Mozambique: Fly Modern Ark says LAM needs more than €9M and is available to return
Fly Modern Ark (FMA), which exited the restructuring of Mozambique’s national airline, LAM, has stated on October 27, that the state airline urgently needs €9.2 […]
Business
De Beers has identified eight new potential diamond production areas in Angola
De Beers has identified eight new kimberlite deposits in Lunda Sul, Angola, and is in discussions with the Government to sell “some of the best […]
South Africa: Diamond dealer suspected of €200 million fraud arrested
Authorities in South Africa have arrested nine suspects involved in a major diamond investment scam, with over 200 million euros reportedly stolen since 2019. At […]
Senegal unveils ambitious 25-year development roadmap
In a landmark announcement, the Senegalese government has unveiled recently an ambitious 25-year development roadmap aimed at transforming the nation into a high-income economy by […]
Gambia aims for cooperation with Egypt on pharmaceuticals, fisheries
On the sidelines of the 81st session of the African Commission on Human and Peoples’ Rights, Egypt’s Ambassador to Dakar, Khaled Aref, held meetings with […]
Angola plans photovoltaic panel factory
Sonangol and the Chinese company QINGHAI LIHAO CLEAN ENERGY signed a Memorandum of Understanding last Friday, October 18, to develop a project within the photovoltaic […]
Angolan Sodiam raises $13 million from diamond sales
Angola’s State diamond company, Sodiam, raised $12.9 million from the sale of 44 diamonds totaling 1,493 carats. The auction, held on October 16, featured stones […]
Nile Cooperation Agreement: A source of hope and tensions after implementation
The Nile Basin Cooperation Framework Agreement (CFA), which came into force on Sunday, October 13, is both a source of hope and controversy. Aimed at […]
Japanese Firm Toyo Plans Solar Cell Factory in Ethiopia, Eyeing US Market Amid Tariff Concerns
Japanese company Toyo has announced plans to construct a 2-gigawatt solar cell factory in Hawassa, Ethiopia, investing approximately $60 million. This strategic move comes in […]
Nigerian air force to acquire Italian fighter jets, helicopters
Nigeria’s air force plans to strengthen its attack capabilities with the acquisition of 24 Italian-made M-346 attack jets and ten AW-109 Trekker helicopters. A spokesman […]