Most Recent World News

Kenya Secures Sh21.9 Billion Financial Assistance from China

  Kenya secured Sh21.9 billion financial assistance from China for infrastructure development and drought mitigation. The money includes a Sh19.2 billion grant.

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Vodacom, Safaricom Partner to Tap Kenyan Market

South Africa’s Vodacom said on Monday it will buy a 35 percent stake in Safaricom from its parent company Vodafone for 34.6.

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South Africa Rand Gains as Dollar Slides

By: Mfuneko Toyana South Africa’s rand strengthened on Wednesday following two consecutive days of losses, helped by firmer precious metals prices and.

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South Africa Rand falls Close to 1month low as Euro Optimism Spreads

By: Mfuneko Toyana South Africa’s rand extended losses, nearing its weakest level in a month as demand for riskier currencies, as well.

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Kenya: Private Investors Support Healthcare Transformation Cause

Royal Philips today announced its full support for a new Government of Kenya and United Nations (UN) initiative aimed at strengthening primary.

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EMERGING AFRICA INFRASTRUCTURE FUND ANCHORS US$600 MILLION BOND ISSUE BY LEADING TELCO TOWER OPERATOR HELIOS TOWERS AFRICA

Helios Towers Africa (HTA), a leading telecommunications infrastructure and power operator in Africa, is set for expansion following a successful US$600 million,.

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Nigeria: New Naira Investor Rate Eases for Second Day

By Oludare Mayowa and Chijioke Ohuocha The value of Nigeria’s latest naira exchange rate, set specifically for portfolio investors, eased for a.

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Gold Slips to Two-week Low on Improved Risk Appetite; Equities Rally

By: Sethuraman N R Gold fell to a two-week low Wednesday, as investors opted for riskier assets such as equities on renewed.

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AFIG Funds to sponsor Africa’s Largest Private Equity Gathering

  In Africa, SMEs accounts for about 50 percent of job creation and 33 percent of gross domestic product (GDP), the sector.

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Fiscal Policy Remains Unchanged after Cabinet Reshuffle- South Africa’s Zuma

  South Africa’s President Jacob Zuma said on Tuesday the country’s fiscal policy would remain unchanged after his cabinet reshuffle and that.

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