Nigeria has revealed plans to improve its economic relations with Canada in the areas of power generation, petrol chemicals, mining, aviation, agriculture, health, education and film production
Finance
Aspen to acquire Nestlé’s infant nutrition businesses in Africa and Australia
Nestlés southern African infant nutrition business spreads over South Africa, Botswana, Namibia, Lesotho, Swaziland and Zambia. (Image source: bunmun/Flickr)
South Africas Aspen Pharmacare has entered into an agreement with Nestlé to acquire its infant nutrition businesses in Africa and Australia for US$215mn
African diaspora 'source of development funding'
Participants attending a session of the Global Diaspora Forum 2013 in Dublin. (Image source: Global Diaspora Forum)
The Global Diaspora Forum held in Dublin drew focus on the African diaspora communities that are increasingly becoming viable sources of development funding
Nigeria may soon draw Chinese investments
The Chinese trade mission has expressed an intention of investing in agriculture and pharmaceutical sectors apart from building a truck manufacturing unit. (Image source: four4dots/Flickr)
A Chinese trade delegation has expressed intent to establish a truck manufacturing plant in Nigerias Calabar Free Trade Zone (CFTZ)
AfDB approves grants worth US$9 million for Malawi
The African Development Bank (AfDB) has approved two grants for Malawi worth US$9mn for budgetary support and a hydroelectric power plant feasibility study