Business – Page 43 – Medafrica Times

Egypt, Mitsubishi ink agreement to develop two power plants

November 1, 2023 Khalid Al Mouahidi 0

Egypt has signed an agreement with the Japanese Mitsubishi Power Company to develop the Sidi Krir and El-Atf power plants, Japanese company said in a […]

Mozambique misses ruby production target with drop of almost 40% this year

October 30, 2023 Steven Addamah 0

The Mozambican Government admits that the country will miss its target for ruby production this year, which is expected to fall by almost 40% compared […]

S.Africa, Nigeria, Tanzania top investment destinations in Sub-Saharan Africa — KPMG report

October 28, 2023 Pawla Nibramich 0

The energy, mining, and utilities (EMU) sector reflected the highest aggregate deal value in sub-Saharan Africa (SSA) in 2022, according to a report by KPMG, […]

Angola plans to invest 16.3 billion euros to electrify half the country by 2027

October 27, 2023 Geraldine Boechat 0

Angola plans to reach an installed capacity of 8,000 megawatts and an electrification rate of 50% by 2027, which will require an investment of 17.2 […]

Mozambique plans to increase gold production to more than 1.5 tons in 2024

October 27, 2023 Geraldine Boechat 0

Mozambique expects to set a new record for gold production in 2024, with more than 1.5 tons, which will represent an increase of 3% compared […]

Prices of imported products in Cape Verde increased by 17%

October 24, 2023 Geraldine Boechat 0

The prices of imported products rose by 1% in September 2023, 1.3 percentage points (p.p.) more than in the previous month, INE announced on Monday […]

Green hydrogen: Namibia to reinforce partnership with the EU at the 2023 EU-Namibia Business Forum

October 20, 2023 Geraldine Boechat 0

Namibia’s green hydrogen project is proving to be a catalyst for strengthening ties between the European Union (EU) and Namibia. This collaboration is set to […]

FNB Eswatini and Workers Union reach agreement on 6.5% salary increment

October 20, 2023 Geraldine Boechat 0

Jabu Shiba, the Secretary General (SG) of the Swaziland Union of Financial Institutions and Allied Workers Union (SUFIAWU) has confirmed that they have reached an […]