Business – Page 117 – Medafrica Times

Egypt gets largest wind power station

November 30, 2015 Khalid Al Mouahidi 0

The largest wind power station project in the Middle East and North Africa was inaugurated in Egypt on Sunday at an estimated cost of €270million […]

Nigeria: Oando to build $350 mln gas processing plant

November 27, 2015 Khalid Al Mouahidi 0

The Head of Nigeria’s Oando said on Thursday its company plans to build a $350-million gas plant as it seeks to integrate gas production within […]

Algeria, Malta to revive bilateral cooperation

November 19, 2015 Steven Addamah 0

Maltese Prime Minister Joseph Muscat arrived in Algeria on Wednesday accompanied by more than 30 businessmen for a two-day working visit during which the two […]

South Africa: BMW to invest $417 mln for new model

November 17, 2015 Steven Addamah 0

BMW AG plans to invest more than $417 million in its South African plant to manufacture its new X3 sport-utility model, the German company said […]

Tanzania: 40% drop in cashew harvest due to poor rains

November 17, 2015 Khalid Al Mouahidi 0

Cashew nut output in Tanzania, Africa’s fourth-largest producer, could decline by 40 percent this year as poor rains in major growing areas hurt harvests in […]

South Africa to import 650 MW less power from Mozambique

November 16, 2015 Steven Addamah 0

South Africa’s state-run electricity provider, Eskom, said on Monday it will import 650 megawatt less power from Mozambique for a week due to planned maintenance […]

Environmental degradation cost 12% lost to Ghana’s GDP

November 12, 2015 Khalid Al Mouahidi 0

The World Bank in recent report indicates that Ghana is losing close to 12 per cent of its Gross Domestic Product (GDP) every year due […]

South Africa: New Nissan pickup by 2018 to meet African demand

November 11, 2015 Geraldine Boechat 0

Nissan Motor plans to build a new model of pickup at its South African plant starting in 2018 to meet the growing demand of new […]

MTN Group CEO resigns over hefty Nigerian fine

November 9, 2015 Steven Addamah 0

MTN Group President and Chief Executive Officer, Sifiso Dabengwa, resigned on Monday morning as the telecoms firm continued talks with the Nigerian government over a […]