Morocco soon to be home to Africa’s first gigafactory
Morocco and China’s Gotion High Tech signed a memorandum of understanding to set up a gigafactory for electric vehicle batteries near Rabat in an investment […]
Business
Fuel prices in Nigeria almost triple in two days
Prices at the pump almost tripled at service stations in Nigeria after the new President announced on Monday that he would end fuel subsidies, journalists […]
Kenya to strengthen trade relations with Russia
Kenya will strengthen its trade relations with Russia, the Nairobi authorities announced on Monday during a surprise visit by Russian Foreign Minister Sergei Lavrov. The […]
Cape Verdean government seeks strategic partnership with Angola
The Deputy Prime Minister of Cape Verde, Olavo Correia, defended Thursday the development of a “strategic partnership” with Angola, in order to boost economic relations […]
Mozambique Electricity has already invested 1.7 ME after Cyclone Freddy
Electricity of Mozambique (EDM) has already invested 120 million meticals (1.7 million euros) to restore the electricity grid in the center of the country, after […]
Guinea-Bissau and Italian oil company Eni sign agreement to boost hydrocarbon exploration
Guinea-Bissau and Italian oil company Eni will start a collaboration in the areas of exploration, natural climate solutions, agriculture, sustainability and health, the transalpine company […]
Port traffic in Cape Verde grew more than 12% in April
The Cape Verdean ports handled 111,598 passengers in inter-island maritime transport in April, a new monthly increase of 12.6% compared to the same month in […]
Mali’s top Court upholds Appeal Court decision fining Moov Africa Malitel, Orange-Mali
Mali’s Supreme Court has confirmed a final decision demanding Moov Africa Malitel and Orange-Mali, two telecom companies, to pay up to $195 million to the […]
China wants to continue financing Angola and highlights 25% increase in trade
The Chinese ambassador to Angola said on Monday that China was available to continue financing infrastructure and investing in the African country, also noting the […]
US court settlement confirms bribes in Angola’s oil sector
Dutch company Frank’s International will have to pay the US Treasury US$7.9 million (7.26 million euros) for participating in bribes in Angola between 2008 and […]