Mozambique: UBS Group reaches agreement on eve of trial
The UBS Group on Sunday October 1st, reached an agreement with Mozambique over Credit Suisse’s role in ship financing, on the eve of the trial. […]
Bloomberg
Angola: The National Bank sells $500 million in debt securities
The National Bank of Angola announced Tuesday that it will make public debt securities from its foreign currency portfolio in the amount of US$500 million […]
Côte d’Ivoire losing 125,000 tons of Cocoa to smuggling– Bloomberg
About 125,000 tons of cocoa beans have been smuggled from Côte d’Ivoire to neighboring countries since the beginning of the 2017/2018 season, Bloomberg reports quoting […]
Aliko Dangote, only African on Bloomberg 2017 list of 50 Most Influential
Africa’s richest man, Alhaji Aliko Dangote dubbed “the quiet billionaire” for his relatively frugal lifestyle, is the only African to make the Bloomberg 50 Most […]
Impala Platinum may lay off 2,500 workers in South Africa
Impala Platinum (Implats), a leading producer of platinum, on Monday said about 2,500 jobs of its 31,000 work-force may be at risk at its Rustenburg […]
US fast-food Pizza Hut eyes Ethiopia
U.S. fast-food giant Yum Brands Inc. on Tuesday unveiled plans to expand its Pizza Hut restaurants in Ethiopia, becoming the first international restaurant chain to […]
DRC: Bloomberg Unveils Massive Fortune of Kabila’s Family
President Joseph Kabila of the Democratic Republic of Congo and his relatives have built a network of businesses that reaches into every corner of Congo’s […]
‘Nigeria still Africa’s biggest economy’, Dangote challenges Bloomberg
Africa’s richest man, Aliko Dangote, insists that Nigeria is the continent’s biggest economy contrary to Bloomberg’s reports on Wednesday that the country had been overtaken […]
Three Africans make Bloomberg’s list of top 50 personalities globally
Three Africans, including the Nigerian Aliko Dangote, Africa’s richest man and President of the Dangote group, were listed among the 50 most influential global personalities […]
Johann Rupert-backed Fund raises $ 345 Mln for Africa
Pembani Remgro Infrastructure Fund, founded by two of South Africa’s richest men, has raised $345 million to invest in electricity generation, transport and logistics in […]