Smile Telecom to expand African wireless with $365 mln
Smile Telecoms Holdings Ltd, which owns and operates mobile wireless 4G LTE broadband networks in Nigeria, Tanzania and Uganda, has raised $365 million in debt […]
Business
Senegal: Plane with 7 people on board disappears
A plane with seven people on board, including one French passenger, has disappeared west of Senegal during a medical evacuation, the Senegalese civil aviation authority […]
Revamped Air Djibouti to start Africa wide freight service
One month after resuming activities, Djibouti’s national airline, Air Djibouti, is looking to remake itself as an Africa-wide air freight service, it said on Wednesday. […]
South Africa: Volkswagen plans $340mln investment
Volkswagen, Germany based automaker, is planning to invest $340 million in its South African car business in an attempt to become the world’s largest automaker […]
Ghana: Airtel appoints new Marketing Director
Airtel Ghana has announced the appointment of its former Customer Experience Director, Rosy Fynn, as its new Marketing Director. The multiple awards winning telecommunication company […]
Global courier DHL invests $50mln in sub-Saharan Africa
Deutsche Post AG’s DHL unit is investing about $50 million in sub-Saharan Africa as rising household incomes help spur demand for express and freight deliveries. […]
Nigeria Plans Oil Reforms before Petroleum Bill Vote
Nigeria will start reforming its oil industry using existing laws before it passes a long-awaited Petroleum Industry Bill (PIB), which will take a while to […]
South Africa to charge 10% more on steel import tariff
Africa’s largest steel maker, ArcelorMittal in South Africa, has asked the government to impose a 10 percent import duty on steel and in return, may […]
Failed rains put 4.5mln Ethiopians at risk of a food crisis
The number of Ethiopians who will need food aid by the end of this year has surged by more than 1.5 million from earlier estimates […]
Mauritius: Economic forecast shows 5.5% growth as of 2017
Mauritius’ economy is expected to grow at an annual average rate of 5.5 percent from 2017 driven by higher investments and a focus on manufacturing […]