Most Recent World News

Ghana Seeks Improved Terms for IMF Bailout Program

By: Ekow Dontoh Ghana is seeking better terms for its debt-support program with the International Monetary Fund as the parties discuss an extension of the agreement beyond an April 2018 deadline,.

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South Africa’s Rand Slips after U.K. Bomb Blast

 South Africa’s rand retreated on Tuesday as a suspected bomb attack in the United Kingdom spurred investor flight to safe-haven currencies amid broad risk aversion globally. At 0640 GMT, the.

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Africa to Experience Growth from Rebound in Global Commodity Prices

It has been projected that Africa will see a lift-off in economic growth this year and next on the back of a rebound in global commodity prices, an annual report.

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Zambia’s Central Bank Cuts Benchmark Lending Rate

 Zambia’s central bank has recently cut its benchmark lending rate by 150 basis point to 12.5 percent, Governor Denny Kalyalya said on Wednesday, citing lower inflation and subdued economic growth..

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Kenya Secures Sh21.9 Billion Financial Assistance from China

  Kenya secured Sh21.9 billion financial assistance from China for infrastructure development and drought mitigation. The money includes a Sh19.2 billion grant to deepen ties between the two countries. An.

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Vodacom, Safaricom Partner to Tap Kenyan Market

South 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

By: 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

By: 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

Royal 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

Helios 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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