Egypt: New Suez Canal dedicated
The Egyptian government has opened the Suez canal expansion project which added 35km channel to the canal and deepened the main waterway to make it […]
Business
South Africa: MTN H1 profit declines by 11%
MTN Group Ltd., Africa’s largest wireless operator, on Wednesday reported a decline in revenue both locally, and at the group level, for the first six […]
Cameroon: Nexttel has invested more than XOF 200 billion
Viettel Group’s Nexttel mobile network in Cameroon said on Tuesday, it has already invested more than 200 billion Cfa francs for the development of its […]
Zambia: Dangote Cement plans $900 Mln investment
Dangote Cement plans to double investment in Zambia to around $900 million by building a second cement plant, the company’s vice-president said on Tuesday. Dangote […]
EBRD Supports Small Businesses & Trade in Egypt
The European Bank for Reconstruction & Development (EBRD) has lent $ 140 million to Egypt’s QNB Al Ahli to support small businesses and trade activities […]
SABMiller may be forced to close South Sudan Unit – officials
SABMiller Plc., the world’s second-biggest brewer, may be forced to halt operations in South Sudan unless it’s able to access foreign currency and fuel needed […]
Gambia launches Single Window Business Registration System
The Gambian vice president and minister of Women’s Affairs, Dr Isatou Njie-Saidy, has launched, on Thursday, a Single Business Registration System, a component of the […]
South Africa: Telkom Cuts 2,393 Jobs
Telkom SA SOC Ltd., the South African landline operator, and its unions have forged an agreement to manage restructuring and retrenchments at the state-owned telecommunications […]
Moroccan-African cooperation, a model based on shared interests
Morocco’s economic cooperation with African countries is based on shared interests and is part of Morocco’s strategic diplomacy geared towards the promotion of active South-South […]
Vodacom Group appoints new chief financial officer
Vodacom Group Ltd., the South African unit of Vodafone Group Plc, appointed Till Streichert as chief financial officer after Ivan Dittrich resigned. Ivan Dittrich, chief […]