South Africa’s Sappi to Invest $305M in North America, Europe
08/02/2017South African pulp and paper maker Sappi will invest $305 million in North America and Europe to increase its packaging capacity, the.
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Gold Miner Centamin to Pay about $100 Mln to Egypt in 2017
01/02/2017Centamin, the operator of Egypt’s only commercial gold mine, expects to pay about $100 million during its first full year of profit.
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ABO Capital Opens Office in New York City, Continues To Have Presence in Major Markets
31/01/2017Zandre Campos, CEO of ABO Capital, a leading international investment firm headquartered in Angola, announced today the opening of a.
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Kenya Economic Growth to Slip to 5.7 pct in 2017: Cenbank
31/01/2017Kenyan economic growth is expected to slip to 5.7 percent in 2017 from about 5.9 percent in 2016, the central.
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Tanzania Secures $225m Loan from World Bank Approves for Water Sector
27/01/2017The World Bank’s board of executive directors has approved a $225 million loan to Tanzania to improve water supply in the African.
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Tanzania to Receive World Bank $305m Loan for Port Expansion
26/01/2017Tanzania will receive a $305 million loan from the World Bank to expand its main port in it main commercial city Dar.
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Africa Finance Corporation issues US$150 million maiden Sukuk
24/01/2017Africa Finance Corporation (AFC), a leading pan-African multilateral development finance institution and project developer, has issued its maiden Sukuk, the highest-rated.
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Equatorial Guinea Presents Offer To Become OPEC Member In 2017
23/01/2017Africa’s no. 3 oil producer Equatorial Guinea has presented an offer to join the Organisation of the Petroleum Exporting Countries (OPEC) this.
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Nigeria Must Not Scare Away MTN, Says Communications Minister
23/01/2017By Camillus Eboh and Paul Carsten Nigeria must not scare away MTN, its minister of communications said, as lawmakers investigate alleged illegal.
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Rising Kenyan Tea, Coffee Export Prices To Ease Drought Impact
19/01/2017Rising prices for Kenyan tea and coffee exports will help offset the impact from a drought that has been hurting the East.
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