Friday, 20 July 2018

Category: Markets

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ECOWAS leaders agree to fast-track common currency plan

ECOWAS leaders agree to fast-track common currency plan

ECOWAS leaders have devoted to fast-track measures leading to the creation and use of a single currency for the economic bloc by 2020. At the Fourth Meeting of the Presidential Ta ...

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Zimbabwe is second African country to license marijuana farming

Zimbabwe is second African country to license marijuana farming

Zimbabweans can now apply for licences to grow cannabis for medical and research purposes, the government has said in a legal notice, making the southern African nation the second ...

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Debut Africa Blue Economy Forum Announced

Debut Africa Blue Economy Forum Announced

The first Africa Blue Economy Forum (ABEF) is to be held in London on 7-8 June 2018, to coincide with World Oceans Day. More than 150 delegates and speakers are expected to attend ...

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She Leads Africa Accelerator 2018 set to provide training and funding for women led technology enabled businesses

She Leads Africa Accelerator 2018 set to provide training and funding for women led technology enabled businesses

Applications are now open for the She Leads Africa Accelerator 2018, a 3-month program designed to identify, support and fund the next generation of Nigeria’s brightest entreprene ...

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BMW reveals production plans for Africa

BMW reveals production plans for Africa

Global premium vehicle manufacturer BMW, which has production plants in Africa in South Africa and Egypt, anticipates having another plant in sub-Saharan Africa within the next 10 ...

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Africa infrastructure fund raises $385m in new capital

Africa infrastructure fund raises $385m in new capital

The Emerging Africa Infrastructure Fund (EAIF) on Tuesday announced that it has successfully completed its latest fundraising round, raising U.S.$385 million in new long-term debt ...

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Telkom Kenya and Airtel plan merger to take on Safaricom

Telkom Kenya and Airtel plan merger to take on Safaricom

Telkom Kenya plans to merge operations with Indian-owned Bharti Airtel’s local unit as a first step to acquiring all of Airtel’s assets, sources said on Tuesday, creating a strong ...

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Barclays Africa to split into 4 units

Barclays Africa to split into 4 units

Barclays Africa Group Ltd., South Africa’s third-biggest bank, will split into four operating units as the lender outlines its growth strategy after the sale by its U.K. parent. T ...

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Morocco rated most attractive investment destination in Africa

Morocco rated most attractive investment destination in Africa

Morocco has been named the most attractive investment destination in Africa, followed closely by Egypt and Algeria. According to the latest Africa Investment Index 2018 by Quantum ...

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Ramaphosa wants to open SA market for African business

Ramaphosa wants to open SA market for African business

President Cyril Ramaphosa has urged citizens to look at foreigners coming to South Africa in a positive way and not as people who come to steal their jobs. President Cyril Ramapho ...

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