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Nigeria: Bahrain-based Lamar Holding to inject investment into Fintech startup TechAdvance

August 21, 2019 Khalid Al Mouahidi 0

Bahrain-based energy investment Lamar Holding will invest $1 million into TechAdvance, one of Nigeria’s Fintech startups. The investment will help TechAdvance carry out its expansion […]

Angola to privatize 86% of its public companies by 2022

August 19, 2019 Khalid Al Mouahidi 0

The Angolan government plans to privatize 86% of its public companies by 2022.   According to Macauhub news agency, citing Vera Daves de Sousa, Secretary […]

Cameroon to ban import of 50 products to boost local industry

August 12, 2019 Khalid Al Mouahidi 0

Cameroon’s Ministry of Commerce has announced that the Central African nation would suspend the importation of about 50 products. The ministry is yet to provide […]

Morocco’s Agentis starts building $50m hospital in the Côte d’Ivoire

August 7, 2019 Khalid Al Mouahidi 0

Moroccan company Agentis has started the construction of a new regional hospital in Côte d’Ivoire.   The construction of the new regional hospital (CHR) in […]

Namibia inaugurates 40-hectare Chinese-built port terminal

August 7, 2019 Khalid Al Mouahidi 0

Namibia’s president, Hage Geingob has unveiled a new $200 million port terminal to double the country’s port capacity from 350,000 containers to 750,000 per year. […]

China Yunhong Group to invest over $300 million in Burkina Faso

August 2, 2019 Khalid Al Mouahidi 0

In Burkina Faso, Chinese industrial giant, China Yunhong Group plans to invest about 200 billion FCFA (about $336.6 million) over the next five years in […]

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Benin to modernize its 300-hectare transit port

August 2, 2019 Khalid Al Mouahidi 0

The government of Benin has announced plans to upgrade its major port in capital Cotonou to make it more competitive, reported AFP news agency. The […]

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China lifts its beef ban on South Africa

August 1, 2019 Khalid Al Mouahidi 0

outh Africa has resumed beef exports to China after an outbreak of the highly contagious foot and mouth disease (FMD) in Vhembe, a northern district […]

Niger to open export-processing zone

July 31, 2019 Khalid Al Mouahidi 0

Niger has announced a plan to set up an export-processing zone to become more attractive and indirectly increase its economic comfort. According to communiqué released […]

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South Africa: unemployment hits 29%, 11-year high

July 31, 2019 Khalid Al Mouahidi 0

Unemployment rate in South Africa has jumped to its highest since the global financial crisis more than a decade ago, data showed on Tuesday. The […]

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