Somalia, Ethiopia to invest in four seaports on Red Sea
Somalia and Ethiopia will jointly invest in four seaports to attract foreign investment to the two countries, an official statement said. The move comes after […]
Business
Ghana, Côte d’Ivoire to agree on cocoa export volumes from next year
Ghana and Côte d’Ivoire will jointly decide on the volume and timing of cocoa exports by August for the 2019/20 season, the head of Ghana’s […]
Nigeria’s inflation drops to lowest in more than two years
Nigeria’s yearly inflation rate has dropped to 11.61 per cent in May, the National Bureau of Statistics (NBS) said on Wednesday. According to the bureau, […]
Morocco-EU Farm Agreement to Cover Sahara
Morocco and the European Union are heading towards the renewal of the fishing protocol, as the College of Commissioners unanimously adopted on Monday the exchange […]
DR Congo’s PM to sign new mining code despite miners’ opposition
Democratic Republic of Congo Prime Minister will sign into law this Friday regulations to immediately implement a new mining code that will replace the previous […]
IFC gives BOA $60M to support SMEs in 8 African countries
The International Finance Cooperation, a member of the World Bank Group, announced earlier this week a $60 million investment in a regional risk-sharing facility to […]
MTN Ghana finally launches IPO, raises target to $787 Million
Africa’s leading telecommunication company MTN has launched its Initial Public Offering (IPO) in Ghana. The move has been described by industry players as historic in […]
Ghana to make country food self-sufficient—President Akufo Addo
Ghana’s president, Nana Akufo Addo on Wednesday said plans are ongoing to make the West African nation food self-sufficient and reduce the huge food import […]
Ethiopia: Gov’t opens telecoms sector to limited competition
Ethio Telecom, Ethiopia’s state-run telecom company has agreed to allow some local firms to provide internet services through its infrastructure. Ethiopia is one of the […]
Ethiopian Airlines becomes first African airline to reach 100 aircraft
Ethiopian Ethiopian Airlines will take delivery of its 100th aircraft, a Boeing 787-900 in the first week of June, the company said in a statement. […]