Most Recent World News

Morocco Strengthens Bilateral Ties with Four Countries

· Morocco and Japan pledged to strengthen bilateral relations in transport field. · India seeks collaboration between Moroccan and Indian departments in charge of housing sector. Morocco begins the year.

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ZIMBABWE: BAZ APPROVES THE ACCEPTANCE OF 99-YEAR LEASES

The Bankers Association of Zimbabwe (BAZ) said on Friday it will now accept 99-year leases that were given to resettled farmers by Government as collateral for bank loans. Since Zimbabwe.

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World Bank Approves $1.15B Loan to Support Economic Reform Programs in Egypt

· World Bank has approved $1.15 billion development policy loan for Egypt to support the country’s economic reform programs. · The World Bank issued a total of $3.15 billion loans.

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Sierra Leone Sells 709-carat ‘Peace diamond’ at a New York auction for $6.5M

· A group of miners in Sierra Leone in March 2017 discovered the biggest diamond in the country’s history and the 14th largest ever found in the world, a 709-carat.

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Zimbabwe’s President Dissolves Cabinet, Appoints Acting Finance Minister

· Zimbabwe’s newly appointed president, Emmerson Mnangagwa dissolves Mugabe’s Cabinet. · Appointed president on Monday named Patrick Chinamasa as acting finance minister prior to the appointment of a new cabinet..

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Kenya Airways Pays off Debts, Expected to Move into Positive Territory

Kenya Airways has recently initiated a turnaround plan to pay off its $2 billion debt after incurring heavy losses. The airline company is also set to brief investors on the.

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Rwanda to Invest $50 Million on Renewable Energy

· $50 million to catalyse private sector’s investment in off-grid energy solutions. · To increase electricity access in the country by about 19 percent. · The fund will allow a.

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Dufil Prima Foods Aqcuires Dangote Noodles for $12M

· Dangote Noodles Limited, a subsidiary of Nigerian company Dangote Flour Mills sells plants at its Ikorodu and Calabar factories to rival pasta maker, De-United Foods Industries a subsidiary of.

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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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