E.U. POSSIBLE SOLUTION TO CAMEROON CRISIS

E.U. POSSIBLE SOLUTION TO CAMEROON CRISIS

E.U. worries over Cameroon crisis

The European Union (E.U.) has concerned themselves with the ongoing crisis in Cameroon. E.U asked the government to stop the lose of lives in area both civilians and security personnel alike.

E.U. suggested that Cameroon government should begin sincere and positive discussion as a means …

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E.U frets over Equatorial Guinea crisis

E.U frets over Equatorial Guinea crisis

The European Union displeased over the political, human rights and security situation in Equatorial Guinea.

Equatorial Guinea is a current member of the United Nation Security Council. European Union mandated them to take all necessary steps to fulfill its international obligations. Also as regards human rights and fundamental freedoms.…

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CBN Nigeria administers US$210 million to foreign exchange market

CBN Nigeria administers US$210 million to foreign exchange market

Foreign exchange market recieves US$210m from CBN to ensure stability and sustain liqiudity

Central Bank of Nigeria (CBN) added US$210 million to the Inter bank Foreign Exchange Market. This move is in line to ensure availability and meet customers’ request.

Mr Isaac Okorafor,  the acting Director, Corporate Communications  said the …

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U.S DISTURBED BY THE VIOLENCE IN CAMEROON

U.S DISTURBED BY THE VIOLENCE IN CAMEROON

  Ongoing violence in Cameroon claims lifes

Civilians and security agents in Anglophone region of Cameroon has been under attack. The United States has showed concern about the ongoing incident.

The U.S Department of States condemned this violence. The ongoing violence has claimed the life of two gendarmes, four civilian, a …

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Alibaba buys stake worth US$750 million from Wanda

Alibaba buys stake worth US$750 million from Wanda

Alibaba invests in cinema division of  Chinese Wanda. 

Alibaba the huge e-commerce organisation has agreed to buy stake from Wanda worth US$750 million. Wanda has been indebted. It’s stake are on its cinema section. The holding company controlled by the Beijing government will take 5.11% (around US$500 million). Generating over …

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NEW REFINERY TO BE BUILT BETWEEN NIGERIA AND REPUBLIC OF NIGER

NEW REFINERY TO BE BUILT BETWEEN NIGERIA AND REPUBLIC OF NIGER

Ongoing agreement for the new refinery between Republic of Niger and Katsina state, Nigeria.

Plans for a new refinery in Nigeria and the neighboring Niger Republic has been set in place. The agreement for the design and construction of the refinery has been discussed by Ibe Kachikwu, Nigeria’s minister of …

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National resistance Movement (NRM) General Miguna has been arrested.

National resistance Movement (NRM) General Miguna has been arrested.

Kenya arrested National resistance Movement (NRM) General Miguna Miguna, the other legislator that participated in the illegal ‘swearing in’ ceremony of opposition leader Raila Odinga.

On Friday 26th Jan 2018 The self-appointed National Resistance Movement (NRM) General Miguna Miguna arrested on Friday 26th Jan 2018. NRM is a resistance wing …

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WEST AFRICA LARGEST SHOPPING MALL UNDER CONSTRUCTION IN PORT-HARCOURT

WEST AFRICA LARGEST SHOPPING MALL UNDER CONSTRUCTION IN PORT-HARCOURT

Construction of the largest West Africa shopping mall in port-harcourt set to help create jobs after completion.

The shopping mall construction is expected to be the largest in west Africa when completed. The project is to make the city an investment destination in the country. The shopping mall will get …

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MALL FOR AFRICA SPREADS TO MORE PARTS OF AFRICA.

MALL FOR AFRICA SPREADS TO MORE PARTS OF AFRICA.

Mall for Africa expands to 11 new countries in Africa. 

Worldwide e-commerce and m-commerce colossus, Mall for Africa will expand into 11 new countries in Africa. In acknowledgement to the growing demand for its  patented platform, the app will now be available in African countries like Angola, Chad, Guinea, Botswana, …

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KENYA AWARD TURKANA POWER LINE TO CHINESE FIRM

KENYA AWARD TURKANA POWER LINE TO CHINESE FIRM

Ketraco award contract for 428km power line construction after isolux contract was terminate.

The Turkana power line project has been awarded to the consortium, consisting of NARI Group Corporation and Power China Guizhou Engineering Company. Ketraco terminates Isolux contract because the project will be push back after it was place …

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ZUMA: National Prosecuting Authority should not prosecute me.

ZUMA: National Prosecuting Authority should not prosecute me.

South Africa’s National Prosecuting Authority (NPA) receives a document from President Jacob Zuma saying he should not be prosecuted. 

South Africa’s National Prosecuting Authority (NPA) extended the time limit for Zuma to give reasons why 783 counts of corruption linked to a 30bn rand ($2.20bn) arm deal arranged

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AFRINVEST OPPOSES IMF ON THEIR NIGERIA’S FOREX PERPECTIVE

AFRINVEST OPPOSES IMF ON THEIR NIGERIA’S FOREX PERPECTIVE

The Group Managing Director of Afrinvest, Ike Chioke, unveils the preview of Nigerian’s economy and financial market.

Afrinvest (West Africa) Limited has disagreed with a report credited to the International Monetary Fund (IMF), which said that the nation’s foreign exchange market is still deep in uncertainty.

The company said such …

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NWTGC US$480M CONSTRUCTION SET TO KICK-OFF IN BOTSWANA

NWTGC US$480M CONSTRUCTION SET TO KICK-OFF IN BOTSWANA

The project will create new jobs and help the nation be one of the distributor of power to neighbouring countries.

The ground breaking ceremony of the power line construction project was presided over by Advocate Sadique Kebonang, the Minister of Minerals Resource, Green Technology and Energy.

The project termed North …

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ISUZU MOTOR LIMITED OPENS A BRANCH IN KENYA

ISUZU MOTOR LIMITED OPENS A BRANCH IN KENYA

General Motors East Africa meets the required regulatory for approval by Isuzu Motor Limited. 

Isuzu Motor limited has currently opened  an official supplementary branch in Kenya following the buyout of a 57.7% majority stake in vehicle distributor, General Motors East Africa (GMEA) in 2017.

Mr Susumu Hosoi the Board Chairman

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