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Rwanda: Crystal Ventures to List Crystal Telecom On Stock Exchange

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Posted by admin 8 days ago (http://allafrica.com)
[Focus] Crystal Ventures Ltd has announced its intention to have an initial public offering (IPO) on the Rwanda Stock Exchange of its wholly owned subsidiary, Crystal Telecom. Crystal Telecom owns a 20% interest in MTN Rwandacell Limited as its only investment.

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Nigeria: Global Stocks Subdued After Recent Gains

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Posted by admin 8 days ago (http://allafrica.com)
[Guardian] GLOBAL stocks were subdued after several indexes in Europe and Asia hit multi-year highs this week, while the price of oil pushed higher.

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Nigeria: 'March Sees Consolidation in Commodity Markets'

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Posted by admin 8 days ago (http://allafrica.com)
[Guardian] COMMODITIES were lower in March, largely driven by fundamental supply factors and macroeconomic headlines, according to Credit Suisse Asset Management.

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Liberia: Building Markets Launches Phase Two Projects

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Posted by admin 8 days ago (http://allafrica.com)
[Observer] After successfully completing the first three years of its program in Liberia, Building Markets, implementing arm of the Sustainable Marketplace Initiative Liberia (SMI-L) project, has been awarded a two year extension by the United States Agency for International Development (USAID).

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Zimbabwe: Companies Retrench to Survive

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Posted by admin 8 days ago (http://allafrica.com)
[Financial Gazette] Thousands of workers are likely to face the axe as government is planning to reform labour laws to make it easier for companies to retrench.

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Nigeria: NSE's Market Capitalisation Depreciates Further By N26 Billion

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Posted by admin 9 days ago (http://allafrica.com)
[Guardian] Equity transactions on the trading floor of the Nigerian Stock Exchange yesterday continued on a downward note yesterday, following price losses suffered by major bluechip companies, as market capitalisation depreciates further by N26 billion.

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Ethiopia: Authority Signs Road Construction Agreement With Three Companies

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Posted by admin 9 days ago (http://allafrica.com)
[Ethiopian Herald] The Ethiopian Roads Authority (ERA) signed agreement with three companies to construct roads in different parts of the country here yesterday at the head office. The agreement was signed by Sisay Bekele Acting Director of ERA, by Le Chuan, General Manager of the China Railway Seventh Group Limited Company, Zu Yong Sheng the China's First High Way Engineering Limited Company Gen

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Nigeria: NSE Capitalisation Drops N26.05 Billion

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Posted by admin 9 days ago (http://allafrica.com)
[Independent (Lagos)] Lagos -For the second consecutive trading day in the week, two of the basis indicators of The Nigerian Stock Exchange (NSE), the All Share Index and market capitalisation, closed in the red when they dropped 0.21 percent each.

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