CAIRO – Remittances from Egyptian expatriates increased by about $4.6 billion (21.1 percent) during fiscal year 2017/2018, the Central Bank of Egypt (CBE) said on Thursday....
DURBAN – Mr Price’s total retail sales, including sales to franchisees, grew by 6.5 percent to R6.9 billion for the four months to August 4, boosted by Milady’s...
CAIRO – 29 August 2018: The International Finance Cooperation (IFC) supported the Middle East and North Africa’s private sector, boost innovation, drive economic growth, and create...
Kenya surpassed its domestic borrowing target by $250 million in the first half of the year as the government sought more funds for budgetary support. The...
For the first and second quarters of 2018, the Nigerian economy experienced turbulence, which analysts have already described as similar to the period prior to recession....
CAIRO: Trade and Industry Minister Amr Nasar and Investment and International Cooperation Minister Sahr Nasr discussed with representatives of Philips international company in Egypt the future...
The Federal Government has flagged off the rehabilitation of the 122 kilometre Mayo Belwa-Jada-Ganye-Toungo road in Adamawa which will cost N22.7 billion. Mr Babatunde Fashola, (SAN)...
CAIRO – 25 August 2018: Trade exchange between China and African states increased 14 percent year-on-year in 2017, registering $170 billion, minister counselor for economic affairs...
In another major round of interventions, the Central Bank of Nigeria (CBN), on Thursday, August 23 and Friday, August 24, 2018, injected a total sum of...
Trading activities on the Nigerian Stock Exchange (NSE) sustained a postive growth on Friday, with Dangote Cement leading the gainers’ table for the second consecutive day....
The soaring export of North African country, Egypt, has triggered a trade surplus exceeding $2.35 billion with 19 countries, including 14 Arab and five foreign countries,...
President Muhammadu Buhari will on Tuesday, next week inaugurate the $250million state-of-the-art International Breweries in Ogun State. The brewery, said to be the biggest in West...
There is one in three chance of South Africa’s economy skidding into recession this year, a Reuters poll of economists has indicated. This is against the...
The total loans granted by Nigerian banks to the private sector declined by N600.60bn, from N16 trillion in the first quarter of 2017 to N15.34 trillion,...
South African President Cyril Ramaphosa has called on the 16-member states of the Southern African Development Community (SADC) to focus on developing skills in agro-processing, mineral...
The 3rd Annual Maritime Conference holding in Lagos has unveiled that Nigeria controls 70 per cent of the economies of West and Central Africa. The conference...
The trade volume between India and Nigeria hit 12 billion dollars between April 2017 to March 2018, Indian High Commissioner to Nigeria, Nagabhushana Reddy, has said....
The multimillion dollar floating dockyard owned by the Nigerian Maritime Administration and Safety Agency (NIMASA) which arrived the country recently will save the country millions of...
INTERNATIONAL – Uganda’s central bank maintained its key interest rate at a record low as it seeks to balance rising inflation and the need to encourage economic...
The report released by the National Bureau of Statistics in March reveals that Nigeria’s Ports dropped in global ratings basically due to bad infrastructure. “Interestingly, major...
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