APO News from Africa: ATI supported USD4 billion worth of trade and investments in 2016 – African countries urged to seek support from the insurer: The African Trade Insurance Agency (ATI) (www.ATI-ACA.org), held its 17th Annual General Meeting today. The sustained commodity price decline and current geopolitical uncertainties took centre stage. Meeting participants urged … [Read more...] about ATI supported USD4 billion worth of trade and investments in 2016 – African countries urged to seek support from the insurer
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Facebook profits surge as user base nears 2 billion
Facebook profits surge as user base nears 2 billion: Facebook reaches profits of 2billion Photo: fin24 Facebook on Wednesday reported that its quarterly profit surged as its ranks of monthly users closed in on two billion, but warned of rising expenses and slowing revenue growth. The leading social network said it made a profit of $ 3.06bn on $ 8.03bn in revenue in the first … [Read more...] about Facebook profits surge as user base nears 2 billion
EIB to sign Ksh 10.45 billion financing agreements to support regional entrepreneurs
APO News from Africa: EIB to sign Ksh 10.45 billion financing agreements to support regional entrepreneurs: The Vice-President of the European Investment Bank, Mr Pim Van Ballekom, is currently on an official visit to Kenya. As part of his visit, Mr Van Ballekom will sign financing agreements with Equity bank and its regional subsidiaries and with HFC bank. The event will be … [Read more...] about EIB to sign Ksh 10.45 billion financing agreements to support regional entrepreneurs
South Sudan: Humanitarian organizations appeal for $1.6 billion amidst rising needs
South Sudan: Humanitarian organizations appeal for .6 billion amidst rising needs: Humanitarian organizations are appealing for US$ 1.6 billion to provide life-saving assistance and protection to 5.8 million people across South Sudan in 2017. “The humanitarian situation in South Sudan has deteriorated dramatically due to the devastating combination of conflict, … [Read more...] about South Sudan: Humanitarian organizations appeal for $1.6 billion amidst rising needs
South Africa’s Sibanye secures $2.65 billion finance for Stillwater deal
South Africa’s Sibanye secures .65 billion finance for Stillwater deal: A sign board is seen near the Sibanye gold mine in Westonaria, west of Johannesburg, South Africa, April 6, 2016. ) has secured a loan of $ 2.65 billion to support the acquisition of Stillwater Mining Company, the only U.S. miner of platinum and palladium, the South African company said on Monday. Read … [Read more...] about South Africa’s Sibanye secures $2.65 billion finance for Stillwater deal