Being elected as the new President of South Africa, Cyril Ramaphosa has vowed to tackle corruption and mismanagement in the country under his governance
Finance
Western Cape, Eastern Cape and Northern Cape drought declared a national disaster
The National Disaster Management Centre (NDMC) has declared the ongoing drought in the Western Cape, Eastern Cape and Northern Cape Provinces a National Disaster
British trade envoy to Egypt visits Cairo and Alexandria
British trade envoy to Egypt Jeffrey Donaldson has arrived in Egypt on 11 February 2018, for a five-day visit to discuss trade relationship between the countries on the sectors of oil and gas, education, infrastructure and health
Yemi Osinbajo urges multinationals to set up factories in Nigeria
Yemi Osinbajo, vice-president of the Republic of Nigeria, has emphasised the country as an attractive business hub and urged the multinational companies to invest in Nigeria for the growth of its business environment
AfDB approves US$11.55mn loan to support African Local Currency Bond Fund
The African Development Bank (AfDB) has approved US$11.55mn loan to the African Local Currency Bond Fund (ALCB Fund), aiming to enhance the fund’s portfolio and promote the development of domestic capital markets across the continent