Sanctions-hit Rusal restarts alumina refinery in Guinea
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 […]
Business
Mauritius to sell citizenship
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 […]
DRC to liberalize 90% of African imports by 2020
Democratic Republic of Congo’s chief negotiator for the African Continental Free Trade Area (AfCFTA), Floribert Kwete Mikobi, said that DRC will liberalize 90% of imports […]
Kenyan government unveils next year’s budget
Kenyan Treasury cabinet secretary Henry Rotich has unveiled the 2018/2019 budget in Parliament, local media reported. The expenditure will help finance President Uhuru Kenyatta’s so-called […]
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 […]
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 […]