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Business

Partnering for Africa’s future: exhibition on UNIDO-Japan cooperation

March 26, 2019 Khalid Al Mouahidi 0

An exhibition highlighting cooperation between Japan and the United Nations Industrial Development Organization (UNIDO) for African industrial development has opened at the Vienna International Centre […]

Tanzania to conclude talks for delayed LNG project

March 25, 2019 Khalid Al Mouahidi 0

Tanzania plans to conclude talks on developing a liquefied natural gas (LNG) project in the East African country. Equinor, one of the companies involved in […]

Tunisian health firms to scout out investment opportunities in Mauritania

March 21, 2019 Khalid Al Mouahidi 0

Representatives of several Tunisian firms operating in the health sector are expected in Mauritanian next week to explore investment opportunities in the Maghreb country. The […]

InfraCo Africa commits $2.2m for two solar projects in Kenya

March 20, 2019 Khalid Al Mouahidi 0

InfraCo Africa, an infrastructure development facility has signed a $2.2 million convertible loan agreements with energy developer Gigawatt Global for the development of the Samburu […]

Maroc Telecom to Acquire Chad’s 1st Mobile Operator

March 15, 2019 Khalid Al Mouahidi 0

Morocco’s telecom giant Maroc Telecom continues its international development focusing on its expansion in Africa wherein the company is present in several African countries. It […]

Fuel consumption drops by over 20% after price hike in Zimbabwe

March 12, 2019 Khalid Al Mouahidi 0

In Zimbabawe, fuel consumption has declined by 35 million liters following the January fuel price hike announced by President Emmerson Mnangagwa. According to the Governor […]

Luanda refinery to quadruple gasoline output by 2021

March 1, 2019 Khalid Al Mouahidi 0

A partnership agreement between Angola’s national fuel company, Sonangol, and Italian multinational oil company, Ente Nazionale Idrocarburi (ENI), will augment the Luanda Refinery’s gasoline output […]

Chad, Sierra Leone gearing up for energy revolution

February 25, 2019 Khalid Al Mouahidi 0

The Government of Chad last weekend sealed an agreement with Amea Power for the construction of a 120 megawatts (MW) solar power plant in the […]

Zambia eyes $500 million bond to pay power bills

February 20, 2019 Khalid Al Mouahidi 0

Zambia plans to launch a $500 million bond program to settle arrears to independent electricity providers, according to Bloomberg. The bond program has been structured […]

Nissan to set car assembly plant in Algeria

February 14, 2019 Geraldine Boechat 0

Japan’s second largest car maker Nissan Motor Co has announced it will launch a car assembly plant jointly with a local partner in view of […]

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