South Africa Rand Consolidates Gains, Gold Index Boost Stocks
22/12/2015In the light of the thin holiday season trade, South Africa’s rand firmed on Monday, extending modest gains notched up since calm.
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Mozambique Economy Grows 5.9 Percent in Third Quarter
22/12/2015The Mozambican economy has grown by 5.9 percent in the third quarter of 2015 recent data on its statistics website has shown..
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Africa
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Congo Dr to Issue Bond Of $500 Million In 2016
22/12/2015As part of efforts to raise financing of investment project in the country, the Democratic Republic of Congo has recently announced that.
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Africa
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China to Cancel Zimbabwe’s $40 Million Debt
22/12/2015The Finance Minister of the Southern African countries Patrick Chinamasa, has stated that China is set to cancel about $40 million worth.
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International
CANADA GRANTS 30 MILLION USD FOR ETHIOPIA’S EFFORTS OF MITIGATING EL-NINO
21/12/2015Canada has granted 30 million USD to Ethiopia for the efforts of mitigating the El-Nino induced drought, the Ministry of Foreign Affairs.
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ETHIOPIA PLANS 950 MW ELECTRIC POWER FROM SUGAR DEV’T PROJECTS
21/12/2015Ethiopian Sugar Corporation has plans to produce 950 megawatts of electric power from its sugar development projects by the end of GTP.
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Africa
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Politics & Policy
RWANDANS APPROVE EXTENSION OF PRESIDENTIAL TERM LIMITS
21/12/2015Rwanda’s National Electoral Commission has recently declared that Rwandans voted overwhelmingly to support changes to the constitution that would allow President Paul.
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Africa
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CFAO OPENS FIRST AFRICAN MALL IN IVORY COAST
21/12/2015As part of a major drive to tap into the growth of Africa’s middle classes, French distribution group Comptoir Francais de l’Afrique.
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NIGERIA: CBN RESTRICTS THE USE OF NAIRA CARDS ABROAD
21/12/2015In a bid to restore Nigeria’s foreign exchange market, the Central Bank of Nigeria has recently issued another circular to banks in.
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Africa
Development Stories
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NIGERIA: NNPC TO AWARD NEW CRUDE-FOR-PRODUCT SWAP DEAL TO FOUR REFINERS
21/12/2015Nigerian state oil firm NNPC has recently said that it will award new crude for oil products swap agreements to leading refiners.
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