Los Angeles – Microsoft has unveiled a name and look for its new gaming console, the Xbox Series X, promising a still-more immersive experience as it fends off threats from streaming and rival Sony.
The US company in June pointed...
French Telecommunication giant is ditching its business in Niger after being in dispute with the government over taxes worth about $38 million and unfavourable economic conditions. Orange will be leaving the West African country after 10 years of activity,...
Recently, Kenya has seen the entrants of several United States private sector businesses despite the country experiencing economic difficulties. This shows that these companies are not scared of investing and are set to transform the business landscape of the...
Economists and bankers have repeatedly asked the government of Sudan to implement radical reforms or seek a bailout from friendly nations to pull its economy out of the downward spiral; given it has struggled to raise new funds from...
In a bid to expand its businesses and increase its portfolio, Nigeria’s Seplat Petroleum Development Company Plc has agreed to acquire London-listed Eland Oil & Gas for £382 million ($484 million). The upstream exploration and production company will pay...
Top G20 finance officials agreed Saturday there was an urgent need to find a global system to tax internet giants like Google and Facebook but clashed on the best way to do it.
The G20 has tasked the Organisation for...
The International Islamic Trade Finance Corporation (ITFC) and the Egyptian government have signed two deals worth $3 billion, initiating the utilization of the 5th Framework agreement.
The Framework Agreement Initially signed on 30 January 2018, had the objective to finance...
In the ’90s, Zimbabwean coffee was always on specialty menus of coffee bars anywhere in the world it was exported to. It accounted for about three percent of Zimbabwe’s GDP and brought wealth to farming communities either through individual...
The Central Bank of Nigeria (CBN) has debited Stanbic IBTC Bank, the Nigerian subsidiary of the Stanbic IBTC Holdings PLC N1.886 billion from its deposit with the CBN, being the fine imposed on the Bank for breaching Nigeria’s forex...
After over 10 years hiatus, Russia seeks renewed ties with Africa as Sergey Lavrov, Russia’s foreign minister, visits Rwanda’s President to discuss economic development, fighting terrorism and Russia’s involvement with the Africa Union.
The minister’s Rwandan visit highlights Russia’s interest...
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