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Russians Rush For Dollars As Sanctions Threaten Ruble Collapse

RUSSIANS are lining up at cash machines around the country to withdraw foreign currency as new…

UBA Informs Customers Of $20/Month Naira Card Limit On International Transactions

UNITED Bank for Africa (UBA) has informed their Nigerian customers that the limit on the Naira…

De Beers Returns Diamond Sights To Gaborone As Travel Opens Up

DE Beers is bringing its sales activities back to Botswana’s capital Gaborone, it said on Thursday,…

Turkey, Senegal Boost Trade Volume Target To $1bn

PRESIDENT Recep Tayyip Erdogan has said Turkey and Senegal have more than doubled their bilateral trade…

Kenya’s Uhuru Welcomes UAE’s Announcement To Establish An Innovation And Entrepreneurship Centre Kenya

KENYAN President Uhuru Kenyatta has welcomed an announcement by the United Arab Emirates (UAE) to establish…

UK Backs Nigerian Bank With $100 Million Credit Facility

CDC Group, the UK’s development-finance arm, will provide a $100 million credit facility to First Bank of…

Erdogan’s Africa Visit Will Set Stage To Boost Trade, Investments

TURKEY’S President Recep Tayyip Erdogan has started his mini-tour of Central and West Africa, which is…

Congo Says Close To Deal To Recover $2 Billion Worth Of Assets From Israeli Investor

DEMOCRATIC Republic of Congo (DRC) is close to a deal with Fleurette Group, controlled by Israeli…

Liberia: African Development Fund Approves $12.13 Million To Fund Additional Works Under The Fish Town-Harper Road Project

THE African Development Fund, the concessional window of the African Development Bank, has approved funding of…

Europe Commits $170 Billion To Africa, But Continent Wants More

THE European Union has pledged 150bn euros ($170bn) for investment in Africa as it seeks to gain influence…