Tourism now contributes to about 8.5% to Africa’s GDP
African governments should make it easier and safer for Africans to travel within the continent and improve the tourism sector as it accounts for 14% […]
Business
Namibia: grape exporters target $76.3 million in 2017
Namibian grape producers are expecting to glean $76.3 million worth of revenues in 2017, an increase of 29.8% over the previous year, Freshplaza news portal […]
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 […]
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 […]