Ghana to build new oil refinery for $4 billion
Ghana is set to establish a refinery in the central region of the West African nation, to refine 150, 000 barrels of oil per-day, Energy […]
Business
Regional Industrial Acceleration Plan for Souss-Massa Unveiled
The 2014-2020 Industrial Acceleration Plan for Souss-Massa region was unveiled at a ceremony held in Agadir Sunday under the chairmanship of King Mohammed VI, who […]
Nigeria to raise $2.5 billion through Eurobonds
Nigeria will raise $2.5 billion through Eurobonds in the first quarter, the Debt Management Office (DMO) said on Thursday. According to the head of the […]
Ethiopian Airlines to revamp Zambia’s carrier
Ethiopian Airlines on Tuesday said it had signed an agreement with the Zambian government to revamp the country’s ailing national carrier. According to the Addis […]
H&M shuts South African stores, apologies for ‘monkey’ advert
The Swedish clothes retailer H&M has closed all its shops in South Africa after an online advert that featured a black child wearing a hoodie […]
Towards a single air transport market in Africa
The African Union is planning to launch an African single air transport market with 40 plus countries expected to be signatories. So far, 23 African […]
Diamonds bigger than 100 carats unearthed in Lesotho
A miner in South Africa has discovered two huge diamonds, each bigger than 100 carats in a Lesotho mine, local media reports. Gem Diamonds Ltd […]
Libyan oil revenues up sharply in 2017 – Central Bank
Libyan oil revenues have sharply increased in 2017, the central Bank said last weekend. According to a statement released by the central Bank, the North […]
Cameroon extractive industries generated 888 billion CFA
Extractive industries generated 888 billion CFA francs in the state coffers of Cameroon, thanks to the signing of new oil deals and the promulgation of […]
Sudan inks agreement with Saudi Arabia to restore banking ties
Sudan and Saudi Arabia will soon re-establish banking relations, to help restore confidence in Sudan’s economy after the lifting of U.S. economic sanctions, the state-run […]