11/01/2018
1.1 kg and 5,655 carats: An emerald like no other has been unearthed in Zambia
The world’s largest producer of green stones has unearthed a 5,655-carat emerald crystal at its mines in Zambia.
11/01/2018
The world’s largest producer of green stones has unearthed a 5,655-carat emerald crystal at its mines in Zambia.
11/01/2018
The transaction would take direct shareholding by black investors in Sanlam to 18%.
10/31/2018
Airtel Africa subsequently intends to make an initial public offering and use the proceeds primarily for further reduction of debt
10/31/2018
It will also seek about 37bn shillings of commercial debt, he said, without giving more details.
10/30/2018
The ADRiFi programme is directly aligned with the Bank’s ‘High 5’ priorities, particularly “Feed Africa” and “Improving the Quality of Life of Africans”. It is also aligned with the Bank’s Climate Change Act
10/29/2018
The GCF has also released money to finance the Programme for Integrated Development and Adaptation to Climate Change in the Niger Basin
10/29/2018
In their report-back media briefing session, various ministers mentioned amounts pledged to their sectors – but none could specify if the investments were in the pipeline, had already started or were even at proposal stage.
10/29/2018
These are huge numbers of people who are not getting an opportunity to access a loan
10/24/2018
The CFF will co-fund projects and businesses that mitigate or adapt to climate change.
10/23/2018
Credit insurance is one of such instruments involving a specialized market with currently low penetration in Africa, but intent on playing a more active role.
10/23/2018
These results derived from a year-long project to boost Crunchbase’s Africa data capture and increase awareness of its platform across the continent’s tech ecosystem.
10/23/2018
The report ranks markets based on six pillars: market depth, access to foreign exchange, market transparency, tax and regulatory environment, macroeconomic opportunity and the legality and enforceability of standard financial markets master agreements.
10/23/2018
The report also observed that Egypt had the most diversified market in Africa
10/21/2018
Despite the reality checks provided by recent gross domestic product and unemployment data, leading business cycle indicators were on an upward trajectory.
10/19/2018
Investec Asset Management said it had bought shares in Richfield Holdings, but did not disclose the size of the stake or cost of the deal.
10/17/2018
The six EAC member states are also working to ensure that fund managers can invest retirees’ money in any country in the region.
10/16/2018
Apparently refusing to accept the IMF’s rating about the country’s huge debt stock and service obligations, the Minister stated that Nigeria still has much legroom for further borrowings since its total debt of over N72 trillion represents onl
10/15/2018
Offshore wrappers are providing some of the solutions.
10/12/2018
A task force in place chaired by the National Treasury has been set up.
10/11/2018
It has also been agreed that the signing of the facility agreement shall mark the first step into what will be a long and beneficial relationship with CEXIM, including AFC’s support to CEXIM’s Africa strategy, looking at their portfolio of ass