Twenty-five African banks in the top 1,000 of The Banker 2018 report
In its 2018 report published earlier this week, The Banker Magazine placed twenty-five African banks among the top 1000 banks in the world. Standard Bank, […]
Business
Côte d’Ivoire to build its first biomass power station from cocoa waste
Côte d’Ivoire, the world’s top cocoa producer plans to build a 60 to 70 megawatts (MW) capacity biomass power generation plant running on waste from […]
IMF to consider bailout for debt-crippled Congo Republic
The Executive Board of the International Monetary Fund will examine Congo Republic’s request for a bailout on July 6, the international lender said on Wednesday. […]
UN experts discuss Morocco’s accession to ECOWAS
Experts of the UN Economic Commission for Africa (UNECA) as well as representatives of the private and the public sector are gathered in Benin’s capital […]
Millions of Ghanaians not benefiting from booming economy—UN
The UN Special Rapporteur on extreme poverty and human rights said millions of people in Ghana are not benefiting from the country’s booming economy, but […]
South African firms urged to invest in public projects in Zambia
Zambia’s finance minister has urged South African firms to invest in roads and power plants in the Southern African nation after it suspended borrowing indefinitely. […]
Sanctions-hit Rusal restarts alumina refinery in Guinea
Russian aluminium producer Rusal has restarted production at its Friguia alumina refinery in Guinea on Wednesday, Reuters reported. The sanction-hit miner restarted its activities in […]
Mauritius to sell citizenship
As a means to further encourage investors to seize business and investment opportunities in Mauritius, the government of the Island nation has introduced a scheme […]
DRC to liberalize 90% of African imports by 2020
Democratic Republic of Congo’s chief negotiator for the African Continental Free Trade Area (AfCFTA), Floribert Kwete Mikobi, said that DRC will liberalize 90% of imports […]
Kenyan government unveils next year’s budget
Kenyan Treasury cabinet secretary Henry Rotich has unveiled the 2018/2019 budget in Parliament, local media reported. The expenditure will help finance President Uhuru Kenyatta’s so-called […]