Nissan’s local arm in South Africa says sales of its locally built Navara have gotten off to a good start. Sales of vehicles have surpassed those…
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The Nigerian stock market ended the month of November on a bearish note on Tuesday with a loss of N12 billion. Specifically, the market capitalisation decreased…
Nigeria’s exchange rate management policies have been criticized by the World Bank as discouraging investment and fueling inflation The bank announced this in its November Nigeria…
The African Development Bank (AfDB) and the Rockefeller Foundation have signed a Letter of Intent to partner on decentralised renewable energy (DRE) solutions and grid-based energy transition for Africa. The partnership is…
Africa’s largest digital payments network, MFS Africa has raised US$100 million through an equity and debt financing round, following a series of acquisitions and investments in…
The Bank of Tanzania said it plans to target individuals and government officials with new measures to reduce non-performing loans. Tanzania’s central bank is taking measures…
The International Monetary Fund said Thursday that, despite a worsening conflict in Ethiopia, it will continue to engage with Ethiopia on a technical level, but has…
In spite of environmental concerns and calls to abandon coal, work is due to begin on Botswana’s second privately-owned coal mine in the first quarter of next year.…
The Country Chair of Shell Companies in Nigeria (SCiN), Osagie Okunbor, says Nigerian companies were awarded 100 percent of the firm’s $800 million worth of contracts…
In an effort to support Egypt’s efforts to boost investments across various infrastructure sectors, the Asian Infrastructure Investment Bank (AIIB) and the OPEC Fund for International…