Senegal reports record cashew exports
The port of the capital Dakar reported a record 200,000 tons of cashew exports last year as the port, also used by DP World, a […]
Business
Qatari Kasada Capital Management Exits Cameroon Three Years After Initial Investment
The Bocom Group, controlled by Cameroonian billionaire Dieudonné Bougne, has acquired the shares of Qatari investment fund Kasada Capital Management in Douala’s Ibis Hotel, reported […]
Guinea-Bissau and China Elevate Bilateral Relations
Guinea-Bissau and China have agreed to upgrade their bilateral ties to a strategic partnership, marking a significant development in their long-standing relationship. The decision came […]
South Africa, Côte d’Ivoire, Egypt, Niger top contributors to intra-Africa trade in 2023 — AfCFTA
South Africa, Côte d’Ivoire, Egypt, and Nigeria were the top four largest contributors to intra-Africa trade in 2023, according to a new ‘Africa Trade Report […]
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 […]
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 […]