Chinese Premier Li Keqiang unveiled extra aid for Africa totalling at least US$12bn and offered to share advanced technology with the continent to help with development of high-speed rail
Finance
UAE’s Altaaqa Global opens new office in Kenya
Dubai-based power solutions company Altaaqa Global CAT Rental Power has opened a new office in Nairobi to serve the East African zone
Ecobank and MasterCard sign debit card agreement in Nigeria
Ecobank will be able to issue its Nigerian customers with MasterCard-branded debit cards under a new 10-year partnership agreement signed with the financial services corporation
Economy boosts Metrofile’s business in Mozambique
Strong economic growth in Mozambique has contributed to a significant business surge at information provider and record management company Metrofile Records Management Mozambique
Standard Chartered invests US$57 million in Zambian Energy Corporation
Standard Chartereds private equity arm has paid US$57mn to acquire a 25.8 per cent stake in Zambian Energy Corporation