Most Recent World News

Ghana Expects Steady Oil Output in 2016

As Tullow Oil Jubilee Field’s output increases, Ghana’s oil output is expected to average 110,000 barrels per day in 2016, similar to last year. Chief Director, Ministry of Petroleum Ghana.

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An Indebted Africa Cannot be a Rising Africa –AfDB President

By: Barnabas Thondhlana The President of the African Development Bank, Akinwumi Adesina, has recently stressed the need for Africa to remain debt-free in other to achieve the overall goal of.

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Nigeria: DG PENCOM Calls for Diversity among Pension Fund Operators

The Director-General, National Pension Commission (PenCom) Mrs. Chinelo Anohu-Amazu, has recently charged operators of pension fund to derive ways of developing products that they invested in the country. While speaking.

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Nigerian Emerges Front-runner for OPEC Leadership

A Nigerian oil technocrat has emerged as front-runner to take the top job at OPEC, with members seeing Mohammed Barkindo as what would be a rare compromise candidate to lead.

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Standard Chartered Launches Mobile Banking Push in Africa

In a bid to promote growth in Africa, Standard Chartered is set to launch its mobile and online banking platform in eight African countries.

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Nigeria: States Endorse 22-Point Fiscal Reform Action Plan

Nigerian States have agreed to reform the finances of state and local governments under a fiscal sustainability programme to ensure their long term viability, according a recent press release from.

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Toyota Boosts Production of Cars in South Africa with $390million Investments

Japanese automaker Toyota has invested 6.1 billion rand ($390 million) to expand the production of its Hilux and Fortuner models in South Africa, its country CEO recently said.

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Egypt Must Work Harder to Revive Tourism after EgyptAir Crash: Minister

Egypt will have to work 10 times harder to revive its tourism industry, Tourism Minister Yehia Rashed said on Sunday, after a series of setbacks including the crash of an.

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Kenya Sees Tourist Numbers Rising by a Third this Year to 1.6 Mln

Kenya expects tourist arrivals to jump by a third this year to 1.6 million as Western governments lift warnings against travel to the East African nation, the Kenya Tourism Board.

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Egypt Imposes Tax on Sugar Export

Egypt has recently imposed a 900 Egyptian pound ($101.35) per tonne tax on exported sugar effective until the end of the year.

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