Unidentified gunmen kill Dangote employees, manager in Ethiopia
Three employees of a cement factory owned by Nigerian business mogul Aliko Dangote have been killed by gunmen in Ethiopia’s restive Oromia region. An Indian […]
Business
Free Zone: AU seeks aid to compensate countries that agree to cut tariffs
The African Union is seeking to create an “adjustment mechanism” to compensate governments whose revenues will suffer from cutting tariffs to join the continent’s free […]
Ghana’s Cocoa Board seeks $1.5 billion loan from Exim Bank China
Ghana’s Cocoa Board (Cocobod) is currently in talks with Exim Bank China to secure a $1.5 billion loan to improve farms and install irrigation systems […]
Mauritania pledges to supply electricity to Mali
Mauritania will supply electricity to Mali up to 40 to 50 megawatts. This decision is the major result of a short visit Malian Prime Minister, […]
Burkina Faso: Cereal production declines to 4 million tons
Burkina Faso has harvested 4 million tons of cereals during the 2017/2018 crop year, a drop of 11% compared to 2016/2017, a balance sheet published […]
Morocco, Congo Upgrade their Multi-faceted Cooperation, Sign 14 Agreements
Morocco and the Republic of the Congo Monday signed 14 cooperation agreements during a ceremony in Brazzaville, held under the chairmanship of King Mohammed VI […]
South African Airways urgently needs a new capital injection – CEO
South African Airways on Tuesday said it needs about 5 billion rand ($404 million) to cover immediate costs as the state carrier battles to stay […]
French billionaire Vincent Bollore detained over ‘Africa corruption’
French business tycoon Vincent Bolloré was arrested and detained on Tuesday in his native France over allegations that he indirectly influenced election outcomes for governments […]
Ramaphosa sends envoys to seek $8 bln investment for South Africa
South African President Cyril Ramaphosa on Monday appointed a team of business and finance experts to seek $8 billion in investment to boost the economy […]
Algerian economy to improve in 2018—PM
Algeria’s economy will improve this year as revenue from the oil sector and natural gas picks up, Prime Minister Ahmed Ouyahia said on Saturday. Oil […]