Category: Business

What African Central Banks Will Discuss in the Next Two Weeks

Central bankers in sub-Saharan Africa are likely to focus more on domestic factors than global developments when they decide on interest rates in the next two weeks....

AfDB Approves €8m Grant to Ruzizi IV Hydro Power Project

The Board of Directors of African Development Bank Group has approved an €8 million grant drawn from the European Union’s Africa Investment Platform (EU-AIP) to...

Africa’s Leading Energy Law Group, Gets New Managing Director

Mr. Zion Adeoye has been named the Managing Director of Centurion Law Group. Adeoye, an oil and gas specialist with a focus on energy law and finance has played a...

Julius Berger, Others Rated Amongst Top 100 Nigerian Companies

•Assets, performance, revenue, profits as criteria Construction giant, Julius Berger Nigeria Plc has been ranked in the upper Top 100 Nigerian companies in terms of...

AfrExim Bank Ready to Invest N60bn in Imo State

Ihedioha donates land, in Ngor Okpala for construction of Africa Quality Assurance Centre• The investment drive by Governor Emeka Ihedioha of Imo State has again...

New Boeing Boss Faces EU Pressure over Embraer Tie-up

As Boeing’s (BA.N) new boss tackles the immediate crisis over its grounded 737 MAX jet, he also faces pressing questions from European regulators over a deal to buy...

Economic Diversity Shields African Markets Amid Slowing Global GDP Growth

The report finds that, despite there being a gloomy backdrop created by slow growth in the United States, China and Europe, Africa remains a relative bright spot with...

AFRO to Sustain Improvement of African Continent

One of the missions of AFRO includes improving daily well being of people of the African continent. We have mentioned it before, but today it became a reality. AFRO...

African Retail Industry Set to Benefit from SGI Dubai 2020

Africa’s growing youth population, rapid urbanisation and the increased purchasing power of these consumers, are key factors that are driving this massive US$500...

Sleaze: Goldman Sachs May Admit Guilt, Pay $2bn Fine

Goldman Sachs Group Inc is in talks with the U.S. government and a state regulator to possibly pay up to $2 billion and admit guilt to resolve investigations into its...