DAR ES SALAAM – Swala Oil and Gas (Tanzania) Plc today announced the launch of its Initial Public Offer Prospectus, IPO of 9,600,000 ordinary shares. The...
SAN FRANCISCO – Uber Inc has raised $1.2 billion in funding from mutual funds and investors, valuing the fast-growing rides-on-demand startup at $18.2 billion, the company...
MASERU —The Executive Board of the International Monetary Fund (IMF) yesterday concluded the Article IV consultation with the Kingdom of Lesotho. Since 2010, the economy has...
LONDON — Deutsche Telekom, Russian telecom operator Mobile TeleSystems and multiple private-equity firms submitted bids this week to acquire Telekom Slovenije, according to people familiar with...
MOGADISHU— The African Union Mission in Somalia (AMISOM), through its Humanitarian Liaison Unit, today handed over four water wells to the Banadir Administration in Mogadishu. The...
ADDIS ABABA — The African Union Border Programme (AUBP) today celebrated the African Border Day at the AU Headquarters in Addis Ababa. AU Member States, representatives...
ABUJA – The Supervising Minister of Aviation, Dr Samuel Ortom, said on Friday that the country would soon launch a national carrier. He said that necessary...
ABUJA – African Development Bank has approved a 100 billion dollars infrastructure fund to fast track the continent’s industrial development. Dr Ousmane Dore, Nigeria Country Director of...
NEW YORK – The dollar edged lower against most major currencies Friday after the May U.S. jobs report came in slightly above expectations. The Labor Department...
GENEVA — IOM Addis Ababa, in partnership with the Ethiopian government, is expanding its community dialogue facilitators’ training programme on irregular migration from Amhara Regional State...
