Nigerian Economy Rises 6.2% in Q1 Buoyed by Agriculture Sector
Nigerian economy rose by 6.2 percent in the first quarter of this year, up from 4.6 percent in the same period last year, but slowed down a bit compared to the 6.7 percent it registered in the last...
View ArticleNigerian Insurance Companies To Introduce Terrorism Cover
From ThisDay via AllAfrica The Commissioner for Insurance, National Insurance Commission of Nigeria (NAICOM), Mr. Fola Daniel, has said that terrorism insurance would soon be introduced in the country....
View Article10 Cocktails To Make You Look More Sophisticated
The Singapore Sling is a Southeast Asian cocktail developed back in the early 1900s, and is seriously delicious. Though it’s got more ingredients than most – gin, cherry liqueur, cointreau, grenadine,...
View ArticleIvory Coast Dollar Denominated Bond Oversubscribed Six Folds
Ivory Coast dollar denominated bond was oversubscribed six folds during its sale this week, Citigroup, which was one of the lead managers of the offer, told Reuters on Thursday. The west African...
View ArticleNigerian President Wants $1 Bln Foreign Loan To Fight Boko Haram
Written by Camillus Eboh | From Reuters Nigerian President Goodluck Jonathan on Wednesday sought approval from parliament to borrow up to $1 billion abroad to help the armed forces tackle the security...
View ArticlePeace Negotiation Attempts Follow Terror Progress in Mali
On July 16, Malian authorities met rebels in Algeria to discuss the peace process, which is supposed to lead the West African country towards a long-term security situation, and a plan to combat...
View ArticleMIT Startup Creates Franchise Opportunity for Sanitation Entrepreneurs
Written by Kareya Saleh | From Beta Boston While we fret over our first-world problems, there are nearly 2.5 billion people without access to something we’ve long taken for granted in the United...
View ArticleUnited Nations Says End of AIDS May Come by 2030
From Seychelles News Agency via Agence France-Presse Global AIDS-related deaths and new HIV infections have fallen by over a third in a decade, raising hopes of beating the killer disease by 2030, the...
View ArticleMilitant Attacks Leave 14 Soldiers Dead in Tunisia
Written by Tarek Amara | From Reuters At least 14 Tunisian soldiers were killed when dozens of gunmen with rocket-propelled grenades attacked two checkpoints in the remote Chaambi mountains, one of the...
View ArticleFrench Food Group Danone Buys 40% Stake In Kenyatta’s Dairy Firm
Reuters reported on Friday that French food group Danone was planning to buy a 40 percent stake in East Africa’s top dairy firm Brookside at an undisclosed amount as part of its plans to expand in new...
View ArticleAFKI Commodities Report: Libyan Supply Prospects Pressure Brent Crude
The prospect of increased Libyan supplies pressures crude prices while palladium rallies further on new sanctions against Russia. Gold dips to near a four-week low before rebounding. Among softs, raw...
View ArticleSierra Leone Customs Tariffs Hike Incites Shop Owner Demonstration
Written by Betty Milton | From Awoko Most shops in central part of Freetown were yesterday shut down as a sign of demonstration for the alleged drastic increment in customs duty for imported goods....
View ArticleMost Expensive Celebrity Weddings of All Time
Prime minister of the United Arab Emirates and king of Dubai, Sheikh Mohammed bin Rashid al Maktoum married his senior wife, Sheika Hind Bint Maktoum, in 1979 in possibly the most lavish wedding...
View ArticleFoods That Should Never Have Been Discontinued
Ben & Jerry’s Tennessee Mud Ice Cream was available for just one year between 1988 and 1989. It was coffee-flavored, included amaretto, Jack Daniels whiskey and roasted almonds, and was heavenly...
View ArticleUSA Men’s National Basketball Team To Visit Senegal
From SuperSport.com. Senegal, Angola and Egypt will represent Africa at the 2014 International Basketball Federation FIBA World Cup, scheduled for Aug. 30 through Sept. 14 in Spain. The event features...
View ArticleThe Risk Behind Mauritius’ Pension Schemes
While public sector pension schemes are regulated by the government, industry executives hope that newly implemented legislation will put more trust in privately managed fund models. According to a...
View ArticleIs Africa The Final Frontier For The World’s Auto Manufacturers?
Nissan has an auto assembly plant in Nigeria. General Motors, Volkswagen and Toyota, the world’s three largest carmakers by global sales, have plants in South Africa. Renault is building cars in...
View ArticleAfrican Art Thriving, Doing Well At Auction In Diaspora
If the Gallery of African Art on London’s Cork Street in Mayfair is any indication, African contemporary art is booming, BBC reports. Opposite the Burlington Arcade in the heart of the art...
View ArticleSamsung To Open Plant In Durban Special Economic Zone
From BusinessWeek. Samsung Electronics Co., the world’s largest smartphone maker, will open a plant in South Africa, a Trade and Industry Department official said. The company said it will make an...
View ArticleTripartite Nile Dam Talks to Resume in August
From Ahram Online Representatives from Egypt, Ethiopia and Sudan will meet in Khartoum in mid-August to discuss Ethiopia’s ongoing Nile dam project, a source in Egypt’s irrigation ministry told...
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