ventures africa news

Following early trade negotiations, details of Kenya’s maiden bilateral trade agreement with the United States have surfaced, sparking criticisms over concerns that the proposed deal could jeopardize regional and continental trade protocols. Recently, there has been widespread speculation...

The United States of America is opposing China’s plan to build an $80m headquarter for the Africa Center for Disease Control and Prevention in Ethiopia, owing to Beijing’s scientific spying program.... Read more via Ventures Africa – https://ift.tt/2UG5cNn Get more World News

Nigeria’s Minister of Finance, Zainab Ahmed, yesterday disclosed that the World Bank has approved the country’s request for a $3 billion loan. During a press briefing at the end of the 2019 Annual Meetings of the International Monetary Fund (IMF) and World Bank in Washington DC, Ahmed said …...

Rwanda has put in place a total ban on all single-use plastics, making it the first country in the eastern African region to do so. This comes on the back of a draft law adopted by Cabinet back in January which sought to prohibit the manufacture, use, and … Read more via Ventures Africa –...

Air Namibia is being forced to scale down on regional and domestic routes due to a liquidity crisis that stems from an ongoing court case against the now-defunct Belgian carrier, Challenge Air. The legal tussle with the liquidated European-based airline, which is demanding N$400 million...

The government of Ghana has reached a final agreement with Ethiopian Airlines that will see to the establishment of a new national airline in Accra, Ghana. The partnership is in line with Ghana’s increasing efforts to revamp its aviation sector, and Ethiopia’s continuous quest to expand its...

Former United States President, Bill Clinton has cancelled his planned trip to Nigeria over tendencies of his visit being “politicized.” The president was expected to visit Nigeria from 12 to 13 February 2019 ahead of the presidential elections. “Over the course of the last several days, and...

pan-African financial technology brand, Verve, has partnered with leading electronic payment platform, Remita, to improve payment services across the continent..... Read more via Ventures Africa – http://bit.ly/2WtkMKM Get more: Nigeria Business News

The world’s richest and most powerful leaders in business and politics will convene in Davos, Switzerland, for the gathering of the World Economic Forum. The annual summit in the Swiss Alps, which will take place over.... Read more via Ventures Africa – http://bit.ly/2U621va Get more...

At the recent opening of a workshop on Participatory Management of Community … read more via Ventures Africa News – https://ift.tt/2RyJoOZ Get More Nigeria Sports News

Expatriates are professionals and other skilled workers who reside and take positions outside … Read more via Ventures Africa – https://ift.tt/2qhYUmE Get More Nigeria Metro News

The President of the Nigerian Stock Exchange (NSE) has said that plans for the automation and introduction of e-IPO in the bourse are still ongoing. The President of the NSE, Mr Abimbola Ogunbanjo made this known during the 22nd Chartered Institute of Stockbrokers, CIS, Conference themed...

On October 1st 2018, the First Lady of the United States, Melania Trump began her first solo international … Read more via Ventures Africa News – https://ift.tt/2C2QyXd Get more World News

Global money transfer company, WorldRemit has kickstarted a new digital service for sending and receiving money across Africa. This new service will make it easier and cheaper to send and receive money on the continent. Ismail Ahmed, CEO and Co-founder of WorldRemit said WorldRemit’s digital...

Giant multinational automobile manufacturers, Volkswagen Group on Thursday signed a memorandum of understanding (MOU) with the Ghanaian government to begin the construction of a Volkswagen assembling plant in the country..... Read more via Ventures Africa – https://ift.tt/2C6mPP3 Get more...

Africa’s leading communications company, Vodacom Group has launched the first commercial 5G service in Africa. The service will be operational in... Read more via Ventures Africa – https://ift.tt/2Nqt4OS Get more World News

Eritrea is currently in discussions to build a new port for export for its potash, weeks after securing a peace deal with its neighbor Ethiopia. The potash will be mined in the country, and from Ethiopia, in a deal that many thought wouldn’t have been possible before a peace … Read more...

After his visit to Saudi Arabia, the United Arab Emirates, and Nigeria, South African president Cyril Ramaphosa is slowly restoring investor confidence in South Africa and could reach his $100 billion target before the end of the year. According to South Africa’s ambassador to BRICS, the...

As part of its plans to finance the recently signed 2018 Nigerian budget, the federal government revealed through its Debt Management Office (DMO) that it plans to raise 2,8 billion dollars in Eurobonds. Patience Oniha, Head of Nigeria’s DMO also announced that her office has sent requests to...

Governments in Africa and across the world make increasing Foreign Direct Investments in their countries as a matter of economic policy. Hence, many have adopted radical policies that they hope would attract investments into their economies. One of such policies is a new policy adopted by the...