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
US Carlyle raises US$698 million for sub-Saharan Africa
US-based investment firm Carlyle has launched a sub-Saharan Africa fund by raising US$698mn from African and international investors who seek to profit from the region’s growing economy
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