WORLD BUSINESS & ECONOMY

IMF projects 3.8% growth for Cameroon in 2018, 4.4% in 2019 on infrastructure projects, African Cup of Nations

The International Monetary Fund (IMF) Tuesday projected Cameroon's overall economic growth will reach 3.8 percent in 2018, from 3.5 percent…

Nigeria’s Elumelu calls on African presidents to formulate policies to attract private investments

Tony Elumelu, chairman, Heirs Holdings and founder of Tony Elumelu Foundation has called on African heads of state to develop…

Intra-African trade: Afreximbank, CDC group sign $100m risk participation agreement

Ben Eguzozie, with wire copy …as Nigeria yet to ratify AfCTA In a practical move to kick-off its ambitious intra-African…

EBRD lends €15m to Turkish chemicals firm to boost greener tyre making

The European Bank for Reconstruction and Development (EBRD) Thursday announced that it will facilitate a €15 million loan to fund…

AfDB partners ICIEC, ATI, GuarantCo to raise insurance volume, mobilise larger investment to Africa

The African Development Bank (AfDB) alongside Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), African Trade Insurance…

U.S. natural gas prices surge on cold weather forecast

  U.S. natural gas prices have jumped to their highest in nine months as forecast cold weather across much of…