinic

Spire healthcare has recently rejected a 1.2 billion pounds proposal from South African private hospitals operator Mediclinic International which will give it full control of Spire Healthcare. The healthcare company.

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Clinton Warns Britain against Prospect Trade Deal

Former secretary of the united states Hillary Clinton has warned the British government against its plan to secure a trade deal with U.S. President Donald Trump. Clinton made this statement.

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Gabon Launches $300 Million Ports Harbor

Gabon 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

The 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

President 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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