Nigeria’s Aliko Dangote to invest up to $50bn in US, Europe
Dangote Group, controlled by Africa’s richest man, Aliko Dangote, plans to invest $20bn to $50bn in the United States and Europe over the next seven […]
Business
Egypt slashes industrial licensing approval time from 600 to 30 days
Egypt on Sunday issued executive regulations for its Industrial Permits Act, making it a law to slash bureaucracy and decrease the waiting time for new […]
Africa-US AGOA forum ends in Lomé with no change to the deal
African Growth and Opportunity Act (AGOA) free trade deal forum ended in Togo’s Capital Lomé on Thursday with no significant change to the deal. The […]
Cameroon to revamp its loss-making national airline
Cameroon’s national carrier, Cameroon Airlines-Corporation (Camair-Co) has embarked on a recovery plan at an estimated 91.5 million euros over the next 5 years, Africanews reports. […]
Ethiopia eyes $30 billion dollars from textile by 2030
The Ethiopian government plans to use 80% of the total area of land suitable for cotton growing as the country projects to generate $30 billion […]
The Ethiopia-Djibouti railway line to start commercial operations in October
Chinese-built electric rail line built in Ethiopia will start commercial operations in October this year, it was officially announced. The 756-km stretch linking Addis Ababa […]
Ghana looks forward to Fostering Agricultural Cooperation with Morocco
Morocco is the best placed “sister country” in Africa that can assist Ghana in its agricultural development efforts, said Ghanaian foreign Minister Shirley Ayorkor Botchway, […]
African fruit growers organizing to better access EU markets
A new pan-African fruit industry association, Afruibana, gathering fruit producers and exporters from Cameroon, Côte d’Ivoire and Ghana, was officially launched this week in Brussels. […]
Nigeria: Etisalat changes brand into 9mobile
Nigeria’s telecommunication company Etisalat Nigeria announced Tuesday it was changing its name, to become 9mobile, reports say. Etisalat Nigeria is the country’s fourth largest telecom […]
Fertilizer industry: Zambia seeks to attract Moroccan investors
Zambia, which remains a net importer of fertilizers, has called on Moroccan operators to invest in the fertilizer industry, to help curb the high cost […]