The African Development Bank (AfDB) has so far invested over USD 2.5bn in various sectors of Nigeria's economy, ThisDay newspaper reported. The bank is currently executing 19 developmental projects in Nigeria, the AfDB country representative, Ousmane Dore, was quoted as saying. The AfDB has also approved USD 700mn as loan for small and medium-sized enterprises (SMEs) in the country, the official noted. |
South African company Exxaro Resources said one of the options it currently considers is dismissing striking coal mine workers who fail to return to work in the week of March 25, fin24 reported ... more
South Africas telecommunication operator Telkom said that it has not made a decision on retrenching 13,000 employees, or more than half of its staff, TechCentral reported quoting a company ... more
Oryx Energies, a major independent provider of oil and gas products and services in Africa, has agreed to buy the South African liquefied petroleum gas (LPG) distribution businesses of BP and ... more