World Bank has extended a KSh390 million facility to 14 firms in 14 counties, seeking to use solar energy to light up areas not on the national grid, and benefitting …
INVESTMENT
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BusinessEconomyGlobal NewsINVESTMENT
Government To Implement AfCFTA Strategy To Boost Country’s Trade
The government has embarked on a sensitization campaign countrywide to create awareness amongst the business community on the opportunities offered by the African Continental Free-Trade (AfCFTA) and how to exploit …
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BusinessEntrepreneurshipINVESTMENTManufacturing & Consumer Goods
Tanzania hits traders with nearly double export fees
Tanzania has doubled the cost of export permits by 93 percent, a move likely to open another round of trade dispute between Nairobi and Dar es Salaam. The authorities in …
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BusinessINVESTMENTTransportation & LogisiticsWestern Africa
FAAN proposes Aviation City in Abuja to investors
FAAN, The Federal Airports Authority of Nigeria is wooing investors to its proposed aviation city in Abuja, which will sit on an estimated 12,000 hectares of land around the Nnamdi …
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Investors’ shares in the Nigerian stock market rose by N158bn last week as 29 firms recorded price appreciation.The All-Share Index of the Nigerian Exchange Limited and market capitalisation increased by …
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AfricaBanking, Finance & InvestmentBusiness and EconomyEconomyINVESTMENTNewsNigeriaWestern Africa
Banks reward savings accounts with 1.28%, lending hits 26.61%
The gap between the savings and lending rates in banks widened by 25.33 per cent in March, according to figures obtained from the Central Bank of Nigeria. Latest figures obtained …
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Information & TechnologyINVESTMENTSouth AfricaSpotlightTechnology
Vodacom’s thirst for expansion worries investors
Some market players question the group’s ability to manage all of this investment, as a portion of it would require funding through debt An increase in deal activity at Vodacom …