MTN Nigeria is discussing its planned listing in Lagos and its business plan at a board meeting on Wednesday, a company source told Reuters.
Africa’s biggest mobile phone operator had planned to list its Nigerian unit in 2017, as part of an agreement with the Nigerian government, but it delayed...
Africa cannot depend on others to finance education on the continent when it has the wherewithal to do so, President Nana Addo Dankwa Akufo-Addo has said.
He said Africa has the resources and capacity to finance access to quality education of its citizens, and also promote the continent’s interests.
"If we...
London's benchmark share index, the FTSE 100, has fallen 1% amid signs of greater volatility on the financial markets.
The fall comes after sharp losses for US shares on Friday, when the Dow Industrials lost 2.5%.
That was the biggest one-day loss since June 2016.
On Friday the markets were spooked by...
Botswana’s economy is projected to expand at a faster pace this year compared to last year as the mining sector benefits from a recovery in the global economy, Finance Minister Kenneth Matambo said on Monday.
Presenting the 2018 budget to parliament, Matambo said GDP growth was projected at 5.3 percent...
Nigeria will consider raising $2.5 billion through Eurobonds in the first quarter to refinance a portion of its domestic treasury bill portfolio at lower cost, the head of the Debt Management Office told Reuters last week Thursday.
Patience Oniha said the country will also try to get back into the...
Contrary to fears that immigrants steal jobs and threaten security, a report released on Wednesday said newcomers boost developing economies and could be far more of an asset than a drain.
“Most developing countries can benefit from immigrants,” said the joint report by the Organisation for Economic Cooperation and Development...
Ouided Bouchamaoui, the 2015 Nobel Peace Prize Co-Laureate, has warned that Africa’s growing youth population could be a plus for Africa or a political time-bomb. This, according to her, depends on how leaders anticipate the future.
In remarks she made at the African Development Bank’s Eminent Speaker Series seminar on...
Optimism in global economic growth reaches record level and rises in all countries
US reinforces its lead on China as a target market for growth in 2018
Over half of CEOs expect their headcount to increase
Terrorism, geopolitical uncertainty, cyber and climate change rise as threats to growth
A...
Kenya’s central bank governor said on Tuesday the country’s interest rate cap was holding back the economy, but still forecast that growth would speed up to 6.2 per cent in 2018.
Patrick Njoroge told reporters in Nairobi that the forecast could go higher in the event of a supportive fiscal...
Egypt’s economy will grow 4.2 percent in the fiscal year that began in July, well below government projections of 5.3-5.5 percent, economists said in a Reuters poll published on Tuesday.
The economy has struggled since the 2011 uprising against Hosni Mubarak drove tourists and foreign investors away, but sweeping reforms...