Most Recent World News

How Africa Is Becoming A Big Technology Player

Over the last several years, technology trends have shifted dramatically with Africa and China becoming big industry players. “China has really transformed.

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Nigeria Economy Not Hurt By Ebola Outbreak – Finance Minister

The Ebola outbreak in West African countries is not seriously affecting the Nigerian economy, Finance Minister Ngozi Okonjo-Iweala said. Nigeria, Africa’s biggest economy,.

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Ghana Sells $1B Eurobond Amidst Fiscal Difficulties

Ghana sold a $1 billion Eurobond on Thursday at a coupon rate of 8.125 percent, lower than analysts had expected given the fiscal difficulties.

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Hyundai Targets Greater South African Market Share With New Plant

South Korea’s Hyundai Motor Company, through its subsidiary, Hyundai Automotive South Africa has opened a new plant in Benoni, Guateng, as it.

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World Bank Report: Digital Payments Vital to Economic Growth

Washington, DC —Gates Foundation and Better Than Cash Alliance urge governments in Africa to embrace digital financial services, offers concrete action steps.

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Africa’s Telecoms Market To Hit $65bn By 2018

Sub-Saharan Africa’s Telecommunication market is set to maintain positive returns as service revenue is predicted to top $65 billion by 2018. According.

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Tony Elumelu Appointed Chairman Of UBA Group

The Board of United Bank for Africa Plc (UBA) yesterday announced the appointment of Tony Elumelu, as Chairman, succeeding Ambassador Joe Keshi..

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JPMorgan Listing Will Lure More Investors To Nigeria’s $13bn Bond Market

World’s biggest underwriter of emerging-market debt, JPMorgan says it will list Nigeria’s 2024 bond on its Government Bond Index-Emerging Markets (GBI-EM) this.

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TRANSCORP Gets New CEO And $1bn Profit Target

Seasoned banker, Emmanuel Nnorom has emerged the President and CEO of Transnational Corporation of Nigeria Plc (Transcorp), a leading Nigerian conglomerate and.

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Low Priced Made-in-Nigeria Hyundai Cars Hits The Market

Hyundai Motors Nigeria Limited has started phased delivery of low priced made-in-Nigeria cars assembled at the company’s plant in Lagos to its.

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