King Mohammed VI Calls for Inclusive Development in Africa
King Mohammed VI has called for the elaboration of inclusive human and economic development programs in Africa, based on a regional or continental vision. In […]
Business
Douala to become the financial hub of Central Africa
The heads of state of Economic and Monetary Community of Central Africa (CEMAC) in a meeting in the Chadian capital N’Djamena, decided to make Douala […]
Egypt: Chinese energy giant BYD inks a deal to build 128-km Monorail
Chinese giant BYD Co has signed an agreement with the authorities of Egypt’s largest port city of Alexandria to build Africa’s first straddle-beam monorail (SBM), […]
Namibia to close diamond mines by 2022
Anglo American’s diamond unit De Beers, plans to close four mines by 2022 in Namibia, a union official told local media on Tuesday. According to […]
Gabon unveils $300 million new port Harbor
The Gabonese government on Saturday, unveiled a $300 million port as the central African nation seeks to modernize the existing Port of Owendo. The new […]
Tunisia: Attijari Bank to sell client’s 27.550 shares over court decision
Country’s largest banking network Attijari Bank is to sell 27.550 shares belonging to a client who contracted a loan from the bank. The decision for […]
Morocco Looks forward to establishing tripartite partnership with Russia and Africa
Morocco expressed its steady commitment in favor of Africa and invited Russia to seal a tripartite partnership to undertake mutually beneficial projects in the continent. […]
Uganda to export electricity to South Sudan
Uganda will soon supply power to South Sudanese border towns as part of the East Africa Community agreement to help member states, state-run news agency […]
World’s second-biggest diamond from Botswana sold for $53m
The world’s second-biggest diamond found in Botswana’s mine has been sold for $53 million on Tuesday, the Canadian Lucara Diamond Corporation, which owns the mine, […]
Tanzania seizes British miner’s diamonds
The Tanzanian government has seized British Petra Diamonds’ ores worth nearly $30m amid a government investigation, the company said on Monday. “Petra confirms that a […]