Kenya seeks additional $3.5 billion loan from Eximbank
The Kenyan government is seeking additional $3.5 billion loan from China Eximbank for the construction of the Nairobi-Mombasa railway line, local media reported. This additional […]
Business
Morocco, Nigeria Turning Africa’s Dreams into Reality
Morocco and Nigeria, two major African regional powers, are enhancing their strategic alliance in a bid to turn the cherished African dreams into tangible reality. […]
Sierra Leone’s 706-carat diamond auction fails in Belgium
Sierra Leone government on Thursday fails to sell one of the world’s largest diamonds at an auction in Belgium. The large stone of 706-carat was […]
Tanzania: John Magufuli pushes for mining companies reforms
Tanzania’s ‘Bulldozer’ John Magufuli on Tuesday announced plans to enforce a new rule requiring mining firms to list on the Dar es Salaam Stock Exchange […]
Germany pushes for private investment in Africa
The German government is moving to boost private investment in Africa, Finance Minister, Wolfgang Schaeuble, told reporters in Washington during the Global Infrastructure Forum. According […]
AfDB questions Africa’s annual $35bn food importation
African Development Bank’s president, Akinwumi Adesina on Thursday lamented the negative effects that huge food imports had on the African continent. Speaking at the Center […]
Tunisia: Economy expected to recover in 2017 – PM
Tunisia’s Prime Minister Youssef Chahed on Sunday indicated that the economy will start to regain growth in 2017 as the North African Nation revived its […]
Côte d’Ivoire: Morocco’s Club Afrique Développement holds forum on investment in tourism
Club Afrique Développement-Côte d’Ivoire will hold a forum to promote investments in the tourism sector of the West African country, in capital city Abidjan on […]
Drop in Oil Prices Unveils Vulnerability of Algerian Economy
Algerian authorities have finally been compelled to face the reality and admit the failure of their economic model based on crude oil exports and trade. […]
Ivory coast and Ghana to increase cocoa processing capacity and price
World’s top cocoa producers Ivory Coast and Ghana will boost ties to coordinate production strategies to tackle price volatility in the two west-African nations, Reuters […]