Although the foreign direct investments in fell by 8.4 per cent in 2014, capital investment in Africa surged to $128b, a year-on-year increase of 136 per cent, according to the 2015 Africa Attractiveness Survey. It also stated that the average investment increased to $174.5m per project, up from $67.8m in 2013. The Managing Director of […]
German based international airline,Lufthansa has designated Lagos as the regional headquarters of its Sub-Saharan operations. The new centre will lead marketing and sales for the airline across the continent, including East African and Southern Africa countries. Managing Director Sub-Sahara Africa, Claus Becker, who will head the new organization, said: “Nigeria has always played a key role in […]