Nigeria to contribute 4.5% of global auto sales in 2016
Online vehicle marketplace, www.carmudi.com.ng on Tuesday predicted that the Nigerian auto industry is expected to contribute at least 4.5 per cent of 2016 global automobile […]
Business
Ivory Coast: Oct-Dec. cocoa harvest drops
Output from Ivory Coast’s October-to-December cocoa mid-crop falls short of last year’s harvest, Reuters reported on Monday. By Dec. 27, cocoa port arrivals had reached […]
China and Mali enter $1.5 bn railway rehabilitation agreement
A Chinese state-owned rail company has signed a $1.486 billion contract with Malian government to renovate the west-African nation’s railway network linking the Capital city […]
Zimbabwe: China to cancel $40 mln debt – Official
Zimbabwe Finance Minister on Monday said China will cancel about $40 million of Zimbabwe’s debt due to the improvement of bilateral relations between the two […]
MTN secures Ivory-Cost licence after Ghana
Mobile network operator MTN has deposited an instalment payment to Côte d’Ivoire’s government on Wednesday in order to renew its licence, which expires in April […]
Angola & China state-run oil companies agree 10-year oil deal
China’s state-owned oil company, Sinochem Group said on Wednesday it had signed a deal with Angolan state-owned producer Sonangol to buy crude oil for more […]
DRC loses up to $15 billion yearly due to fraud
Democratic Republic of Congo (DRC) president’s anti-corruption adviser on Wednesday said the central African country loses up to $15 billion yearly due to fraud. During […]
Greek companies to tap into Egypt’s huge Mediterranean gas discovery exploitation
Egypt’s huge Mediterranean gas deposit exploitation charms Geek political leaders and companies who Tuesday promised to expand their economic ties with Egypt as President al-Sissi […]
King Mohammed VI Renews Commitment to Enhancing China-Africa Ties
King Mohammed VI has affirmed that the development of the Chinese-African relations is a “strategic choice” to which Morocco is deeply committed. In his speech […]
China pledges $60 billion development fund for Africa
Chinese President Xi Jinping, addressing African leaders in Johannesburg on Friday unveils a $60 billion fund to promote cooperation and support development efforts in Africa. […]