Gabon to issue $ 500 million Eurobond to finance infrastructure projects
Gabon plans to raise at least $500 million via a new 10-year Eurobond at a 6.95% interest rate to fund infrastructure projects that will help […]
Articles by Geraldine Boechat
Ethiopia to double its sugar plants by November 2015
Addis Ababa aims to become Africa’s biggest sugar producer and exporter with plans to double the number of its sugar estates to six by November […]
Zambia not to benefit from Africa’s TFTA
Three African trade blocks, the Common Market for Eastern and Southern Africa (COMESA), the Eastern African Community (EAC) and the Southern African Development Community (SADC) […]
Cameroon: Nexttel lands 2 million subscribers in 8 months
The Viettel telecom company, Nexttel has recorded two million subscribers in first eight months of activities with its 3G license, Cameroon’s third mobile provider said […]
Somalia to resumet livestock exportation to Egypt
An agreement on the resumption of Somalian livestock exports to Egypt has been reached recently between the two governments which also decided to bolster exchanges […]
China Development Bank lends $ 2 billion to Transnet group
The South African logistics group Transnet announced it had obtained a loan of 30 billion rand ($ 2 billion) from the China Development Bank to […]
Kenya: IMF lowered its growth forecast for 2015 to 6.5%
The International Monetary Fund (IMF) announced that the Kenyan economy is expected to grow by 6.5% in 2015, against the 6.9% forecast announced earlier this […]
Egypt: al Sisi apologizes for police brutality
President al Sisi has presented his apologies to the lawyers’ union and Egyptian citizens for police brutality after a police officer has been accused of […]
Egypt-Italy: Eni to invest $ 2 billion in Egypt’s oil fields exploration
Egypt and the Italian oil company Eni have agreed on a $2 billion deal authorizing the Italian firm to explore some of Egypt’s oil fields. […]
Nigeria: Samsung Electronics, Diamond Bank and Softcom Ltd. raise $100 mln technology intervention fund
Samsung Electronics, Diamond Bank and Softcom Limited have strategic partnership to raise $100 million technology intervention fund, to drive education in Nigeria. The three firms […]