South Africa’s Unemployment Falls To 26.5 Pct in Q4 2016
15/02/2017South Africa’s unemployment rate in the fourth quarter of last year retreated from its highest in 13 years as key sectors hired more workers, a further sign of recovery in.
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Egypt Making Good Progress in IMF Programme, Lagarde Says
14/02/2017Egypt is making good progress in its $12 billion loan programme with the International Monetary Fund and its currency may be stabilising after plunging to record lows, IMF Managing Director.
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Automakers Seen Investing $615 Mln in South Africa This Year: NAAMSA
13/02/2017South Africa’s automotive sector capital expenditure is projected to rise to 8.2 billion rand ($615 million) this year from 6.4 billion rand in 2016, the auto industry body said in.
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Mali’s Estimated Gold Reserves Climb To 822 T – Mines Ministry
10/02/2017New discoveries by mining companies have increased Mali’s estimated gold reserves to 822 tonnes, or around 16 years of output at current production levels, the West African nation’s mines ministry.
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Nigeria Parliament Approves Plan to Sell $1 Billion Eurobond
08/02/2017Nigeria’s parliament has approved the government’s request to sell a $1 billion Eurobond on the international debt market to help finance its budget deficit, the senate spokesman said on Wednesday..
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South Africa’s Sappi to Invest $305M in North America, Europe
08/02/2017South African pulp and paper maker Sappi will invest $305 million in North America and Europe to increase its packaging capacity, the firm said on Wednesday after releasing its first-quarter.
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Gold Miner Centamin to Pay about $100 Mln to Egypt in 2017
01/02/2017Centamin, the operator of Egypt’s only commercial gold mine, expects to pay about $100 million during its first full year of profit sharing with the government in 2017, subject to.
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ABO Capital Opens Office in New York City, Continues To Have Presence in Major Markets
31/01/2017Zandre Campos, CEO of ABO Capital, a leading international investment firm headquartered in Angola, announced today the opening of a NYC office. The office located at 641 Lexington.
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Kenya Economic Growth to Slip to 5.7 pct in 2017: Cenbank
31/01/2017Kenyan economic growth is expected to slip to 5.7 percent in 2017 from about 5.9 percent in 2016, the central bank said on Tuesday. Governor Patrick Njoroge.
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Tanzania Secures $225m Loan from World Bank Approves for Water Sector
27/01/2017The World Bank’s board of executive directors has approved a $225 million loan to Tanzania to improve water supply in the African nation’s commercial capital Dar es Salaam, the bank.
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