Zambia eyes $500 million bond to pay power bills
Zambia plans to launch a $500 million bond program to settle arrears to independent electricity providers, according to Bloomberg. The bond program has been structured […]
Business
Nissan to set car assembly plant in Algeria
Japan’s second largest car maker Nissan Motor Co has announced it will launch a car assembly plant jointly with a local partner in view of […]
Rabat Appreciates Adoption by EU Parliament of Morocco-EU Fisheries Deal
The European Parliament adopted Tuesday with a resounding majority the new fisheries agreement with Morocco, including the Sahara, a historic vote which prompted the appreciation […]
South Africa launches continent’s most advanced nanosatellite
South Africa has successfully launched into space the continent’s most advanced nanosatellite to date – the ZACube-2. The ZACube-2 will provide cutting edge remote sensing […]
Guinea-Bissau needs ‘genuinely free and fair elections’ to break cycle of instability
Unless political actors in Guinea-Bissau demonstrate renewed good faith to hold “genuinely free and fair elections,” the country is set to face a continuous cycle […]
Chinese company to invest $147 mln in copper project in DRC
China’s Zhejiang Huayou Cobalt Co will invest $147.2 million to build a copper project in Democratic Republic of Congo (DRC), the company said on Tuesday. […]
Intra-African Trade Fair records $32.6 billion in concluded deals
The inaugural Intra-African Trade Fair (IATF), held recently in Cairo, was marked by the signing of deals valued at $32.6 billion, according to preliminary figures […]
Angola joins forum of gas exporting countries
Angola has been admitted as an observer member of the Forum of Gas Exporting Countries (GECF), during the group’s 20th ministerial meeting held in Port […]
Mauritania awards Total two oil exploration and production contracts
Integrated oil and gas company Total and the Ministry of Petroleum, Energy and Mines of Mauritania have signed an agreement awarding Total two new exploration […]
African carriers to report net loss of $300m in 2019
African airlines are expected to report a net loss of $300 million in 2019, the International Air Transport Association (IATA) said. The expected net loss […]