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Business

Kenya: Ports officials sacked amid corruption crackdown

February 16, 2016 Khalid Al Mouahidi 0

Top management officials in charge of security and revenue collection at the port of Mombasa were Monday sent packing as President Uhuru Kenyatta moved to […]

Ivory Coast: Puma Energy takes over national Petroci distribution network

February 11, 2016 Khalid Al Mouahidi 0

The Ivorian government has decided to leave assets of the national oil company Petroci to multinational oil company Puma Energy which will take over the […]

Zambia to upgrade national grid by 1,500 MW

February 10, 2016 Khalid Al Mouahidi 0

Zambia’s Mining Minister Christopher Yaluma on Wednesday said the government will add 1,500 megawatts to its power grid by 2020 to ease power shortages that […]

Nigeria: Gov’t urges MTN to drop lawsuit

January 27, 2016 Geraldine Boechat 0

Nigerian telecommunications minister, Adebayo Shittu, on Tuesday, told the South African mobile phone operator MTN to drop its legal action over a $3.9 billion fine […]

Qatar Airways to start direct Maputo-Doha flights

January 26, 2016 Khalid Al Mouahidi 0

Qatar Airways operated direct flights between Mozambique’s capital city Maputo and Doha, the capital city of Qatar, will start from March this year. The information […]

Nigeria plans up to $5bn Eurobond in 2016

January 25, 2016 Khalid Al Mouahidi 0

Nigerian Federal Government plans to borrow up to $5 billion in 2016, from multiple sources, including the Eurobond market, to plug its deficit as the […]

Djibouti signs important economic agreements with China

January 22, 2016 Khalid Al Mouahidi 0

Djibouti’s president signed earlier this week trade and economic agreements with the Chinese government to set up a legal framework and allow Chinese financial service […]

Egypt: China’s Xi Jinping arrives in Egypt to boost ties, Cairo rubs hands

January 21, 2016 Khalid Al Mouahidi 0

Chinese President Xi Jinping arrived Wednesday in Cairo in what has been defined as a landmark visit that will bolster ties with Egypt which expects […]

Senegal: Government wants to do well in next Doing Business Report, 34 measures adopted

January 20, 2016 Khalid Al Mouahidi 0

The Senegalese Government has adopted 34 measures to improve reforms already adopted to boost business in the country and maintain the country among world top […]

Kenya: New car sales increase by over 12% in 2015

January 18, 2016 Steven Addamah 0

Kenya’s new car sales increased by 12.86 percent last year to 19,524 units, the Kenya Motor Industry Association (KMI) said on Monday. According to Rita […]

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