Tag: Billion Dollars
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๐ฒ๐ผMalawi Could Get Its First Dollar Billionaire
According to Billionaires Africa, Malawi may soon join the list of African nations with billionaires. Banker Thom Mpinganjira is poised to become the countryโs first dollar billionaire. His net worth is now estimated at over $1.12 billion, driven by a sharp rise in the shares of FDH Bank Plc โ Malawiโs largest publicly listed company.…
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๐น๐ฟ Pilot uranium processing plant launched in Tanzania
The pilot uranium processing plant has been commissioned by Rosatom subsidiary Mantra Tanzania Ltd at the Mkuju River project in southern Tanzania. The plant, located at the Nyota deposit, will be used to test uranium processing technologies and inform the design of the main processing complex with a production capacity of up to 3,000 tonnes…
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๐ช๐ฌIMF approves $1.2 billion more for Egypt’s economic recovery
The International Monetary Fund said Tuesday it completed its fourth review of Egyptโs economic reform program approving a $1.2 billion disbursement for the North African country. The IMF said in a statement it completed its fourth review on Monday and Egyptian authorities can immediately draw the funds. The IMF executive board also granted Egyptโs request…
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