Business

China is ready to assist countries in Africa speed up industrialization and agriculture modernization in order to boost growth and development in continent according to a report by Daily News.[9] Check also: Why Don’t Chinese Companies Hire African Workers? China’s support for Africa will not falter irrespective of the international situation or world economy, Chinese Foreign Minister Wang Yi told reporters yesterday ...

Africa’s richest man, Aliko Dangote, plans to invest in the energy and agricultural sectors of Zambia. Check also: Aliko Dangote Begins To Construct A $1 Billion Cement Plant In Nigeria According to Nigeria’s Punch newspaper, the billionaire made this known on Sunday when he paid a courtesy call to Zambian President, Edgar Lungu, in Lusaka. While urging the Zambian government to roll out ...

Egyptian billionaire Naguib Sawiris has reportedly offered to invest $250 million in Brazilian telecom operator Oi in an effort to pull the company out of bankruptcy proceedings. Check also: The Youngest Billionaire In Africa, Mohammed Dewji To Create 100,000 Jobs In Tanzania According to a report by the Wall Street Journal, a proposal for the investment has been drafted by the Sawiris Group ...

The City of Kigali, yesterday, hosted a news conference to shed light on the rationale behind a directive requiring businesses and nonprofit entities working from residential buildings to relocate. Check also: 5 Business Lessons From One Of Africa’s Most Successful Oil Multi-millionaire, Muhammadu Indimi Parfait Busabizwa, the City vice mayor in charge of economic development, said the move aims at promoting ...

The Trans-Pacific Partnership (TPP) was the largest ever United States-proposed trade deal and took years to put together, but US President-elect Donald Trump has promised to withdraw from the deal on his very first day in office. Check also: China Donated Food To Help Zimbabwe Solve Hunger Problem The TPP, signed by 12 countries in February 2016, covers 40 percent of ...