Nigeria: Agribusiness to get $1.8bn investment boost
A group of investors have donated the sum of $1.8 billion to develop agriculture and agribusiness in Nigeria, according to the country’s Permanent Secretary at […]
Business
Egypt: Russia gives Egypt a Molniya missile ship
Egypt’s naval arsenal will be boosted by a Russian warship that Armed Forces Spokesman Mohamed Samir described in a post on social media as the […]
Kenya to export Oil by October 2022
Kenya’s push to start oil production by 2017 will be delayed by at least five years going by the detailed design and construction timeline for […]
Libya: Tankers to load 2 mln barrels of oil in Eastern ports
Three tankers have moored at the eastern Libyan ports of Hariga and Brega to load two million barrels of crude, oil officials said on Sunday. […]
Kenya: Electricity users to pay higher bills in August
Electricity consumers in Kenya face double-barreled increments in their August power bills after the energy regulator moved to significantly raise fuel and currency fluctuation levies. […]
Egypt: New Suez Canal dedicated
The Egyptian government has opened the Suez canal expansion project which added 35km channel to the canal and deepened the main waterway to make it […]
South Africa: MTN H1 profit declines by 11%
MTN Group Ltd., Africa’s largest wireless operator, on Wednesday reported a decline in revenue both locally, and at the group level, for the first six […]
Cameroon: Nexttel has invested more than XOF 200 billion
Viettel Group’s Nexttel mobile network in Cameroon said on Tuesday, it has already invested more than 200 billion Cfa francs for the development of its […]
Zambia: Dangote Cement plans $900 Mln investment
Dangote Cement plans to double investment in Zambia to around $900 million by building a second cement plant, the company’s vice-president said on Tuesday. Dangote […]
EBRD Supports Small Businesses & Trade in Egypt
The European Bank for Reconstruction & Development (EBRD) has lent $ 140 million to Egypt’s QNB Al Ahli to support small businesses and trade activities […]