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    AfDB approves loan of €83m for Egypt’s electricity sector to spur economic recovery from Covid-19

    The program seeks to enhance the power sector’s financial sustainability, governance and operations ABIDJAN, Ivory Coast, June 16, 2021/ -- The Board of Directors of...

    LME to donate $1.7 mln to responsible sourcing projects in Africa

    Adds comment LONDON, June 16 (Reuters) - The London Metal Exchange said on Wednesday it will donate $1.7 million to the charities Pact and the...

    G7 devt. finance institutions, others to invest $80bn into African businesses

    By Temitope Ponle Abuja, June 14, 2021 The G7 Development Finance Institutions (DFIs) have announced a commitment to invest $80 billion dollars in Africa’s...

    Naspers’ directors to have significant shares in co after share exchange deal

    The incentives of executive directors in Naspers Ltd (NPNJn.J) will be linked to the performance of the company and a share exchange programme with...

    IMF expects to approve $1.6 bln in financing for Egypt in coming weeks

    WASHINGTON, May 25 (Reuters) - The International Monetary Fund on Tuesday said it expects to provide an additional $1.6 billion in financing to Egypt...

    Rwanda woos Nigerian financial, tourism investors

    Lagos, May 21, 2021 Mr Stanislas Kamanzi, Rwandan Ambassador to Nigeria, has charged Nigerian investors to take advantage of high returns on investment...

    Ghana seeks Nigeria’s help to grow maritime, shipping sector

    Port Harcourt — The Ghanaian Ports and Harbors Authority, has sought the help and collaboration of Nigeria to grow her maritime and shipping sector. Director,...

    AU, ECA call for 30 km/h streets in Africa

    By Temitope Ponle Abuja, May 20, 2021 The African Union Commission (AUC) and the Economic Commission for Africa (ECA) have called on African policy...

    World Bank plans $150bn investment in Africa

    The President of World Bank Group, David Malpass, has said that the bank plans to invest $150 billion in Africa within the next five...

    Heineken in talks to buy South African drinks maker Distell

    Heineken NV (HEIN.AS) is in talks with South African drinks maker Distell (DGHJ.J) about a possible acquisition, the two companies said on Tuesday, in...

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