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Business

South Africa could harvest highest maize crop in 40 years

June 1, 2017 Steven Addamah 0

South Africa is expecting to harvest its highest maize crop in 40 years following good rains in the first quarter of 2017. According to the […]

Kenya launches multi-billion Chinese-backed railways

May 31, 2017 Khalid Al Mouahidi 0

Kenya authorities on Tuesday launched a multi-billion a Chinese-backed railway with a first trip from the city of Mombasa to capital Nairobi. In his official […]

Djibouti opens new 690-hectare mega port

May 26, 2017 Geraldine Boechat 0

Djibouti has opened the country’s latest mega port with world-class facilities and equipment on Wednesday. The $590 million Doraleh Multipurpose Port designed by China and […]

China to rebuild Gabon’s new parliament

May 26, 2017 Khalid Al Mouahidi 0

China will rebuild the Gabonese National Assembly headquarters destroyed during post-electoral violence in the central African nation. Local media indicated that Chinese authorities have agreed […]

South Africa: General Motors to cut 600 jobs

May 23, 2017 Khalid Al Mouahidi 0

Some 600 workers out of 1,500 at General Motors in South Africa will lose their jobs by July after a decision last week by the […]

Kenya seeks additional $3.5 billion loan from Eximbank

May 18, 2017 Geraldine Boechat 0

The Kenyan government is seeking additional $3.5 billion loan from China Eximbank for the construction of the Nairobi-Mombasa railway line, local media reported. This additional […]

Morocco, Nigeria Turning Africa’s Dreams into Reality

May 16, 2017 Khalid Al Mouahidi 0

Morocco and Nigeria, two major African regional powers, are enhancing their strategic alliance in a bid to turn the cherished African dreams into tangible reality. […]

Sierra Leone’s 706-carat diamond auction fails in Belgium

May 12, 2017 Geraldine Boechat 0

Sierra Leone government on Thursday fails to sell one of the world’s largest diamonds at an auction in Belgium. The large stone of 706-carat was […]

Tanzania: John Magufuli pushes for mining companies reforms

May 10, 2017 Geraldine Boechat 0

Tanzania’s ‘Bulldozer’ John Magufuli on Tuesday announced plans to enforce a new rule requiring mining firms to list on the Dar es Salaam Stock Exchange […]

Germany pushes for private investment in Africa

April 24, 2017 Geraldine Boechat 0

The German government is moving to boost private investment in Africa, Finance Minister, Wolfgang Schaeuble, told reporters in Washington during the Global Infrastructure Forum. According […]

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    June 16, 2025 0

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