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Pan African Investor Mulls US$1,25bn Fund, Sees Opportunities Where Many Are Scaling Down

PRETORIA - Helios, the Pan African private equity investment firm co-founded by Nigerian-born dealmakers Tope Lawani and Babatunde Soyoye-is planning to raise US$1,25 billion...

Cambodia records 2nd death from H5N1 bird flu

A 50-year-old man from eastern Cambodia's Svay Rieng province died of H5N1 human avian influenza, which was the second death from the virus in...

IMF Cuts Zambia GDP Growth, Sees Inflation Above 10 Percent

LUSAKA -The International Monetary Fund has projected that Zambia’s economic growth will fall to 2,9 percent next year from the 3,1 targeted for this year. In its annual...

Zim classified among the best in the acquisition of COVID-19 vaccines

The International Monetary Fund, (IMF) and the World Health Organisation, (WHO) have rated Zimbabwe among the best countries in the world when it comes...

SpaceX Launches Egyptian Satellite: Nilesat 301

SpaceX launched a Falcon 9 rocket Wednesday from Cape Canaveral with a telecom satellite for Egypt’s Nilesat. The Falcon 9 lifted off with the...