DRC loses up to $15 billion yearly due to fraud
Democratic Republic of Congo (DRC) president’s anti-corruption adviser on Wednesday said the central African country loses up to $15 billion yearly due to fraud. During […]
Business
Greek companies to tap into Egypt’s huge Mediterranean gas discovery exploitation
Egypt’s huge Mediterranean gas deposit exploitation charms Geek political leaders and companies who Tuesday promised to expand their economic ties with Egypt as President al-Sissi […]
King Mohammed VI Renews Commitment to Enhancing China-Africa Ties
King Mohammed VI has affirmed that the development of the Chinese-African relations is a “strategic choice” to which Morocco is deeply committed. In his speech […]
China pledges $60 billion development fund for Africa
Chinese President Xi Jinping, addressing African leaders in Johannesburg on Friday unveils a $60 billion fund to promote cooperation and support development efforts in Africa. […]
Nigeria cuts MTN record $5.1 billion fine
The Nigerian government has agreed to reduce the hefty fine imposed on MTN following lengthy negotiations between the two parties. MTN Group Ltd. had its […]
Tunisian-German economic forum
The second edition of the Tunisian-German economic forum currently being held in the North African country to promote a successful economic co-operation is being attended […]
China to revamp S. Africa flagging economy
China has signed 26 agreements worth R94 billion ($6.5 billion) with South Africa to support the country’s flagging economy, as President Xi Jinping met with […]
Egypt pays $546 million to investors, companies’ overdrafts remaining
The Egyptian central bank under the new leadership of Governor Tarek Amer stated that it had repaid foreign investors the backlog of their stock and […]
Africa is ‘tired of being in the dark’ AfDB Boss tells Paris COP21 Summit
President of the African Development Bank, Akinwumi Adesina, who pledged to bring electricity to the poorest parts of the continent within a decade, said on […]
Air France-KLM to make Abidjan a regional hub by 2025
Air France-KLM group on Tuesday said it expects to turn Ivory Coast’s economic capital Abidjan into its West African regional hub within a decade. “In […]