Pan-African financial institution, United Bank for Africa (UBA) Plc, will provide financial support to East African energy and infrastructure industries
Finance
African and Egyptian asset firms enter into joint venture
African property management firm, Altree Capital and Egyptian asset manager, Beltone Financial have announced the formation of Altree Beltone Capital Ltd
US Congress votes to renew textile trade act with Africa
The US Congress has voted to renew the African Growth and Opportunity Act (AGOA) and extend it by three years. (Image source: K.Kendall/Flickr)
The US Congress has voted to renew the African Growth and Opportunity Act (AGOA) and extend it by three years, just two months before its was set to expire
ZRA enters second phase of US$15.4 million project
The Zambia Revenue Authority (ZRA) has signed a Memorandum of Understanding with the Investment Climate Facility (ICF) for Africa, with the intention to modernise the authoritys operations
"Multinationals causing illegal money flow out of Africa" says Mbeki
Former South African President Thabo Mbeki said multinational corporations were responsible for much of the illegal flow of money out of Africa