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Wall St. ends flat as investors brace for Fed

Mon Mar 14, 2016/Reuters Wall Street closed little changed on Monday as consumer discretionary gains countered losses in energy shares and investors laid low ahead of a U.S. Federal Reserve meeting. The Dow Jones industrial average .DJI rose 15.69 points, or 0.09 percent, to 17,229, the S&P 500 .SPX lost […]

Mozambique to Host South Africa Energy, Infrastructure Summit

March 3, 2016/EnergyNet Ltd Gigawatt Mozambique announced this week a $200-million investment into Mozambique’s power sector, alongside several global stakeholders including Standard Bank and the World Bank, amongst many others. The investment will assist in harnessing Mozambique’s natural-gas resources, which will further benefit many of Mozambique’s neighbours in the southern Africa region. This – along with […]

African Development Bank sets coupon rate of $1 bln bond at 1.125 pct

Thu Feb 25, 2016/Reuters The African Development Bank has priced a three-year $1 billion global benchmark due on 4 March 2019 at a coupon of 1.125 percent, the AFDB said on Wednesday. The lead managers of the bank’s first USD global benchmark for 2016 are BNP Paribas, HSBC, JP Morgan […]