Wednesday, September 26, 2018
Namibia’s ruling SWAPO party elected Hage Geingob as its president at the weekend, the party said on Monday. He has previously been its acting president. Geingob, president of Namibia since 2015 but acting president of the ruling party, won 574...
Billionaire Beny Steinmetz is back to mining diamonds. The Koidu mine in Sierra Leone, controlled by the billionaire’s family trust, has started mining again after halting production for almost a year. It’s the latest step in a recovery for a business that’s...
Dr Jumoke Oduwole, the Senior Special Assistant to the President on Industry, Trade and Investment‎, says the Federal Government is committed to ensuring Ease of Doing Business in Nigeria. Oduwole said this on Tuesday, during a stakeholders sensitisation workshop held...
Today, in the Côte d’Ivoire capital, ahead of the African Union-European Union Summit, the European Investment bank (EIB) signed its first, landmark agreement with the African Export Import Bank (Afreximbank). The agreement involves a finance facility for EUR 100m...
Kenya’s government is seeking proposals from banks about a possible $2 billion Eurobond offering in the first quarter of 2018, according to two people familiar with the matter. The East African nation’s Treasury asked banks for pitches on how to structure...
Independent investment firm RisCura has released its latest report on investing in Africa,Bright Africa 2018, which highlights that Africa’s consumer and business spending is expected to reach $6.7 trillion by 2030. The report segments Africa into nine meaningful markets, or...
2017 was a moderately busy year for M&A activity in the Sub-Saharan Africa region (SSA), with deal data pointing to a slowdown in M&A, both in terms of the number and monetary value of deals. Recent data shows that the...
In January, Turkish President Recep Tayyip Erdogan was in Dar es Salaam on a state visit. A month later, Turkish firm Yapi Merkezi, through a joint venture with Portuguese company Mota Engil, won the first contract under the Tanzanian railway...
The risk of a reversal in the inflation drop that has characterised many of the biggest African economies in the last year, will likely mean a freeze on borrowing costs. Rate decisions across Africa in the next two weeks are...
Kenya and Tanzania have plans to construct a 412 km road that will connect Malindi and Bagamoyo. The road is expected to ease movement between the two countries’ coastlines. It is not clear though as to when the project will...

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