Business

Wed,23Aug2017

Business

Press Release: AITEO invests in Nigerian Soccer

EKO CONVENTION CENTRE, Logos

LAGOS. 26/04/2017 AITEO GROUP INVESTS N2.5B IN THE DEVELOPMENT OF NIGERIAN SOCCER.

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South African parliament joins legal bid to quash call to change central bank's mandate

Speaker Baleka Mbete is in support of the South African Reserve Bank's legal bid to quash the recommendation. Photo: Nic Bothma/AP/SIPAThe South African parliament has filed papers in court challenging the anti-graft watchdog's proposal that the central bank be forced to change its economic mandate, it said.

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Kenya to add value to gems and precious metals

A miner carrying rocks containing Tsavorite as mine owner Campbell Richard, left, looks on, Kenya, April 6, 2006. Photo:RODRIQUE NGOWI/AP/SIPAKenyan traders in gems and precious metals will begin exporting finished products after the government said it has put up a value addition center in the south of the country.

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China, France eye Gambian port upgrade to rival Dakar

 A ferry bringing back people  arrives at the port in Banjul, Gambia, Jan. 21, 2017. Photo: Jerome Delay/AP/SIPAChinese and French companies are bidding to help Gambia build up its Atlantic port Banjul to be what industry sources say could be a rival to neighbouring Senegal's Dakar.

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African visitors driving growth in tourism sectors on the continent, UNCTAD

In this photo taken Aug. 24, 2014, people look out to the ocean as the sun sets over the promenade in Cape Town, South Africa.Photo: Schalk van Zuydam/AP/SIPATourism is fueling economic growth in many African countries and Africans themselves are increasingly the ones driving the demand, a United Nations Conference on Trade and Development (UNCTAD) report said.

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South Africa's business confidence recovers from 7-month low

A worker at the Stock Exchange in Johannesburg, South Africa on April 4, 2017. Photo: Denis Farrell/AP/SIPASouth Africa's business confidence recovered from a seven-month low in June as a recovery in the rand the previous month helped boost export volumes and as imports of merchandise increased, a survey showed on Thursday.

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Congo's Inga 3 hydro project start-up delayed until 2024/25: govt

In this June 2016 file photo, Congolese President Joseph Kabila, center, in Kindu, Congo. Photo: John Bompengo/AP/SIPADemocratic Republic of Congo said late on Monday that its Inga 3 hydroelectric project is not expected to begin producing power until 2024 or 2025, not 2020 or 2021 as originally planned.

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