Most Recent World News

Africa Attracts Increased Foreign Direct Investment (FDI) Despite Growing Insecurity – Report

Emerging economies continuously need Foreign Direct Investment (FDI) for sustainable growth and development, with governments having recognized the importance of flow of.

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Mo Ibrahim: Now is the time for Afro-realism

Sudanese mobile communications tycoon Mo Ibrahim says Africa must prioritize regional integration.   STORY HIGHLIGHTS Mo Ibrahim says Africa has become a.

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Bharti Airtel To Invest $1bn In Africa Annually

 Bharti Enterprises founder and Chairman, Sunil Bharti Mittal has promised to invest $1 billion annually in its African operations over the next.

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Kenya and Nigeria Sign Trade Agreement

Kenya and Nigeria have signed three agreements and four memoranda of understanding aimed at promoting trade between the two countries. The agreements.

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Africa is Ripe for Investment

US has just announced that it has invited over 47 African leaders to Washington for a US-Africa Summit. The summit is going.

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Local Firms to Benefit from Nigerian Oil Deals

The Nigerian National Petroleum Corporation (NNPC) has awarded yearly crude oil lifting term contracts for 2014/2015 of about $40 billion to mostly.

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Money Transfer: Are Africans getting ripped off?

Africans in the Diaspora are charged twice the global average in taxes to send money to relatives back home, a recent study.

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Zimbabwe Faces Economic Challenge

The economy remains under pressure with companies reportedly laying off workers or shutting down, unemployment and inflation rising while the government looks.

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Nigeria’s GTBank Plans Africa Expansion

Leading Nigerian financial institution, Guaranty Trust Bank (GTBank) has announced plans to expand its operations in Africa over a three-year period. The.

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Ex-Im Bank Signs $100 Million Agreement with PTA Bank

Washington, DC – Fred P. Hochberg, chairman and president of the Export-Import Bank of the United States (Ex-Im Bank), and Admassu Tadesse,.

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