Business – Page 91 – Medafrica Times

Zimbabwe unveils new Boeing 777 with Mugabe’s initials

April 13, 2018 Steven Addamah 0

Zimbabwe has bought two Boeing 777 aircraft and an Embraer plane from Malaysia, finance Minister Patrick Chinamasa said on Wednesday. According to Patrick Chinamasa, the […]

Kagame appoints female CEO for national carrier RwandAir

April 9, 2018 Steven Addamah 0

Rwanda’s President Paul Kagame has appointed Yvonne Manzi Makolo as Chief Executive Officer (CEO) of Rwanda’s national carrier, RwandAir. Makolo’s appointment was part of a […]

Tunisia: tourism revenues up 23% in first quarter

April 5, 2018 Geraldine Boechat 0

Tunisian tourism receipts have grown by 23 percent in the first three months of 2018, reaching $188 million, according to figures released by the ministry […]

Namibia economy slips into recession

March 29, 2018 Steven Addamah 0

Namibia has dropped into recession after its mining-fueled economy contracted in the final two quarters of last year, the statistics office said on Thursday. According […]

Corruption, backlogs hit Cameroon’s Douala Port—Report

March 28, 2018 Geraldine Boechat 0

Corruption, bureaucratic red tape, overpriced services and a growing backlog has hit Cameroon’s port of Douala, AFP reported. According to the news Agency, the country’s […]

Morocco, first destination for direct foreign investments in Africa

March 27, 2018 Khalid Al Mouahidi 0

Morocco has been ranked as the first destination of foreign direct investments on the African continent in the 2018 Africa Investment Index (AII) released by […]

Afreximbank to invest $25 billion to promote Intra-African trade

March 26, 2018 Geraldine Boechat 0

On the sidelines of the launch last week of the African Continental Free Trade Area, Afreximbank has pledged $25 billion over Five Years to upgrade […]

Over 1,200 business leaders meet in Abidjan

March 26, 2018 Khalid Al Mouahidi 0

The sixth edition of the Africa CEO Forum organized by Jeune Afrique Media Group and Rainbow Unlimited, in Abidjan, brought together around 1,200 delegates including, […]

Ivorian coffee stuck at ports after Algeria banned imports

March 21, 2018 Khalid Al Mouahidi 0

Coffee is piling up at ports and warehouses in Côte d’Ivoire, the world’s biggest coffee producer, 3 months after Algeria, its main buyer, banned the […]