Malawi talks Trade and Investment with investors in London
The Chief executive officer of Malawi Investment and Trade Centre and key officials from the government of Malawi, including the Minister of Industry and Trade […]
Business
Nigeria’s Union Bank Pretax Profit up 2.3% in H1 2015
Union Bank of Nigeria plc (UBN) on Thursday said its 2015 first half (H1) pretax profit rose 2.3 percent to 6.61 billion naira ($33 million), […]
Algeria and Spanish high level meeting ends on a high note
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
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
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
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
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
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
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
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 […]