Morocco’s OCP Group Gets €100 Mln Loan from IFC for Solar Power Plants
The International Finance Corporation has agreed to provide Morocco’s state-owned OCP phosphate Group a €100 million green loan for building four solar plants to reduce […]
Business
Creation of Guinea-Bissau Airlines
The Guinean Transport Minister, Aristides Ocante da Silva, announced on Wednesday the creation of Guinea-Bissau Airlines, a company to be operated jointly with a Canadian-based […]
Mozambique: About 36,000 hectares of crops lost due to rain
About 36,000 hectares of various crops were lost in 2022 in Mozambique due to rains and floods, the Mozambican President announced on Wednesday during the […]
Morocco to buy US HIMRAS rocket launchers, JSOW guided bombs
The US State Department has greenlighted the purchase by Morocco of 18 HIMRAS rocket launchers and 40 JSOW guided air-to-surface , the Pentagon said, in […]
Tokyo-based Sumitomo Corporation to build world’s largest plant in Egypt
Sumitomo Corporation, a Japanese company among the largest manufacturers of electric car braids in the world, has obtained the golden license to build its largest […]
EgyptAir to operate a Cairo-Dhaka route
Egypt’s national carrier, EgyptAir, announced on Monday the launch of Cairo-Dhaka route as of May 14. The airline will operate two weekly flights between Cairo […]
Angolan economy accelerates 2.3% this year
The British consulting company Oxford Economics foresees 2.3% growth for Angola this year, following the 2% economic expansion registered last year, essentially driven by the […]
Cape Verde: Exports of canned food, fish shoot up almost 750% in January
The volume of Cape Verde’s sales of canned and frozen fish, which represent about 80% of the archipelago’s exports, amounted in the first month of […]
Mozambique: More police officers arrested for theft
The Mozambican police arrested, five individuals, two of them officers of the corporation, suspected of robbery and theft of gold and money in a mining […]
Cameroon: Two powerful private enterprises unions merge
Groupement inter patronal du Cameroun (Gicam) and Entreprises du Cameroun (Ecam), the two most powerful private enterprises unions of Cameroon have signed a merger deal […]