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Business

Rabat Appreciates Adoption by EU Parliament of Morocco-EU Fisheries Deal

February 13, 2019 Khalid Al Mouahidi 0

The European Parliament adopted Tuesday with a resounding majority the new fisheries agreement with Morocco, including the Sahara, a historic vote which prompted the appreciation […]

South Africa launches continent’s most advanced nanosatellite

December 28, 2018 Khalid Al Mouahidi 0

South Africa has successfully launched into space the continent’s most advanced nanosatellite to date – the ZACube-2. The ZACube-2 will provide cutting edge remote sensing […]

Guinea-Bissau needs ‘genuinely free and fair elections’ to break cycle of instability

December 28, 2018 Khalid Al Mouahidi 0

Unless political actors in Guinea-Bissau demonstrate renewed good faith to hold “genuinely free and fair elections,” the country is set to face a continuous cycle […]

Chinese company to invest $147 mln in copper project in DRC

December 26, 2018 Geraldine Boechat 0

China’s Zhejiang Huayou Cobalt Co will invest $147.2 million to build a copper project in Democratic Republic of Congo (DRC), the company said on Tuesday. […]

Intra-African Trade Fair records $32.6 billion in concluded deals

December 24, 2018 Geraldine Boechat 0

The inaugural Intra-African Trade Fair (IATF), held recently in Cairo, was marked by the signing of deals valued at $32.6 billion, according to preliminary figures […]

Angola joins forum of gas exporting countries

December 17, 2018 Steven Addamah 0

Angola has been admitted as an observer member of the Forum of Gas Exporting Countries (GECF), during the group’s 20th ministerial meeting held in Port […]

Mauritania awards Total two oil exploration and production contracts

December 14, 2018 Khalid Al Mouahidi 0

Integrated oil and gas company Total and the Ministry of Petroleum, Energy and Mines of Mauritania have signed an agreement awarding Total two new exploration […]

African carriers to report net loss of $300m in 2019

December 13, 2018 Khalid Al Mouahidi 0

African airlines are expected to report a net loss of $300 million in 2019, the International Air Transport Association (IATA) said. The expected net loss […]

Italian Eni announces new oil discovery in Angola

December 13, 2018 Geraldine Boechat 0

Eni has struck a new oil discovery in the Afoxé exploration prospect located in Block 15/06, offshore Angola. The discovery is estimated to contain between […]

Egypt pledges to promote intra-African trade as he takes AU chair

December 11, 2018 Khalid Al Mouahidi 0

Egypt’s president, AbdelFattah al-Sisi on Monday unveiled plans to promote intra-African trade when he takes over as chair of the African Union next year. Egypt […]

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