Tag: InvestAdvocate

Erin Energy Announces Agreement with Zenith Bank on Terms of Loan Facility

Tuesday, April 05, 2016/Cardinal Stone Research Culled——Proshare Event Yesterday, Erin Energy Corporation (NYSE MKT: ERN), an independent oil and gas exploration and production company focused on energy resources in sub-Saharan Africa listed on the New York and Johannesburg Stock Exchanges, announced it had obtained a waiver  to the funding requirements […]

Ethiopian Government Offers Tax, Loan Incentives to Cut Cost of Local Drug Production

April 6, 2016/Frost & Sullivan The Government of Ethiopia is offering tax and loan incentives to encourage local pharmaceutical production that will ultimately reduce the cost of drugs, increase job opportunities, improve economic growth and enhance foreign exchange inflow. Ethiopia has previously relied heavily on pharmaceutical imports – or international […]

AfDB President pledged to increase financial support to Mozambique

April 5, 2016/AfDB The President of the African Development Bank Group (AfDB), Akinwumi Adesina, on Monday, April 5, 2016 had a one-day visit in Maputo, Mozambique, where he reaffirmed the commitment of the Bank to continue to support the growing Mozambican economy. Leading a team of senior Bank staff, Adesina […]