Diageo and Heineken end partnership in South Africa and Namibia
The drinks maker, Diageo is pulling out of its South African and Namibian joint ventures with Heineken and local partner Ohlthaver & List. Diageo Plc […]
Articles by Khalid Al Mouahidi
West African Development Bank to raise $500m for regional integration
The West African Development Bank (BOAD) plans to raise up to $500 million from the international financial markets in the last quarter of 2015 to […]
Burkina Faso MPs agree to cut 1,200 irregular civil service salaries
The government of Burkina Faso announced Saturday it will cease paying over 1,200 civil service salaries to battle alleged payroll fraud. The government said salaries […]
Egypt extends Sinai state of emergency for third time
Egypt’s Prime Minister Ibrahim Mahlab announced a decree prolonging the state of emergency imposed in some parts of Northern Sinai till October as well as a […]
Zimbambwe: China to build $1.1bn thermal power plant
Zimbambwe signed on Thursday a $1.1 billion agreement with the China State Construction Engineering Corporation (CSCEC) to build a 600-megawatt thermal power plant by 2019 […]
Boko Haram Kills 11 in north Cameroon
Suspected Boko Haram attacks left more than 11 people dead and several others injured on Wednesday in Maroua, northern Cameroon, a region repeatedly targeted by […]
Zambia to issue $2 bln 10-year Eurobond
Zambian government plans to issue a 10-year Eurobond which could reach up to $2 billion to be mainly used to fund its budget deficit that […]
Egypt, Mauritania to strengthen ties
Egyptian Prime Minister Ibrahim Mahlab had a meeting with Mauritanian President Mohamed Ould Abdel-Aziz in Equatorial Guinea on the sidelines of the first international conference on Africa’s […]
Ghana to issue $1.5 bln Eurobond by September
Ghana wants to issue a Eurobond of up to $1.5 billion by September for debt financing and budget support, deputy finance minister Cassiel Ato Forson […]
Algeria and Spanish high level meeting ends on a high note
The sixth high level meeting between Algeria and Spain ended in the city of Madrid on Tuesday with 10 cooperation agreements signed in diverse domains. […]