Benin secures WB loan to ease power crisis
The World Bank has granted a loan of $ 60 million (34.6 billion CFA francs) to Benin to improve the energy performance in the west-African […]
Business
Mozambique: Gemfields achieves record revenues at ruby auction
Gemfields, the world’s largest gemstone, has earned record revenues from its latest auction of rough ruby extracted by 75%-owned Montepuez Ruby Mining at the Montepuez […]
Kenya: Drought reduced tea exports by 36%
Kenya’s tea exports volume dropped by 36% in April compared to the same period last year, Businessdailyafrica reported. The El Nino phenomenon has significantly impacted […]
Morocco’s Ciments de l’Afrique opens new cement plant in Chad
The Moroccan cement giant Ciments de l’Afrique group (CIMAF) has officially inaugurated a new cement plant in Chad this week as the group, led by […]
Ghana: Cocoa Board debt reaches $2.2 billion
Ghana’s cocoa board this weekend said it has accumulated $2.2 billion in debt after the nation missed its production target in the previous season. The […]
Zambia: Sugar production increases by 47%
Zambia Sugar, a unit of Associated British Foods, on Thursday said its refined sugar production has increased by 47% to 65,000 tons in the year […]
Ivory Coast: Orange Group launches Orange TV
French giant telecommunication operator, Orange Côte d’Ivoire has launched its new service “TV Orange” in the West African nation, local media reported. The new service […]
ECOWAS: Israel to invest $1 billon in solar energy
Leaders of the West African regional group ECOWAS last weekend inked a memorandum of understanding with Israel that will earmark $1 billion over the next […]
Senegal to launch a new carrier in Q4 2017
After the bankruptcy of Senegal Air Lines, a new company, Air Senegal SA, will start operations later this year, officials said on Monday. Air Senegal […]
South Africa could harvest highest maize crop in 40 years
South Africa is expecting to harvest its highest maize crop in 40 years following good rains in the first quarter of 2017. According to the […]