FINANCE & ECONOMY

October 15, 2018

Obasanjo, Jeffrey Sachs, Afreximbank propose Africa Education Fund

Former Nigerian President Olusegun Obasanjo and development economist Jeffrey Sacks have over the weekend in Bali, Indonesia, called for the establishment of an Africa fund for education as they delivered the second Babacar Ndiaye Lecture in Bali, Indonesia.

The"...

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October 15, 2018

Canada’s B2Gold interested in Barrick Gold’s West African Assets

Canada’s B2Gold CEO, Clive Johnson said the company is interested in any West African assets that Barrick Gold may put up for sale after its acquisition of Randgold Resources. In an interview, Johnson said B2Gold, whose stock rose 3 percent following better than expected quarterly"...

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October 15, 2018

Plans to mechanize agriculture in Africa

Sustainable agricultural mechanization for food self-sufficiency in Africa, this is the new joint plan set up by the African Union and the Food and Agriculture Organization of the United Nations.

Doubling agricultural"...

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October 15, 2018

AURAK Holds 7th Commencement Ceremony for Graduates

The American University of Ras Al Khaimah (AURAK) hosted their 7th Commencement Ceremony in the presence of Ras Al Khaimah’s Crown Prince, Sheikh Mohammed bin Saud bin Saqr Al Qasimi, and Her Excellency Sheikha Lubna Bint Khalid Al Qasimi.

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October 15, 2018

DEWA organises 20th WETEX & 3rd Dubai Solar Show from 23-25 October 2018

In a press conference held in Dubai, HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA) announced details of the 20th Water, Energy, Technology, and Environment Exhibition (WETEX 2018) and the 3rd Dubai Solar"...

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October 14, 2018

Numsa hits back plastic industry 'tactics'

JOHANNESBURG – The National Union of Metalworkers of SA (Numsa) has issued a statement condemning what it terms the intimidatory tactics of the plastics industry.

In a statement on Saturday morning, Numsa"...

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October 14, 2018

Moody’s holds back on SA ratings

CAPE TOWN – Rating agency Moody’s Investors Services did not release it ratings statement on Friday, which was widely extected to retain South Africa’s investment grade status.

The market has"...

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October 14, 2018

France allocates 650,000 Euros for UN electoral project in Libya

The French embassy in Libya announced Friday the allocation of six hundred and fifty thousand euros to contribute to the UN electoral project in Libya, which is entitled 'To Promote Elections For The Libyan People'.

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October 14, 2018

Governor of CBL: Libya lost $48 billion in last 4 years

The governor of the Central Bank of Libya (CBL) Al-Siddiq Al-Kabeer said Libya had lost 48 billion dollars in the last four years, telling Global Finance magazine that Libya’s revenues dropped from $53.2 billion in 2012 to just $4.6 billion in 2016.

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October 14, 2018

Libyan-Egyptian businesspersons gathering proposes resuming flights and trade

The Libyan-Egyptian businesspersons gathering has recommended easing visa requirements for Libya and Egypt's citizens, opening borders and airports for travel and flights by permitting Egyptian and Libyan airliners to have flights in Libyan and Egyptian airports alike.

The"...

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