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Strong local presence key to long-term successful investment in Africa – says KPMG

Investment-hungry Africa has become one of the fastest growing regions in the world and is now firmly 

South Sudan becomes IMF’s 188th member

The Republic of South Sudan joined the International Monetary Fund (IMF) on Wednesday when its Finance and Economic Planning Minister, Kosti Manibe Ngai

Electricity demand in Botswana to record ‘compound annual growth rate’

Electricity demand in Botswana is projected to grow at a compound annual growth rate (CAGR) of 4.6 per cent from 2011 to 2020, following robust economic

Multinational oil giant to invest in Nigeria power sector

One of the leading multinational oil companies, Total Upstream Companies, has expressed its readiness to invest in Nigeria's power sector and participate in 

American Jim Yong Kim is new World Bank President

US candidate Jim Yong Kim was selected Monday as the new President of the 187-member World Bank, continuing a tradition in which the US has presided over the Bank since it was established

Nigeria’s candidate for WB presidency congratulates victorious opponent

Nigeria's Finance Minister Ngozi Okonjo-Iweala, who lost the contest for the World Bank presidency to US candidate Jim Yong Kim on Monday, has congratulated

Committee wants Nigeria’s anti-corruption agencies, others merged

 A committee set up to reform Nigerian government agencies has recommended the scrapping of some agencies and the merger of others, including the two main anti

African Banker Awards to be held on the continent for first time

The organizers of the African Banker Awards have announced that the 2011 Awards ceremony will be held in Africa, marking the first time the ceremony will be held

Nigeria’s apex bank gives 175b naira credit to farmers

 Some 272 farmers under the Commercial Agriculture Credit Scheme (CACS) as at March

ASECNA signs air safety agreement with South Sudan

The Agency for Air Traffic Safety in Africa and Madagascar (ASECNA) and the government of South Sudan on Wednesday signed a partnership and assistance

Rising energy costs may force more industries to collapse in Nigeria

Rising energy costs due to worsening electricity supply may force more industries in Nigeria to collapse, the Lagos Chamber of Commerce and Industry (LCCI)

Nigeria going broke as oil savings drop – Minister

Nigeria's oil savings, which is known as the Excess Crude Account (ECA), have been massively depleted
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