The African Development Bank (AfDB) Group has called on Libya to realign its economy from one based mainly on oil revenues to a state in which economic institutions are more inclusive and integrated
Finance
Spar Group to set up operations in Angola
South African-based Spar Group has announced that it will join forces with an Angolan company to open a store in the country’s capital, Luanda, within the next six months
Funds for Dangote's refinery and fertiliser project
A consortium of 12 African and international banks has provided a US$3.3bn loan facility to Dangote industries forconstructing a petroleum oil refinery and fertiliser plant in Nigeria
Zimbabwe to build its own Disneyland
Zimbabwe has unveiled plans to build a Disneyland in Africa in an attempt to boost the country’s tourism sector
Indian bank to open first South African branch
India’s public sector lender Canara Bank has outlined plans to open its first branch in Johannesburg, South Africa, by December 2013 in an attempt to expand its overseas branch network