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WB report says global economy to grow by 3.3%

The global economy is likely to grow 2.9 per cent to 3.3 per cent in 2010 and 2011, the World Bank said ...
Africa

Kenya battles huge budget deficit to boost economic recovery

Kenyan Finance Minister Uhuru Kenyatta, managed to craft near-trillion shilling budget (US$ 12 billion), giving priority to infrastructure ...
Africa

WB to grant Mali 80b CFA francs for agriculture

The World Bank (WB) will grant Mali 80 billion CFA francs (about US$ 160 million) to increase productivity by family farms ...
Africa

Zim firm becomes largest shareholder in Botswana hotel group

A Zimbabwean company has become the largest shareholder in Botswana's biggest hotel group, Cresta Marakanelo, documents ...
Africa

African airlines back to US$100m profitability

African airlines are expected to return to profitability this year, for the first time in eight years, despite earlier predictions that losses ...
Africa

Kenya shilling plunges further to record 5-year low

The Kenyan shilling slipped further against the US dollar at the opening of the currency markets Monday, continuing on a record ...
Africa

Zimbabwe miner plans US$ 500 million public offer

A Zimbabwean platinum miner has said it plans to raise US$ 500 million through an Initial Public Offer (IPO) of its shares on the dome ...
Africa

Apex bank intervenes to save Sudanese Pound

Sudanâ?s Central Bank said Thursday that it intended t o continue its actions in the financial markets to save the Sudanese ...
Africa

Dutch entrepreneurs say Angola safe for investments

Dutch entrepreneurs on Tuesday in Lobito City, central B enguela Province of Angola, said the city is a safe for all types of investments ...
Africa

Kenya Shilling slides further against US dollar

The Kenya Shilling continued to weaken against the world 's major currencies, especially the US dollar and the Pound Sterling, ...
Africa

Sudan seeks French support for debt cancellation, ICC

Sudanese delegates to the 25th France-Africa Summit are seeking French support for Sudan’s quest for debt cancellation and ...
Africa

WB gives US$300m for green energy projects in Kenya

The World Bank said Monday it had approved US$330 millio n for Kenya to expand electricity access and deepen investment in green energy ...
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