South African telecoms giant MTN on Wednesday denied an allegation that it had illegally repatriated $13.92 billion from Nigeria, saying the claim was without merit. Lawmakers in the upper house.
By Lin Noueihed Egypt hopes to attract $10 billion in foreign direct investment (FDI) next year and will automate the process of establishing a company, its investment chief said, highlighting.
Mr Zandere Campos, the Chairman and Chief Executive Officer of ABO Capital, an international investment firm headquartered in Angola, in this exclusive interview with Eruke Ojuederie of the African.
By Aaron Maasho South Korea’s Kia Motors Corp signed a deal with a local company on Thursday to start assembling cars in Ethiopia and is thinking of similar operations elsewhere.
More than $1 billion in debt and financing commitments from U.S. agencies and private investors is set to be announced on Wednesday for U.S. President Barack Obama’s signature Africa.
African governments in the grip of Eurobond fever should look closer to home to secure financing vital to their economic development as borrowing costs on international debt markets rise, the.
By Chijioke Ohuocha and Alexis Akwagyiram LAGOS (Reuters) – Nigeria’s central bank should lower interest rates so that the government can borrow domestically to boost the economy, which is stuck.
By David Lawder The president of Mozambique on Thursday pledged to work with the International Monetary Fund on the terms of an international audit of its public debt, the IMF.
Zimbabwe’s government said it had dropped plans to cut public sector jobs and bonuses less than a week after they were announced, as activists called for more protests against economic.
By Chika Oduah Nigeria has a growing technology scene full of ambitious young entrepreneurs who are seeking out solutions to various social challenges. There is Angel Adelaja, the CEO.
