Hope seen for cheaper funds as Nigeria keys into IMF data transparency standards
Steve Omanufeme
July 7, 2017
There are hopes for Nigeria and other emerging market economies that are transparent with their data to borrow cheap from
IMF warns South Africa over economy’s vulnerability
Businessam StaffJuly 7, 2017
The International Monetary Fund warned South Africa Thursday over extreme vulnerability of the country’s economy to external
Congo faced with economic crisis requests financial support from donors
Businessam StaffJuly 7, 2017
Democratic Republic of Congo’s government has formally requested financial support from international donors as it confronts a
Erin Energy announces farm-out deal approval with FAR in The Gambia
Businessam StaffJuly 6, 2017
Erin Energy Corporation has announced that the Government of the Republic of The Gambia has approved the farm-out agreement with FAR
ECOWAS urges members on creating enabling environment to improve mining
Businessam StaffJuly 6, 2017
The ECOWAS Federation of Chambers of Mines (EFEDCOM) has called on West African countries to create enabling environment with adequate
One of Africa’s wealthiest cities also has some of the cheapest rents in the world
Businessam StaffJuly 5, 2017
People flocking to South Africa’s economic hub are likely to find some of the world’s cheapest rents. An average family living in
Morocco secures $25 million Clean Technology Fund loan for hybrid solar project
Businessam StaffJuly 4, 2017
Morocco has received approval for a $25 million loan from the Climate Investment Funds’ Clean Technology Fund (CIF CTF), according to
Afreximbank announces global facility to bolster intra-African trade
Businessam StaffJuly 4, 2017
In a bid to build robust domestic and continental supply chains and facilitate seamless flow of goods and services across Africa’s
Tony Elumelu: Demystifying African business myths
Businessam StaffJuly 4, 2017
I was delighted to speak on the VIP panel alongside my big brother, Mo Ibrahim, at the ‘Promoting Business Growth in Africa Forum’ in
Libya oil output at 4-year high loosens OPEC grip on supply
Businessam StaffJuly 3, 2017
Libya’s oil production has climbed to more than 1 million barrels a day for the first time in four years, further complicating OPEC’s