Energy : American Capital invests $ 85Mln in Senegal’s wind power project
American Capital Ltd., a private equity firm agreed to provide $85 million to help build the first utility-scale wind-power project in Senegal. American Capital Energy […]
Business
Ethiopia to double its sugar plants by November 2015
Addis Ababa aims to become Africa’s biggest sugar producer and exporter with plans to double the number of its sugar estates to six by November […]
Zambia not to benefit from Africa’s TFTA
Three African trade blocks, the Common Market for Eastern and Southern Africa (COMESA), the Eastern African Community (EAC) and the Southern African Development Community (SADC) […]
Egypt Eastern Tobacco Company to set up $20 Mln manufacturing plant in Malawi
Egypt Eastern Tobacco Company has partnered with Auction Holdings Limited (AHL) Group to set up a $20 million cigarette manufacturing plant to be located in […]
Tunisia, Côte d’Ivoire sign 4 ICT agreements
Tunisia and Côte d’Ivoire have signed four agreements relating to the postal sector, digital knowledge transfer and Information and Communication Technology last week. The Tunisian […]
Cameroon to set up six new cassava processing units
The government of Cameroon is going to modernize its agriculture sector trough the installation of new processing units. The localities of Edea and Dibombari, in […]
Somalia to resumet livestock exportation to Egypt
An agreement on the resumption of Somalian livestock exports to Egypt has been reached recently between the two governments which also decided to bolster exchanges […]
Kenya: IMF lowered its growth forecast for 2015 to 6.5%
The International Monetary Fund (IMF) announced that the Kenyan economy is expected to grow by 6.5% in 2015, against the 6.9% forecast announced earlier this […]
Egypt-Italy: Eni to invest $ 2 billion in Egypt’s oil fields exploration
Egypt and the Italian oil company Eni have agreed on a $2 billion deal authorizing the Italian firm to explore some of Egypt’s oil fields. […]
Africa loses $ 11 billion annually from fraud and tax avoidance, Oxfam
Multinational companies deprive African governments of 11 billion dollars in taxes each year, and the G7 world leaders should set up a new global body […]