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Media & Entertainment
Canal Plus Afrique Seals Broadcast Deal With NBA.
As the popularity of the NBA continues to grow across the world, Africa is increasingly becoming a key market.
Calabar Becomes Nigeria’s First Digital City.
Calabar, the capital of south eastern Cross River State has become Nigeria’s first digital city following the successful installation of its metropolitan dark fibre optic network infrastructure.
PUMA Targets More Endorsement Deals With African Footballers.
German kit maker, PUMA, has announced an endorsement deal with Orlando Pirates skipper and South Africa star, Oupa Manyisa. Manyisa is understood to have signed a deal with PUMA which will run beyond 2017.
What The Rising Dollar Means To African Economies.
The U.S Dollar has risen impressively over the past year despite exogenous shocks and global economic uncertainties.
Senegal’s President Promises Country’s Footballers $55,000 Each For AFCON Title.
Senegal’s President Macky Sall has promised to give $55,000 each to players of the country’s national football team should it emerge victorious at the African Cup of Nations (AFCON).
South Africa To Boost Renewable Energy Base With 100MW Of Solar Power.
leading global energy company and Saudi Arabian International Company for Water and Power Projects (ACWA Power), has been awarded preferred bidder status for a 100megawatt (MW) Concentrating Solar Power (CSP), by the South Africa Department of...
M & A
Egypt’s Regulator Extends Deadline For Bids To Acquire Arab Dairy.
Deadline for offers to buy cheesemaker, Arab Dairy, has been extended to January 22 this year, Egypt’s regulator said on Thursday.
Stocks & Bonds
GB Auto Barred From Trading Shares On The Egyptian Stock Exchange.
The shares of Egypt’s biggest automaker, GB Auto, had been barred from trading on the North African country, Egypt’s Stock Exchange said on Thursday.
Canadian Oil Firm Commences Drilling In Kenya Amid Global Market Uncertainties.
Oil exploration in north east of Kenya is rapidly progressing, with the commencement of drilling at the Badada-1 well in Block 2B of the Mandera Basin.
Why One Company’s Planned Investment Means The World To Egypt.
The decision of GB Auto, Egypt’s biggest vehicle company, to invest $1.5 billion to build two new factories is being seen as a vote of confidence for the country’s political stability following years of turmoil.