Most Recent World News

SUMMIT: African countries don’t think cooperation adds to debt, China says

African leaders attending this week’s summit with China don’t think that cooperation between the continent and Beijing has added to their debt.

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UAE-Ghana trade exchange hits $1.2bn in 2017

The trade exchange between the UAE and Ghana amounted to over $1.2 billion by the end of 2017, a media report said,.

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Egypt’s foreign reserves increased by $104 million in August

The country’s net foreign reserves increase to $44.419 billion at the end of August compared with $44.315 billion in July 2018, Egypt’s.

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Nigerian President signs $328 DEAL with China, secures support on Mambilla Project

President Muhammadu Buhari on Wednesday secured the support of the Chinese President, Xi Jinping, for the building of the 3,050 megawatts Mambila.

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Louis von Zeuner resigns as chair of African Bank

The chair of the boards of African Bank and African Bank Holdings, Louis von Zeuner, has resigned to join the board of.

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Rwanda’s Kagame endorses Chinese investment in Africa

African Union chairman, Rwandan President Paul Kagame has termed Chinese aid and investment strategy in Africa as “deeply transformational” and respectful of.

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Global economy can reap $26trn by fighting climate change – Okonjo Iweala

A former finance minister of Nigeria and Co-Chair of the Global Commission on the Economy and Climate, Ngozi Okonjo-Iweala, says fighting climate.

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World Bank Vice President visits Algeria

World Bank Vice President for the Middle East and North Africa, Ferid Belhaj is in Algeria from September 5 to 6, 2018.

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Africa Energy begins oil drilling in offshore Namibia

Africa Energy Corp, an oil and gas company with exploration assets offshore Namibia and South Africa has announce the initial drilling of.

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Nigeria’s external debt rises by $11.77bn in 3yrs – DMO

Nigeria’s external debt commitment rose by $11.77bn in the last three years, investigation has shown. According to debt statistics obtained from the.

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