Most Recent World News

CBN Moves to Strengthen DFIs, Launches Final Operating Guidelines

CBN Governor, Godwin Emefiele The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has recently reiterated the bank’s commitment.

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Egypt Signs $500 Mln Agreement with Afreximbank

African Export-Import Bank (Afreximbank) has recently agreed to a $500 million facility with the Central Bank of Egypt (CBE) to help Egyptian.

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Tunisia, IMF Hold Talks on Credit, Economic Reforms

Tunisia Central Bank has said that the International Monetary Fund (IMF), recently began talks with the country over a new credit programme,.

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Zambia approves price-based royalties for copper mines

Zambia’s cabinet has recently approved a new royalty system that varies depending on the copper price as Africa’s second-biggest producer seeks to.

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Egypt Raises Deposit Cap to $1 Million for Exporters

Egypt’s central bank has recently raised the cap on foreign currency deposits at banks to $1 million a month for exporting companies,.

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Nigeria in Talks with Oil Majors to Repay Debt, Invest in Refineries

Ibe Kachikwu, Minister of State, Petroleum The head of Nigeria’s state oil firm NNPC, Emmanuel Ibe Kachikwu says the country is in.

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Malawi: EU Rules Out Budgetary Support

Minister of Finance, Malawi, Goodall Edward Gondwe The European Union (EU), one of Malawi’s largest donors, has recently ruled out any budgetary.

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Nigeria to Seek China Loan, Shelves Eurobond Sale

Nigerian Finance Minister Kemi Adeosun plans to travel to China next week, aiming to negotiate a loan of up to $2 billion.

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South Africa Plans Fuel Cell Plant to Boost Platinum Demand

South Africa has recently concluded plans to set up a fuel cell component plant by 2018, the latest initiative from the world’s.

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African producers to shift sales to domestic markets as EU sugar quota ends

Sub-Saharan African sugar producers have decided to shift sales to growing regional and domestic markets when exports to the European Union become.

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