Citigroup signs $ 125 m credit agreement with Airtel Africa

Airtel Group, one of Africa’s largest telecommunications groups, recently announced the signing of a $125 m revolving credit facility with investment banking group Citigroup Inc through its subsidiaries in sub-Saharan Africa. The credit line, according to Airtel, follows its plan […]

Angola again overtakes Nigeria in oil production

Angola again produced more crude oil than Nigeria for the third consecutive month, with Africa’s largest economy losing 74,000 barrels per day in July compared to the previous month of June. In May and June Angola produced more crude oil […]