Congo: Prime Minister, Cabinet Resign amid Economic Turmoil
Congo’s Prime Minister Clement Mouamba on Thursday resigned along with the rest of his cabinet, days after veteran President Denis Sassou Nguesso called for new […]
Business
Ghana’s oil production increases by 67%
Ghana’s oil production has increased by 67 percent in the first half of 2017 compared to the same period in 2016, the semi-annual report on […]
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 […]
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. […]