Algeria eyeing renewable energy, Minister Guitouni
Algeria’s energy minister Mustapha Guitouni stated that they have to “use technology at the optimum level to get better returns” of their oil and gas […]
Business
Ailing Air Zimbabwe to lay off 200 employees
Struggling national flag carrier Air Zimbabwe (AirZim) has lurched into a new crisis on Tuesday as the management of the carrier announced plans to cut […]
Emirates reduces Angola flights over funds repatriation
The world’s largest long haul carrier, Dubai-based Emirates, has reduced its five weekly flights to the Angolan capital Luanda due to the difficulty of repatriating […]
Shell to invest $1bln a year in renewables energy as of 2020
The world’s second largest publicly-traded oil company, Royal Dutch Shell Plc, plans to increase its investment in renewable energy to $1 billion a year by […]
Tourism now contributes to about 8.5% to Africa’s GDP
African governments should make it easier and safer for Africans to travel within the continent and improve the tourism sector as it accounts for 14% […]
Namibia: grape exporters target $76.3 million in 2017
Namibian grape producers are expecting to glean $76.3 million worth of revenues in 2017, an increase of 29.8% over the previous year, Freshplaza news portal […]
Benin secures WB loan to ease power crisis
The World Bank has granted a loan of $ 60 million (34.6 billion CFA francs) to Benin to improve the energy performance in the west-African […]
Mozambique: Gemfields achieves record revenues at ruby auction
Gemfields, the world’s largest gemstone, has earned record revenues from its latest auction of rough ruby extracted by 75%-owned Montepuez Ruby Mining at the Montepuez […]
Kenya: Drought reduced tea exports by 36%
Kenya’s tea exports volume dropped by 36% in April compared to the same period last year, Businessdailyafrica reported. The El Nino phenomenon has significantly impacted […]
Morocco’s Ciments de l’Afrique opens new cement plant in Chad
The Moroccan cement giant Ciments de l’Afrique group (CIMAF) has officially inaugurated a new cement plant in Chad this week as the group, led by […]