Kenyan Diaspora sends home Sh12.9bn in May
Kenyans working abroad sent home Sh12.9 billion in May, a 7.6 per cent increase from the Sh11.9 billion remitted in May 2014. Yet, the government […]
Articles by Khalid Al Mouahidi
Nigeria: Transcorp plans to increase power generation capacity by 2018
Transnational Corporation of Nigeria (Transcorp) is planning to expand its power generation capacity to 2,500MW by 2018 with an investment of $1.57bn. Transcorp, which also […]
Foreign investment: Rwanda targets $1.2 Bln in 2015
Rwanda aims to increase foreign direct investment in 2015 to $1.2 billion, a fourfold jump from two years ago, helped by a new investment Code […]
Libya-Côte d’Ivoire: GreenN telecoms company and Ivorian government reach agreement
Libya Africa Investment Portfolio (LAP), owner of GreenN telecoms, announced on Thursday that the Ivorian government would not nationalize the ailing GreenN Cote d’Ivoire telecoms […]
Egypt: Around 100people killed amongst them nine from the Muslim Brotherhood
Nine leaders of the Muslim Brotherhood have been killed in an apartment in Cairo where they were meeting to plan terrorist plots, according to the […]
Ghana: 15% hike in petroleum prices
One week after new 15 percent increment in transport fares across Ghana, prices of gas and petroleum products are due to go up by 15% […]
UN: “There is no way that Zimbabwe could introduce the local currency”
The United Nations says Zimbabwe is unlikely to have its own currency in the next five years, after it dumped its inflationary ravaged dollar in […]
India’s M&M looks to maintain double-digit growth in Africa
India’s largest utility and tractor producer, Mahindra and Mahindra or M&M, has set up an Africa-focused business unit as it looks to maintain double-digit growth […]
Tony Elumelu Foundation Welcomes 1000 Pan-African Entrepreneurs
A thousand entrepreneurs selected from over 20,000 applicants from all over Africa are expected to converge in Nigeria for a two-day boot camp session. This […]
Tourism: Tunisia expects to lose over $500 Mln after Sousse’s attack
The tourism sector of Tunisia expects to lose at least $515 million this year following last Friday’s attack on a Tunisian beach in Sousse, in […]