AfDB’s president begins visit in South Africa
The African Development Bank (AfDB) Group President, Dr Akinwumi Adesina, begins a three-day official visit to South Africa (SA) in...
Foreign
Africa Forum mobilises fund for Abidjan-Lagos highway project — AfDB
The Africa Development Bank (AfDB) has reported that the Africa Investment Forum is catalysing financing for the Abidjan-Lagos highway project....
Cryptocurrency scares Kenya
The Governor of Central Bank of Kenya (CBK), Patrick Njoroge, has expressed fears over the popularity of cryptocurrency and warned...
China Audi’s biggest single market in 2021
German automaker Audi recently released its annual report, which indicates that China remains its biggest single market. It said its...
Hisense signs intelligent transportation agreement with Ethiopia
Hisense TransTech Co., Ltd. (Hisense) has concluded an intelligent public bus transportation agreement with the city administration of Addis Ababa...
China Merchants Bank profit hits 23% in 2021
China Merchants Bank, one of the largest lenders in China, posted net profit growth of 23.2 per cent in 2021....
China’s benchmark interbank gold prices higher
China’s benchmark prices for spot interbank gold transactions were higher Monday, according to the China Foreign Exchange Trade System. The...
France freezes €850m of Russian assets
France has frozen and seized assets of Russian oligarchs to the tune of around 850 million euros (938 million dollars)....
Afreximbank agrees to raise $207m facility with NEXI
African Export-Import Bank (Afreximbank) has announced the finalisation of a 207 million dollars facility granted by Nippon Export and Investment...
Nigeria commits to attracting more investors in power sector
The Minister of Power, Mr Abubakar Aliyu has retirated the Federal Government’s willingness to welcome more investors in the power...
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