The gold continent’s richest
By Amira Elhamy
Africa, or the gold continent is, in fact, extremely resource rich; it is a main attraction for investors and businessmen from all...
Tanzania’s railway network to serve East and Central Eastern Africa
A drive to improve Tanzania’s transport infrastructure is gathering momentum, with billions of dollars of funding being put towards the development of the country’s...
Oil rises amid volatility as Opec meets
Oil rallied on Monday as the world’s largest producers gathered in Algeria to discuss ways to support the market, with nervous trade driving volatility...
IFC invested $ 1.3bn in the Middle East and North Africa
The International Finance Corporation, a member of the World Bank Group, it provided more than $ 1.3 billion in the Middle East and North...
Barrick and Tanzania sign pact
Half of Acacia Mining’s profits from its gold operations in Tanzania could be shared with the country, according to an agreement between the company›s...
Nigeria-Benin Rail Line Underway
A standard gauge rail line stretching from Parakou in Benin Republic will terminate in Ilorin, central Nigeria, upon completion, as part of a budding...
Africa’s biggest bank names Tshabalala as first sole black CEO
Standard Bank Group Ltd. appointed Sim Tshabalala as sole chief executive officer, ending a dual role he shared with Ben Kruger, and making him...
The economic aspect of Senegal
Background:
Senegal is one of the most stable countries within Africa. It has actually significantly strengthened its democratic institutions since its independence from French...
Tanzania: Dar Seeks 2tri/ – Development Funding From World Bank
BY: Ahmad Abu el-Hamd
Tanzania's government is seeking a 785 million US dollar (over 1.7tri/-) soft loan from the World Bank to execute development projects...
Microsoft and Ecobank to Drive Digital Transformation in Africa
Microsoft, the leading platform and productivity company for the mobile-first, cloud-first world and Ecobank Transnational Incorporated, parent company of pan-African banking group Ecobank today...
Nigeria Loses Africa’s ‘Biggest Economy’ Title
As oil rates plunge amid a tragic lack of security in the south, a massive humanitarian crisis in the north and a major power...