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Kenya Could Lose U.S.$30 Million U.S. Funding Over Graft

Kenya Could Lose U.S.$30 Million U.S. Funding Over Graft

Kenya’s persistent corruption blot may hinder its early access to a US multimillion-dollar development programme. Nairobi is ranked 137 out of 180 countries on the latest Corruption Perceptions Index published by global watchdog Transparency International, indicating that despite the latest push to combat the vice, the war is far from being won With prevalent bribery […]

British Prime Minister, African Leaders Urge Investors To Accelerate Economic Role On the Continent

British Prime Minister, African Leaders Urge Investors To Accelerate Economic Role On the Continent

UK companies must leap at the chance to deepen economic ties with Africa, a continent with unmatched investment opportunities, several African leaders said at a high-level panel. At an oversubscribed opening ceremony for the 2020 UK-Africa Investment Summit, Monday, attended by dignitaries and delegates from 16 African countries, including President El Sisi of Egypt, British […]

Kenyatta Secures U.S.$1,6 Billion Investment Deals at UK-Africa Summit

Kenyatta Secures U.S.$1,6 Billion Investment Deals at UK-Africa Summit

President Uhuru Kenyatta has secured major investment deals worth over Sh170.8 billion in the ongoing UK-Africa Investment Summit in London. On Monday, the country also set history after its first-ever green bond, called the “Simba Bond”, was listed on the London Stock Exchange. The bond is the brainchild of Acorn Holdings Ltd, a residential real […]

Morocco Is Up To Something Big : Water Fog

Morocco Is Up To Something Big : Water Fog

At first sight, these large black nets stretched vertically in the middle of nowhere have no reason to be. They do, however, fulfil a great mission: transforming fog into water. This unusual idea has changed the lives of the inhabitants of five villages in southwestern Morocco, who no longer have to travel several kilometres each […]

Venezuela And Sudan Begin Bilateral Cooperation Talks

Venezuela And Sudan Begin Bilateral Cooperation Talks

The Minister of Energy and Mining, Engineer Adil Ali Ibrahim, Monday received the Ambassador of Venezuela to Sudan, Deiby U.Colmenares, and discussed the bilateral cooperation between two countries in the energy and mining fields. Ibrahim expressed the hope of Sudan to benefit from expertise and abilities of Venezuela in the energy and mining fields, referring […]

Nigeria, Russia To Resuscitate Ajaokuta Steel Company

Nigeria, Russia To Resuscitate Ajaokuta Steel Company

The Federal Government and Russia, Tuesday, agreed to partner in resuscitating the comatose multi-billion Dollar Ajaokuta Steel Company. This was disclosed in a statement signed by the Press and Public Relation Unit of the Ministry of Mines and Steel Development, where the Minister of Mines and Steel Development, Olamilekan Adegbite, during a courtesy visit of […]

Monday On The Go : Invest In The Right Things

Monday On The Go : Invest In The Right Things

Africa’s Richest Woman, Isabel Santos Makes Offer To Buy 25.6% Of Oi Brazilian Telecom

Africa’s Richest Woman, Isabel Santos Makes Offer To Buy 25.6% Of Oi Brazilian Telecom

Isabel dos Santos, surprised the market by offering € 1.2 billion by the holding Portugal Telecom SGPS; Brazilian board says proposal is ‘inopportune’ In an offensive that surprised the market, Angolan Isabel dos Santos made a preliminary offer for the acquisition of shares of Portugal Telecom SGPS, a company in the process of merging with […]

Ghana Is Austria’s Most Important Business Destination In Africa

Ghana Is Austria’s Most Important Business Destination In Africa

The President of the Republic of Austria, His Excellency Alexander Van der Bellen, has described Ghana as the most important destination in Africa currently for Austria and Austrian businesses. According to President Alexander Van der Bellen, the management of the Ghanaian economy, especially over the last two years, for which Ghana is projected to be […]

UNDP Host Investment Forum To Commemorate Africa Climate Week 2019

UNDP Host Investment Forum To Commemorate Africa Climate Week 2019

The Government of Ghana (GoG) and the United Nations Development Programme (UNDP) are jointly hosting an investment forum as part of activities marking this year’s Africa Climate Week which takes place from March 18 to March 22. Stakeholders from international/ development organizations, government agencies―the Ministry of the Environment, Science, Technology and Innovation(MESTI), civil society organizations […]

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