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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Mozambique Set to Lightup 332 Villages Before 2030
20/09/2017The government of Mozambique has proposed to increase electricity in the country through small renewable energy projects that will be given to foreign investors. Reports say the deal will attract.
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Nigeria: Lagos Airport Meets Regulatory Safety Requirement
19/09/2017Murtala Muhammed International Airport, Lagos on Monday became the first airport in Nigeria to be certified by the Nigerian Civil Aviation Authority, NCAA for meeting regulatory safety requirements. The certificate was.
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“Recovery Plan do not Include Cutting Local Routes” – SA Airways
14/09/2017South African Airways, which runs one of Africa’s biggest unprofitable fleets is currently seeking the aid of about 20 billion rand ($1.5 billion)from the government to pay off debts to.
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