Bill Gates and a US investors’ group have announced plans to buy a US$1bn stake in Egyptian company Orascom Construction Industries
Bill Gates and a US investors’ group have announced plans to buy a US$1bn stake in Egyptian company Orascom Construction Industries
The International Islamic Trade Finance Corporation (IITFC), a branch of the Islamic Development Bank, has provided funds worth US$265mn to Egyptian General Petroleum Corporation (EGPC)
ZCCM - IHs executive chairman noted that high commodity prices impacted positively on the revenue of most of the groups subsidiaries. (Image source: BlueSalo)
Zambia Consolidated Copper Mines Investments has disclosed an operating profit of US$100.7mn in 2011 from 8.9mn in 2010 as a result of a favourable economic environment and high commodity prices
A new report entitled Kenya Economic Update projects that the countrys economy has the potential to achieve a five per cent growth rate next year. (Image source: ollipitkanen)
Kenya’s economy will grow at an average of four per cent and attain a strength of five per cent subject to the outcome of the March 2013 election, the World Bank has stated in a new report
International hotel chains are investing millions of dollars in Kenya and the wider East African region to cash in on the expanding hospitality industry