Thursday, April 18, 2019
Today Sandown Capital Limited (JSE:SDC) listed in the Equity Investment Instruments sector on the main board of the JSE. Sandown Capital is the 18th company to list on the JSE this year. Donna Nemer, Director: Capital Markets at the JSE...
The European Investment Bank (EIB) has indicated that it’s preparing a €155 million ($192 million) loan package for the 70MW Akiira Geothermal Project in Naivasha, in Nakuru County, Kenya. The project includes a consortium of investors from Kenya, the US...
Experts on regional strategic policy have urged BRICS member countries to step up efforts towards setting up its own credit rating agency as an effective mechanism to consolidate the bloc’s new multifaceted spheres of cooperation. BRICS (Brazil, Russia, India,...
The government of Ghana is planning to fence the Accra to Tema Suburban Railway Line in bid to solve persistent activities of encroachers and illegal railway track users who use it for economic activities that threaten the operations. Minister of Railways Development, Mr...
Ethiopia’s state-run telecoms monopoly has agreed to allow some local firms to provide internet services through its infrastructure, a move seen as spurring competition and expanding the data market, officials said. Ethio Telecom has more than 16 million subscribers of...
The National Drug Authority (NDA) has launched construction of Quality Control Laboratory at its former head office at Lumumba Avenue in Kampala at a cost of US $8.4m. Speaking during the ground breaking ceremony Health Minister Dr Ruth Aceng, said that the sole...
Global and African financial heads identified country risk as the biggest challenge to their ability to lend more to African countries. Speaking in Abidjan during a one-day forum on investment risks in Africa hosted by the African Trade Insurance...
Nigeria’s state oil firm NNPC has extended its crude-for-product swap contracts, the country’s main avenue to meet the bulk of its fuel needs, until June 2019, sources familiar with the matter said. Despite having a refining capacity of about 445,000...
The government of Korea has signed a letter of intent with the African Development Bank, AfDB to launch the Korea–Africa Energy Investment Facility (KEIF), which will provide significant support to the New Deal on Energy for Africa, with aims...
Angola plans to allow miners to sell up to 60% of rough diamonds to companies of their choice, including to their own trading divisions, Reuters reported last week. The changes are part of the country’s reforms to its diamond sector...
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