LAGOS, Aug 31 – Nigeria’s Dangote Petroleum Refinery is considering restricting the sale of Premium Motor Spirit (PMS) to fuel marketers that …
Emmanuel Ebube
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CAIRO, Aug 31 – Egypt has approved a $1.2 million grant from the European Investment Bank to support improvements at three wastewater …
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JOHANNESBURG, Aug 31 – South Africa’s state power utility Eskom reported its second consecutive annual profit as improved operational performance, higher electricity …
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KAMPALA, Aug 29 – Marriott, the world’s largest hotel company with more than 1.8 million rooms, has expanded its presence in Uganda with …
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Economy
Ramaphosa Says Infrastructure Investment Is Key to South Africa’s Growth and Regional Integration
JOHANNESBURG, Aug 29 – President Cyril Ramaphosa has placed infrastructure investment at the centre of South Africa’s strategy to accelerate economic growth, …
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LAGOS, Aug 29 – Moody’s ratings has revised Nigeria’s sovereign outlook to “positive” from “stable”, citing stronger foreign exchange reserves and better-than-expected …
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Finance
South Africa Secures $405 Million in New Development Bank Loans for Health and Water Projects
JOHANNESBURG, Aug 28 – South Africa has secured a combined $405 million in financing from the New Development Bank (NDB) for healthcare …
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CAIRO, Aug 28 – Gas producer Energean is in exclusive negotiations to acquire a portfolio of BP’s upstream oil and gas assets …
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Climate Finance
South Africa Targets First Sovereign Green Bond as Climate Financing Needs Reach $228 billion
JOHANNESBURG, Aug 28 – South Africa is preparing to enter the sovereign green bond market, with the National Treasury targeting a debut …
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LAGOS, Aug 28 – Nigeria is set to return to the FTSE Russell Frontier Market universe next month after the global index …