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Nigeria
Nigeria’s foreign reserves drop to $24.74bn –Udoma
Minister of Budget and National Planning, Udoma Udo Udoma, said Nigeria’s foreign reserves have reduced from $26.51bn in the second quarter of 2016 to $24.74bn in September. Udoma said this Tuesday at the 57th annual conference of Nigeria Economic Society, NES, with the theme: “The developmental state and diversification of the Nigerian economy”, holding in Abuja. He said Nigeria had revenue and foreign currency concentration problems, adding that ...
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Nigeria
Nigeria: Investors Blame Market Woes On Govt Policies
[Guardian] Capital market stakeholders have bemoaned government economic policies, especially the recent decision by the Central Bank of Nigeria (CBN) to retain interest rate at 14 per cent, They said that the policy was disincentive to investment for both foreign and indigenous investors.
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Cina
Tanzania: Tazara, China to Revive the Rail Firm
[Citizen] Dar es Salaam -Chinese capital investment for revamping the Tanzania Zambia Railway Authority (Tazara) is awaiting pending negotiations to decide on public-private partnership (PPP) in the project.
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India Nigeria
Nigeria: Buhari Welcomes U.S.$5 Billion Investment From India
[Vanguard] President Muhammadu Buhari on Tuesday welcomed the proposed five billion dollars investment in Nigeria by visiting Indian business delegation, led by Indian Vice-President Hamid Ansari.
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Cina Egitto
Egypt: Strong Bilateral Relations Promote China-Egypt Investment Cooperation
[Focac] Egyptian Minister of Trade and Industry Tarek Kabil said on Tuesday that the strong bilateral relations between the two nations will promote China-Egypt investment cooperation and his country is seeking more Chinese investments in his country.
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Cina Nigeria
Nigeria: Country Looks East to Address Economic Woes - Expert
[Focac] Abuja -Nigeria will welcome all kinds of support from China, the world's second largest economy to help shore up its growth as the major African economy enters a recession, an expert on China-Africa development issues has said.
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India Nigeria
Nigeria: Nigeria to Expand Trade With India - Buhari
[Premium Times] President Muhammadu Buhari Tuesday said Nigeria will continue to expand its relationship with India in the areas of health, education, agriculture, technology and trade.
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Sudafrica
South Africa: SA Remains a Sound Investment Destination
[SAnews.gov.za] Pretoria -The better than expected Gross Domestic Product (GDP) of 3.3% in the second quarter of 2016 is evidence that South Africa remains a sound investment destination that offers potential investors lucrative opportunities, the Economic Cluster said on Tuesday.
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Turchia
‘Cold of Kalandar’ is Turkey’s Oscar entry
Director Mustafa Kara’s “Kalandar Sogugu” (Cold of Kalandar) was selected Sept. 27 as Turkey’s nominee for the Foreign Language Academy Award entry.
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Turchia USA
Iranian FM holds unscheduled talks with Turkish officials
Iranian Foreign Minister Mohammad Javad Zarif visited Ankara on Sept. 28, in an unscheduled trip to the capital on his way back to Tehran from a visit to New York for the U.N. General Assembly, and discussed the Syrian crisis with Turkish officials, diplomatic sources told Hürriyet Daily News