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U.S. dollar falls amid rising sterling

U.S. dollar falls amid rising sterling

NEW YORK––On Monday, the U.S. dollar fell sharply due to what analysts say is as a result investors’ growing optimism…
Amazon invests $ 700-million in electric truck startup

Amazon invests $ 700-million in electric truck startup

SAN FRANCISCO–––The global online retail giant Amazon is investing a 700-million-U.S.-dollar into an electric truck startup Rivian Automotive, according Rivian…
Southern African bloc including Namibia want ban on ivory sale lifted

Southern African bloc including Namibia want ban on ivory sale lifted

LONDON – The southern African country of Namibia has joined South Africa, Zimbabwe and Botswana in calling for the removal…
‘More than 20’ trapped in SA mine

‘More than 20’ trapped in SA mine

News Desk- Eyewitnesses say at least 22 people are said to be trapped underground at a rural coal mine in…
Blackstone Is Pulling Back from Africa

Blackstone Is Pulling Back from Africa

LAGOS––The world’s largest alternative-investment management firm Blackstone Group LP is selling its Africa subsidiary Black Rhino Group back to management,…
The Latest from The World Economic Forum

The Latest from The World Economic Forum

DAVOS, Switzerland (AP) — The Latest on the World Economic Forum in Davos, Switzerland (all times local): A top financial…
New online clothing company scheduled to launch in 2019

New online clothing company scheduled to launch in 2019

New York –  A new unique clothing company is scheduled to launch in 2019. Sarima, Inc., an online clothing store inspired…
Kenyan interbank rate hits 8-year low: Central Bank of Kenya

Kenyan interbank rate hits 8-year low: Central Bank of Kenya

NAIROBI ––Financial news from Nairobi this week revealed that the rate at which banks in Kenya borrow money from each…
World Bank president Kim to join U.S. private equity fund as a partner, vice chairman

World Bank president Kim to join U.S. private equity fund as a partner, vice chairman

WASHINGTON — Jim Yong Kim, the outgoing president of the World Bank, said on this week that he would join…
Rwanda, Alibaba considering increasing agro-products exports to China

Rwanda, Alibaba considering increasing agro-products exports to China

KIGALI– Rwanda Development Board (RDB) on Sunday met with a delegation of China’s e-commerce giant Alibaba in the Rwandan capital…
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