Rwanda inks $300 million loan deals & bilateral pacts with China, India
The Rwandan government has signed seven bilateral pacts and loan agreements worth more than $300 million with China and India to further boost existing cooperation. […]
Business
Chinese President Xi Jinping seeks deeper economic ties with Senegal
Chinese President Xi Jinping arrived in Africa on Saturday for a four-nation visit during which he will be seeking deeper military and economic ties. It […]
Morocco-EU reach new fisheries deal covering Sahara
Morocco and the EU wrapped up negotiations for a new fisheries deal, which shall include the Sahara waters. The two parties have been negotiating the […]
Google’s sister-company to deploy balloon Internet in Kenya
A network of giant balloons will soon bring internet access to remote regions of rural Kenya. Google’s sister-company Alphabet Inc’s Loon on Thursday said it […]
Nigeria unveils name, logo of new national carrier
Nigeria, Africa’s most populous nation, has officially launched a new national carrier, Nigeria Air, nearly 15 years after the previous state-run airline, Nigerian Airways, ceased […]
Dangote inks $650m loan for oil refinery project in Nigeria
Aliko Dangote, Africa’s richest man, founder and chair of the continent’s largest cement producing company, has signed a $650 million loan facility with the African […]
South Africa: UAE to invest $10 bln in Tourism and Mining
South African presidency last weekend said the United Arab Emirates (UAE) has pledged to invest about $10billion in the southern African nation’s economy, including the […]
China-built free trade zone inaugurated in Djibouti
The China-built International Free Trade Zone (DIFTZ) in Djibouti was inaugurated last week in the presence of several African heads of state. The $370-million project […]
Senegal: Rice production to exceed 875,000 tons in 2020
Rice production in the Senegal River Valley, is expected to rise from the current 455,000 tons to 875,000 tons by 2020, the director of development […]
Djibouti opens $3.5 billion Chinese-built free trade zone
The government of Djibouti on Thursday commissioned a $3.5 billion Chinese-built free trade zone, seeking to capitalize on its strategic position on one of the […]