ETHIOPIA generated $390 million in export revenue from the manufacturing industry sector over the past nine months, the country’s Ministry of Industry has disclosed. The revenue marked 87 percent of the initial target that was set by the East African…
THE National President of the Chartered Institute of Bankers of Nigeria (CIBN) Dr Bayo Olubgemi has said the Banking industry still remain as one of the Major ingridient of National developments and sources of employment to many Nigerians. Making the…
FORBES magazine has released the list of richest men in the world with eight out of the top 10 from the United States, then one from France and the other from India. America still leads the world, with 735 billionaires…
IT’S the classic postcard image of Ghana: brightly coloured, narrow wooden fishing boats pulling into the dock of seaside village, bringing in the daily catch. But increasingly this way of life is under threat, with a new investigation showing how…
LAGOS, Ogun, and Rivers States top the list of states in Nigeria with highest domestic debts as of December 2021, jointly owing a sum of N1.12 trillion in domestic debts, which accounted for 25.1 percent of the total state debts.…
ABOUT 1,500 women engaged in informal trade across Liberia and Sierra Leone’s border will soon receive training and mentorship to formalise their businesses, increase and stabilise their incomes, and create safer trading environments. The Mano River Union Secretariat will receive…
THE African Development Bank (AfDB) is aiming to raise $1bn to rapidly ramp up agricultural production in Africa and stave off a potential food crisis brought on by Russia’s invasion of Ukraine, its president told Reuters on Friday. But the war,…
The office buildings acquisition is facilitating the expansion and diversification of Compass Capital’s real estate portfolio VANTAGE Capital (www.VantageCapital.co.za), Africa’s largest mezzanine fund manager, announced today that it has provided $10 million of mezzanine debt funding to Compass Capital, a…
FOUR Algerian and Chinese firms have announced a nearly $7bn deal to relaunch a phosphate mining project set to produce millions of tonnes of fertiliser annually. Under the new deal, Algeria’s Asmidal, a subsidiary of state oil firm Sonatrach, and…
BLUE, yellow, green: As night falls, the dome of the Kigali conference centre lights up, resplendent in the colours of Rwanda’s flag as it aims to attract all eyes on the capital, and beyond. In less than a decade, the…
