FG Announces Pricing of US$1 Billion Notes
The Federal Republic of Nigeria (the “Republic”) today announces that it has priced its offering of US$1 billion aggregate principal…
Joyous Africans Take to the Rails, With China’s Help
ANDREW JACOBS DJIBOUTI — The 10:24 a.m. train out of Djibouti’s capital drew some of the biggest names in the…
Why Does Nigeria Import so Much Rice?
Rice is a big deal in Nigeria. People love eating it. So the BBC's Ijeoma Ndukwe asks: why don't they…
Fairfax Said to Raise About $500 Million for New Africa Fund
Canadian insurer sold stock via IPO on the Toronto bourse Fairfax had aimed to raise as much as $1 billion…
Deutsche Bank’s Israel CEO Detained Over Alleged Tax Fraud
Laptops and mobile phones seized after search of bank offices Bank says it’s cooperating with tax authorities on the enquiry…
Islamist Gunmen Kill Four Guards in Hotel Attack in Somalia
Islamist gunmen stormed a hotel in Somalia's semi-autonomous Puntland region on Wednesday, killing four guards, a senior official and an…
Lai Mohammed Kick-starts Tour of Tourist Sites with Visit To Owu Fall
The Minister of Information and Culture, Lai Mohammed, kicked-started a tour of tourist sites in the country with a visit…
‘Death Spiral’ Looms for Zimbabwe Economy as Cash Runs Out
Cash shortage leaves account holders unable to access funds Bond notes issuance a disaster, economic professor says Zimbabwe’s crippling cash…
Convicted Nigerian Politician Returns to Country from Britain
James Ibori, who as governor of oil-rich Delta State became one of Nigeria's richest and most powerful men, has returned…
Moody’s Says Ghana Deficit Will Heighten Currency Volatility
Country seeks to finalize audit of budget arrears by Feb. 15 Discovery of unpaid spending is credit negative, Moody’s Says…