Business

Tue,18Sep2018

Business

Nigeria's parliament aims to pass major oil reforms by July

Nigeria President Muhammadu Buhari, waves after a meeting in Abuja, Nigeria, Monday, Jan. 9, 2017.Photo: Azeez Akunleyan/AP/SIPANigeria's parliament aims to pass a long-delayed bill to overhaul the oil sector by the end of July, Senate President Bukola Saraki told Reuters.

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South Africa will struggle to close revenue gap - Treasury official

April 17, 2017, South Africa's President Cyril Ramaphosa during his meeting with Britain's Prime Minister Theresa May at 10 Downing Street in central London. Photo: Daniel Leal-Olivas/AP/SIPASouth Africa will struggle to raise the tax revenues needed to reduce a budget deficit and support fragile economic growth due to ongoing problems in tax administration, the National Treasury's Director General Dondo Mogajane said on Wednesday.

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Ghana's Cocobod seeking $1.5 bln from China's Eximbank

May 31, 2011: farmer Issiaka Ouedraogo, seen through the leaves of cocoa trees, lays cocoa beans out to dry on reed mats, on a cocoa farm outside the village of Fangolo, near Duekoue Ivory Coast. Photo: Rebecca Blackwell/AP/SIPAGhana's Cocobod is seeking up to $1.5 billion from China's Eximbank to improve farms and install irrigation systems and other projects, the regulator's chief executive Joseph Aidoo said on Wednesday.

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Kenya private sector activity jumps in April - Markit

Kenya's President Uhuru Kenyatta, left, shakes hands with opposition leader Raila Odinga, right, in Nairobi, Kenya, March 9, 2018. Photo: Brian Inganga/AP/SIPAKenya's private sector activity jumped in April, continuing its recovery after months of slowdown last year due to a prolonged and volatile election period, a survey showed on Friday.

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Barclays Africa fires KPMG as auditor

 Photo: Seth Wenig/AP/SIPABarclays Africa Group, South Africa's second-biggest lender by market value, dropped KPMG as its joint auditor on Thursday, joining a host of local clients breaking ties with a company caught up in scandals.

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U.N. appeals to support Somali's renewable energy initiative

A woman sells coal in Mogadiahu Photo: Farah Abdi Warsameh/AP/SIPASomalia is taking new steps to invest in renewable energy sources after years of conflict have led to serious depletion of the country's natural resources.

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Former Liberian President Ellen Johnson Sirleaf receives Africa leadership award

Ex President of Liberia, Ellen Johnson-Sirleaf addresses the 72nd session of the United Nations General Assembly, at U.N. headquarters, Sept. 19, 2017. Photo: Richard Drew/AP/SIPAFormer Liberian President Ellen Johnson Sirleaf accepted the 2017 Mo Ibrahim Prize for Achievement in African Leadership at a special Leadership Ceremony in Kigali, Rwanda on Friday (April 27).

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