US company subsidiary Star Garment Secures $15 Million IFC Loan to Open Factory in Togo
Star Garments Group Limited, a subsidiary of the American company Charles Komar & Sons, has secured a $15 million loan (around 9 billion FCFA) from […]
Business
South African Victory: J&J Concedes on TB Drug Patent
Johnson & Johnson’s decision to not enforce its patent on bedaquiline, a crucial tuberculosis medication, marks a significant win for medical advocacy groups in South […]
Angola’s Banana Industry Flourishes at 10th Annual Fair
Angola’s thriving banana industry took center stage at the recently concluded 10th annual banana fair, showcasing the country’s growing prominence in global fruit production. The […]
Nigeria clamps down on illegal oil refineries
Nigeria has launched a campaign to destroy illegal oil refineries in a bid to crackdown on oil thieves which hampered the country’s production and export […]
Zambia’s Economic Promotion Week was launched in Rabat
Zambia’s Economic Promotion Week was launched in Rabat to showcase Zambia’s economic potential in Morocco in various sectors. The event’s agenda includes meetings in Rabat, […]
Zimbabwe’s Lithium Industry Attracts a New Non-Chinese Investor
Africa’s top lithium producer, Zimbabwe attracts more and more investors as the long-term outlook for the metal remains positive. Cluff Africa, a British company led […]
Africa’s diamond-rich countries under pressure following G7’s Russian sanctions
Diamond-rich African nations, like Botswana, are ramping up production to fill the gap left by the sanctions on Russian diamonds announced by the Group of […]
Ghana’s Cocoa Crisis Worsens as Delivery Delays Expected
According to five sources who spoke to Reuters, Ghana, the world’s second-largest cocoa producer, is planning to postpone the delivery of up to 350,000 tons […]
Sierra Leone latest African country to use Starlink
Sierra Leone became the tenth African country to use Starlink satellite internet service, one year after it granted the company a license. Officials in the […]
Côte d’Ivoire: Gold Production Soars to Record High in 2023 with New Mines
Côte d’Ivoire, the world’s leading cocoa producer, witnessed a record-breaking year for gold output in 2023, largely due to the opening of new mines, according […]