Egypt to sign Cooperation Strategy Deal with AfDB
Egypt is to sign this month the country strategy agreement with the African Development Bank (AfDB), official source said on Saturday. The minister of International […]
Business
West-Africa: Akon Lighting Africa to invest $ 200,000 in Energy
The Akon Lighting Africa initiative will give $200 000 dollars to support the newly created Western African Energy Leaders Group. The financial commitment was made by the […]
Kenyan Diaspora sends home Sh12.9bn in May
Kenyans working abroad sent home Sh12.9 billion in May, a 7.6 per cent increase from the Sh11.9 billion remitted in May 2014. Yet, the government […]
Nigeria: Transcorp plans to increase power generation capacity by 2018
Transnational Corporation of Nigeria (Transcorp) is planning to expand its power generation capacity to 2,500MW by 2018 with an investment of $1.57bn. Transcorp, which also […]
Libya-Côte d’Ivoire: GreenN telecoms company and Ivorian government reach agreement
Libya Africa Investment Portfolio (LAP), owner of GreenN telecoms, announced on Thursday that the Ivorian government would not nationalize the ailing GreenN Cote d’Ivoire telecoms […]
India’s M&M looks to maintain double-digit growth in Africa
India’s largest utility and tractor producer, Mahindra and Mahindra or M&M, has set up an Africa-focused business unit as it looks to maintain double-digit growth […]
Tony Elumelu Foundation Welcomes 1000 Pan-African Entrepreneurs
A thousand entrepreneurs selected from over 20,000 applicants from all over Africa are expected to converge in Nigeria for a two-day boot camp session. This […]
Congo: IMF critics Glencore Unit copper license
Gecamines, the Democratic Republic of Congo’s state-owned mining company, with a local partner sold a mining concession to Glencore Plc’s Mutanda copper and cobalt venture […]
Moroccan Carrier increases its flights to Nouakchott to six a week
The Moroccan carrier, Royal Air Maroc or RAM, will increase its Casablanca-Nouakchott flights to six a week as of next July 11 and projects to […]
Zimbabwe: Companies’ tax arrears hit $ 1 Bln, Tax Agency
Zimbabwe’s companies and businesses owe more than $1 billion in tax arrears to the government, the Zimbabwe Revenue Authority said on June 25. Some of […]