October 4, 2018//-Rolls-Royce and South African Airways Technical (SAAT) have celebrated the opening of Rolls-Royce’s first lease engine storage facility in Africa, further developing its global service support network to deliver improved aircraft availability.
Category: Economy
World Bank Report: Growth in Sub-Saharan Africa Slower than Expected
Washington D.C., United States of America, October 3, 2018/ — Sub-Saharan African economies are still recovering from the slowdown in 2015-16, but growth is slower than expected, according to the October 2018 issue of Africa’s Pulse, the bi-annual analysis of the state of African economies by the World Bank.
UNCTAD Report Warns: Trade War Threatens Outlook for Global Shipping
Geneva, Switzerland, October 3, 2018// – Seaborne trade expanded by a healthy 4% in 2017, the fastest growth in five years, while UNCTAD forecasts similar growth this year, according to its Review of Maritime Transport 2018.
Ghana: Indian High Commission Supports 37 Military Hospital with Medical Supplies
Accra, Ghana, October 3, 2018//-The High Commission of India in Ghana has supported the 37 Military Hospital in Accra with medical supplies, as part of the celebration of the 150th birth anniversary of Mahatma Gandhi, leader of the Indian independence movement and pioneer of the philosophy and strategy of non-violence.
Ghana to Lose $1.5bn if it Does not Diversify into Coffee Production – Experts Hint
October 2, 2018//-Ghana is expected to lose about US$1.5billion in foreign exchange annually if it does not diversify into coffee production, industry experts have hinted.
Asian Business Leadership Forum Honours Late Sheikh Zayed
Dubai United Arab Emirates, October 2, 2018: The Asian Business Leadership Forum (ABLF) marks its 11th anniversary, on October 6, 2018, at the Armani Hotel, Dubai, with a special edition of the ABLF Awards dedicated to the Father of the Nation, the late Sheikh Zayed bin Sultan Al Nahyan, under the theme ‘Leadership Legacies: Honouring the […]
Kenya Meets IMF Terms After Legal Changes
October 2, 2018//-Kenya’s compliance with conditions of the International Monetary Fund (IMF) has improved with the recent legal enactments, even after a fallout with the fund.
Why Nigeria is not Prepared to Deal with Flooding
Flooding is an annual reality across Nigeria. George Esirii/EPA Nelson Odume, Rhodes University October 1, 2018//-Numerous rivers criss-cross the length and breadth of Nigeria, running both east-west and north-south. The country is also the flood plain of the transboundary Niger and Benue Rivers, which have a number of upstream dams in other countries.
Ghana: Pamela Addo Reassigns to the Judicial Service
Accra, Ghana, October 1, 2018//-The Alliance for Development and Industrialization has waded into the resignation of the Deputy Chief Executive Officer of the Ghana EXIM Bank, Cynthia Pamela Akotoaa Addo and would like to set the record straight.
Kaberuka: Do not Underestimate the Resilience of Africa
September 30, 2018//-Donald Kaberuka, the former President of the African Development Bank (AfDB), is now back in a big way with Southbridge, a merchant bank that he jointly manages with French-Beninese Lionel Zinsou who was Prime Minister of Benin from 2015-16. In this interview, Kaberuka reaffirms his belief in a bright future for Africa.