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Richest man in Africa to invest abroad

19 August 2017

LONDON: “Nothing is impossible.” These three words are on a plaque that Aliko Dangote keeps on his office desk in Lagos, Nigeria, constantly reminding Africa’s richest man how to approach the world. Dangote, who was worth US$12.3bil as of mid-August, according to the Bloomberg Billionaires Index, is modest in his personal life but bold in business. Presiding over an empire that includes cement, freight, infrastructure, agriculture, and soon oil refining,

Genting HK H1 losses widen to US$203.2m

18 August 2017

HONG KONG: Genting Hong Kong has reported a net loss of US$203.2mil for the six months ended June 30, compared to a loss of US$54.6mil in the first half a year ago, as operating expenses increased.

Saudi Arabia installing cranes at Yemen ports to boost aid delivery

18 August 2017

UNITED NATIONS (Reuters) - Saudi Arabia said on Thursday it was installing four cranes at three ports in Yemen to help boost humanitarian aid deliveries and was ready to assist with installing cranes at the key port of Hodeidah once it was under control of a neutral party.

Expanding broadband reach

18 August 2017

PLANS are underway to ensure all major cities in the country have high-speed Internet broadband services.

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