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Business

Algeria and Spanish high level meeting ends on a high note

July 22, 2015 Khalid Al Mouahidi 0

The sixth high level meeting between Algeria and Spain ended in the city of Madrid on Tuesday with 10 cooperation agreements signed in diverse domains. […]

Canada concludes air transport agreements with Nigeria, Mali and Oman

July 21, 2015 Geraldine Boechat 0

The Canadian government concluded agreements on Monday with Nigeria, Mali and Oman to enable Canadian airlines to better serve passengers travelling between Canada and these […]

Orange to buy four African businesses from Airtel

July 21, 2015 Khalid Al Mouahidi 0

Orange SA is in talks to buy four of Bharti Airtel Ltd.’s African businesses. The French telecoms group said on Monday it had entered an […]

Lufthansa to pull out of Ghana in October

July 20, 2015 Pawla Nibramich 0

The German airline, Lufthansa will from the first of October this year cease operations in Ghana. The company has officially notified the transport ministry over […]

Coffee giant Starbucks to open stores in Sub Saharan Africa in 2016

July 15, 2015 Khalid Al Mouahidi 0

After it struck a deal with Taste Holdings on Tuesday, the coffee giant Starbucks says it will open stores in sub-Saharan Africa for the first […]

Kenya & Tanzania to build 510 km high-voltage power line

July 10, 2015 Khalid Al Mouahidi 0

Tanzania and Kenya are in a move to build approximately 510 km of 400 kilovolt (kv) high-voltage power line and several substations as part of […]

East Africa : Maersk expects 10% Freight Growth

July 10, 2015 Khalid Al Mouahidi 0

The Danish shipping company A.P. Moeller-Maersk A/S freight volumes is expected to grow by 10 percent in the East African region this year due to the  acceleration […]

Kenya: Uchumi Supermarkets to close underperforming branches

July 8, 2015 Steven Addamah 0

Uchumi, the oldest supermarket chain in Kenya could shut down some of its underperforming branches resulting in job losses as it restructures its business, the […]

Côte d’Ivoire signs concession deal for Abidjan urban rail line

July 8, 2015 Geraldine Boechat 0

Côte d’Ivoire has launched massive upgrades to its roads infrastructures and the government in this vision signed on Monday a concession agreement with France’s Bouygues […]

South Africa will import white maize from Mexico

July 6, 2015 Steven Addamah 0

South Africa’s recent drought has forced the country to import maize again. The news comes after confirmation that South Africa will import about 50-thousand tons […]

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