Vodacom, Safaricom Partner to Tap Kenyan Market
15/05/2017South Africa’s Vodacom said on Monday it will buy a 35 percent stake in Safaricom from its parent company Vodafone for 34.6 billion rand ($2.59 billion), expanding its reach into.
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South Africa Rand Gains as Dollar Slides
10/05/2017By: Mfuneko Toyana South Africa’s rand strengthened on Wednesday following two consecutive days of losses, helped by firmer precious metals prices and a slip in the dollar after U.S. President.
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South Africa Rand falls Close to 1month low as Euro Optimism Spreads
09/05/2017By: Mfuneko Toyana South Africa’s rand extended losses, nearing its weakest level in a month as demand for riskier currencies, as well as gold and other safe-haven commodities, waned following.
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Kenya: Private Investors Support Healthcare Transformation Cause
02/05/2017Royal Philips today announced its full support for a new Government of Kenya and United Nations (UN) initiative aimed at strengthening primary and community healthcare in Africa. The leading health.
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EMERGING AFRICA INFRASTRUCTURE FUND ANCHORS US$600 MILLION BOND ISSUE BY LEADING TELCO TOWER OPERATOR HELIOS TOWERS AFRICA
02/05/2017Helios Towers Africa (HTA), a leading telecommunications infrastructure and power operator in Africa, is set for expansion following a successful US$600 million, five-year-term, bond issue, supported by the Emerging Africa.
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Nigeria: New Naira Investor Rate Eases for Second Day
27/04/2017By Oludare Mayowa and Chijioke Ohuocha The value of Nigeria’s latest naira exchange rate, set specifically for portfolio investors, eased for a second straight day on Wednesday even as the.
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Gold Slips to Two-week Low on Improved Risk Appetite; Equities Rally
26/04/2017By: Sethuraman N R Gold fell to a two-week low Wednesday, as investors opted for riskier assets such as equities on renewed optimism over the U.S. economy and as political.
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AFIG Funds to sponsor Africa’s Largest Private Equity Gathering
05/04/2017In Africa, SMEs accounts for about 50 percent of job creation and 33 percent of gross domestic product (GDP), the sector has a funding gap of more than $140.
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Fiscal Policy Remains Unchanged after Cabinet Reshuffle- South Africa’s Zuma
04/04/2017South Africa’s President Jacob Zuma said on Tuesday the country’s fiscal policy would remain unchanged after his cabinet reshuffle and that his ministers would reach out to international investors.
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Nigeria’s central bank to offer $100 mln in forwards -traders
30/03/2017Nigeria’s central bank to offer $100 mln in forwards -traders Nigeria’s central bank will offer $100 million in currency forwards on Thursday to be settled within 60 days, traders.
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