Nigeria: Transcorp plans to increase power generation capacity by 2018
Transnational Corporation of Nigeria (Transcorp) is planning to expand its power generation capacity to 2,500MW by 2018 with an investment of $1.57bn. Transcorp, which also […]
Business
Libya-Côte d’Ivoire: GreenN telecoms company and Ivorian government reach agreement
Libya Africa Investment Portfolio (LAP), owner of GreenN telecoms, announced on Thursday that the Ivorian government would not nationalize the ailing GreenN Cote d’Ivoire telecoms […]
India’s M&M looks to maintain double-digit growth in Africa
India’s largest utility and tractor producer, Mahindra and Mahindra or M&M, has set up an Africa-focused business unit as it looks to maintain double-digit growth […]
Tony Elumelu Foundation Welcomes 1000 Pan-African Entrepreneurs
A thousand entrepreneurs selected from over 20,000 applicants from all over Africa are expected to converge in Nigeria for a two-day boot camp session. This […]
Congo: IMF critics Glencore Unit copper license
Gecamines, the Democratic Republic of Congo’s state-owned mining company, with a local partner sold a mining concession to Glencore Plc’s Mutanda copper and cobalt venture […]
Moroccan Carrier increases its flights to Nouakchott to six a week
The Moroccan carrier, Royal Air Maroc or RAM, will increase its Casablanca-Nouakchott flights to six a week as of next July 11 and projects to […]
Zimbabwe: Companies’ tax arrears hit $ 1 Bln, Tax Agency
Zimbabwe’s companies and businesses owe more than $1 billion in tax arrears to the government, the Zimbabwe Revenue Authority said on June 25. Some of […]
Brussels Airlines to double its flights to Sierra Leone and Liberia
Brussels Airlines will double its flights to Freetown (Sierra Leone) and Monrovia (Liberia), the company said in a statement on June 24. The two West […]
South Africa: Mining companies & several businesses oppose Eskom’s proposed tariff hike
South Africa’s power utility Eskom said it needs to raise prices by almost double the rate to allow the company to buy and to help […]
Car Industry: Morocco’s “Low-Cost Business Model” Attracts More Investments
Building reliable, affordable and good quality cars for mass-market is certainly the ultimate goal of all big automakers. Competition is the driving force of this […]