China offers new $20 billion worth loans to Africa
China announced on Wednesday that it would offer Africa new loans worth $20 billion over the next three years to support infrastructure, the manufacturing industry […]
Finance
Egypt’s stock market indices make record gains in 9 years
Egypt’s stock market indices have made record gains in 9 years following the victory of Mohammed Morsi of the Muslim Brotherhood in the Egyptian presidential […]
Africa: International community pledges financial contribution to energy projects
The international community and several world and regional financial institutions have pledged, during the recently held Rio+20 earth summit, substantial financial contributions to upgrade the […]
Kenya gets French loan to upgrade electricity distribution
France will extend Kenya a 78.5 million euro loan to help the African country upgrade its power transmission lines and eliminate blackouts. The concessional loan […]
KSA set up holding company worth $2.4 billion in S.Africa
South Africa and Saudi Arabia have set up a holding company worth $2.4 billion that will be made up of different business sectors, including real […]
Regional integration, a pathway to economic growth
Regional integration in the East African region is a pre-condition for economic growth as such integration is likely to boost job creation and foster economic […]
Youth, the opportunity for economic growth in Africa
Youth in Africa are the key to future prosperity in the continent provided sufficient jobs are created and young people are adequately trained to acquire […]
Tunisia seeks Gulf countries’ financial assistance
Tunisia, which is facing up some financial difficulties and whose sovereign credit rating has just been downgraded to BB by Standard & Poor’s, is seeking […]