Business

Thu,20Sep2018

Business

ETHIOPIA | The quest for fertile ground

Fertiliser use has shot up, and with it productivity -  Credits: Edwin Remsberg/Getty Images

In order to boost the livelihoods of Ethiopia’s smallholder farmers, the government is getting serious about launching the local production of fertiliser

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Africa's richest man arranges $4.5 bln of financing for oil refinery

Oct. 8, 2012:  Nigerian billionaire businessman Aliko Dangote attends a global business environment meeting in Lagos, Nigeria. Photo:Sunday Alamba/AP/SIPAAfrica's richest man, Aliko Dangote, has arranged more than $4.5 billion in debt financing for his Nigerian oil refinery project and aims to start production in early 2020, he told Reuters.

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Amazon expands in Cape Town, stepping up cloud rivalry with Microsoft

The Amazon logo is displayed, Tuesday, Oct. 31, 2017 in New York. Photo: Mark Lennihan/AP/SIPAmazon.com Inc is expanding its presence in the emerging tech hub of Cape Town, upping the ante in its regional battle with cloud computing rival Microsoft Corp.

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S Africa ready for BRICS Summit 2018

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's foreign ministry said the country is ready for the 2018 BRICS summit that begins here on Wednesday.

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AGRIBUSINESS | A caffeine kick

A woman processes coffee beans in Kisoro - Credits: Jiro OSE/REDUX-REA

While the world keeps refilling its coffee cup Africa hasn’t kept up. Now farmers and policy-makers are focusing on this potential cash-crop dynamo with schemes to boost exports and strengthen processing capacity on the continent

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Nigeria central bank asks lenders to bid for Chinese yuan -traders

People walk past a mural displaying world currency symbols on the outside of a bank in Beijing, Friday, July 20, 2018. Photo: Mark Schiefelbein/AP/SIPANigeria's central bank asked lenders on Friday to submit bids for the Chinese yuan, traders said, in the first auction after it agreed a $2.5 billion swap with its Chinese counterpart in May.

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Yinka Sanni: We will facilitate business with China

Yinka Sanni - all rights reserved
The Nigerian bank is leveraging the Chinese stake in its parent company to be the go-to bank for business with the Asian country with its Africa China Banking Centre

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