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Business

Djibouti opens $3.5 billion Chinese-built free trade zone

July 6, 2018 Khalid Al Mouahidi 0

The government of Djibouti on Thursday commissioned a $3.5 billion Chinese-built free trade zone, seeking to capitalize on its strategic position on one of the […]

Ghana is open for business – President Akufo-Addo tells South Africans

July 6, 2018 Khalid Al Mouahidi 0

Ghanaian President Nana Addo Dankwa Akufo-Addo on Thursday spoke at the Ghana-South Africa Business Forum, held in Pretoria, as part of his State Visit in […]

Twenty-five African banks in the top 1,000 of The Banker 2018 report

July 5, 2018 Khalid Al Mouahidi 0

In its 2018 report published earlier this week, The Banker Magazine placed twenty-five African banks among the top 1000 banks in the world. Standard Bank, […]

Côte d’Ivoire to build its first biomass power station from cocoa waste

July 3, 2018 Khalid Al Mouahidi 0

Côte d’Ivoire, the world’s top cocoa producer plans to build a 60 to 70 megawatts (MW) capacity biomass power generation plant running on waste from […]

IMF to consider bailout for debt-crippled Congo Republic

June 28, 2018 Khalid Al Mouahidi 0

The Executive Board of the International Monetary Fund will examine Congo Republic’s request for a bailout on July 6, the international lender said on Wednesday. […]

UN experts discuss Morocco’s accession to ECOWAS

June 27, 2018 Khalid Al Mouahidi 0

Experts of the UN Economic Commission for Africa (UNECA) as well as representatives of the private and the public sector are gathered in Benin’s capital […]

Millions of Ghanaians not benefiting from booming economy—UN

June 25, 2018 Khalid Al Mouahidi 0

The UN Special Rapporteur on extreme poverty and human rights said millions of people in Ghana are not benefiting from the country’s booming economy, but […]

South African firms urged to invest in public projects in Zambia

June 22, 2018 Khalid Al Mouahidi 0

Zambia’s finance minister has urged South African firms to invest in roads and power plants in the Southern African nation after it suspended borrowing indefinitely. […]

Sanctions-hit Rusal restarts alumina refinery in Guinea

June 21, 2018 Khalid Al Mouahidi 0

Russian aluminium producer Rusal has restarted production at its Friguia alumina refinery in Guinea on Wednesday, Reuters reported. The sanction-hit miner restarted its activities in […]

Mauritius to sell citizenship

June 20, 2018 Khalid Al Mouahidi 0

As a means to further encourage investors to seize business and investment opportunities in Mauritius, the government of the Island nation has introduced a scheme […]

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