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Business


Nissan to sell South Africa plant to China's Chery
Nissan Motor said on Friday it would sell its manufacturing assets in Rosslyn, South Africa, to the local arm of China's Chery Automobile for an undisclosed sum. Chery SA will buy the land, buildings and associated assets of Nissan's facilities in mid-2026 if conditions, including regulatory approvals, are met by then, the struggling Japanese automaker said in a statement.


CRDB Bank opens Dubai office to channel Gulf capital into Africa’s $3.4 trillion economy
The milestone positions Tanzania, together with the East and Central Africa region, directly within the global capital ecosystem, using a home-grown African financial institution as the bridge


UAE, Nigeria forge stronger economic ties with signing of Comprehensive Economic Partnership Agreement.
Abu Dhabi: President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Bola Ahmed Tinubu, President of the Federal Republic of Nigeria, attended in Abu Dhabi today the signing ceremony of a Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Nigeria.


African Development Bank seeks $25 billion to sustain low cost lending as U.S. engagement softens.
AFDB seeks $25B to sustain low cost lending as US engagement softens. Learn what it means for African SMEs, infrastructure and contracts.
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