DR Congo’s PM to sign new mining code despite miners’ opposition
Democratic Republic of Congo Prime Minister will sign into law this Friday regulations to immediately implement a new mining code that will replace the previous […]
Business
IFC gives BOA $60M to support SMEs in 8 African countries
The International Finance Cooperation, a member of the World Bank Group, announced earlier this week a $60 million investment in a regional risk-sharing facility to […]
MTN Ghana finally launches IPO, raises target to $787 Million
Africa’s leading telecommunication company MTN has launched its Initial Public Offering (IPO) in Ghana. The move has been described by industry players as historic in […]
Ghana to make country food self-sufficient—President Akufo Addo
Ghana’s president, Nana Akufo Addo on Wednesday said plans are ongoing to make the West African nation food self-sufficient and reduce the huge food import […]
Ethiopia: Gov’t opens telecoms sector to limited competition
Ethio Telecom, Ethiopia’s state-run telecom company has agreed to allow some local firms to provide internet services through its infrastructure. Ethiopia is one of the […]
Ethiopian Airlines becomes first African airline to reach 100 aircraft
Ethiopian Ethiopian Airlines will take delivery of its 100th aircraft, a Boeing 787-900 in the first week of June, the company said in a statement. […]
Ghanaian President orders arrest of Football Boss Kwesi Nyantakyi
Ghana’s President Nana Akufo-Addo on Tuesday ordered the arrest of the head of Ghana Football Association, Kwesi Nyantakyi for defrauding by false pretenses. According to […]
KSA: Addis Abba optimistic over release of billionaire Al Amoudi detained in anti-corruption purge
Ethiopian Prime Minister has announced to the nation the likely release of the country’s top private investor Mohammed Hussein Al Amoudi by Saudi authorities after […]
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 […]
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 […]