Updates

Hilton Builds for the Future at AHIF with Its First Modular Hotel in Africa

Hilton Garden Inn Accra Liberation Road becomes landmark deal, with additional signings in Kenya and Nigeria as Hilton seeks to double its presence across the continent October 3, 2016/Hilton Worldwide Hilton Worldwide has marked this year’s African Hotel Investment Forum (AHIF) with the announcement of new properties and extensions in […]

AfDB: Nigeria needs to synchronize fiscal, monetary policy

October 3, 2016/Reuters Nigeria needs to coordinate its fiscal and monetary policy more closely, African Development Bank President Akinwumi Adesina said on Monday. “I think the naira is devalued, but…monetary policy and also the fiscal policy that synchronisation, that is very very important,” Adesina said during a panel discussion at […]

Deutsche Bank races against time to reach U.S. settlement

October 3, 2016/Reuters By Georgina Prodhan, Kathrin Jones and Lawrence Delevingne | FRANKFURT Deutsche Bank (DBKGn.DE) is throwing its energies into reaching a settlement before next month’s presidential election with U.S. authorities demanding a fine of up to $14 billion for mis-selling mortgage-backed securities. The threat of such a large […]