Financial

Strong economic growth draws FDI to East Africa

Strong economic growth draws FDI to East Africa

Sustained strong economic growth among East Africa Community states is drawing greenfield investments, a new report shows. The report by audit firm Ernst & Young (EY) states tha…...

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MIE GROUPS signs MoU with Made in Africa Initiative to form a strategic partnership

MIE GROUPS signs MoU with Made in Africa Initiative to form a strategic partnership

Dubai-based consultancy and event organizer MIE Groups, the firm behind the successful China Trade Week (CTW) series across the Middle East and Africa and Made in Africa Initiative …...

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Morocco’s International Currency Reserves Up 2.5% From Last Year

Morocco’s International Currency Reserves Up 2.5% From Last Year

Rabat – Morocco had 2.5% more in total international reserves as of August 23 than it did at the same time in 2018.Morocco’s central bank, Bank Al Maghrib, reported that the count…...

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China invests $16 Billion in Nigeria's oil sector

China invests $16 Billion in Nigeria's oil sector

ENUGU, NIGERIA - Chinese investment in Nigerias oil and gas industry has reached $16 billion, according to Nigerias state-run oil company. While Nigerias oil industry welcomes China…...

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Stanbic to aid traders pay and source imports in deal with Chinese

Stanbic to aid traders pay and source imports in deal with Chinese

Stanbic Bank has inked a deal with a Chinese trade agent to ease the process of sourcing and paying for imports from the Asian economy for its customers.The bank said Wednesday Zhe…...

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