Ecobank Transnational Incorporated (ETI) is set to expand its branch network to Democratic Republic of Congo (DRC), Gabon, Kenya and Burundi before the end of the year as part of its strategy of becoming truly a pan African bank, according to the Bank Group's
Egypt's landline operator Telecom Egypt (TE) said in a sta tement Wednesday that they will help construct a US$ 700 million undersea cable s ystem that links Europe, the Middle East and India. The deal is part of a global consortium.
The president of the African Development Bank (AfDB) G roup, Donald Kaberuka, Sunday met with Algerian Prime Minister Abdelaziz Belkhad e m, according to a government statement received here
A UK-based charity has warned that the controversial Economic Partner Agreements (EPAs) will hurt the poor in the African, Caribbean and Pacific (ACP) countries.
Civil Society groups on Mond ay told the UN Conference on T rade and Development (UNCTAD) to focus on topical issues affecting the world.These include the food crisis; finance and development; climate change; migratio n; trade agreements
The Democratic Republic of Congo requires US$14 billion to provide necessary infrastructure in various sectors of the economy, according to Planning Minister Olivier Kamitatu. Speaking in Kinshasa Thursday, at the official launch of the programme
The continued increase in the prices of foodstuffs in Egypt has sparked worries by concerned citizens of the North African nation.In recent months, the prices of milk, rice, sugar and a number of other essentials have been on the upward swing
African Development Fund (ADF), the concessional lending arm of the African Development Bank (AfDB) Group, is to give loans and grants totaling 167.8 million Units of Account (UA), about US$263.76 million, to Kenya, Madagascar and the Gambia
The President of the African Development Bank Group, Donald Kaberuka, has emphasized the importance of hydro-energy to Africa's sustainable development.
Yar'Adua assured leaders of the country's organized private sector that his administration would soon present a bill to the National Assembly for the positive reformation of tax administration
John Agyekum Kufuor has asked US companies to increase their investments in Africa beyond agriculture, processing, manufacturing and tourism to assist in technology transfer and build the continent’s economic capacity
Experts from seven West African countries and international organisations began a three-day meeting Monday in Accra to tighten the noose on money laundering and terrorist activities