Business – Page 94 – Medafrica Times

Zambia: Glencore plans to close two shafts, fires 2000 workers

May 15, 2019 Khalid Al Mouahidi 0

Zambia’s Mopani Copper Mines, owned by mine giant Glencore, plans to close two shafts at its Nkana mine in Kitwe. According to unions, the move […]

Peugeot to start production at its Kenitra plant

May 10, 2019 Khalid Al Mouahidi 0

French car producer Peugeot Societe Anonyme (PSA) will launch in the second quarter (Q2) a new production factory, in Kenitra, 40 km to the north […]

Green Energy: Nedbank issues renewable energy bond

May 8, 2019 Khalid Al Mouahidi 0

Nedbank, a local private bank in South Africa, has issued green bonds to support the development of four green energy projects in the southern African […]

Côte d’Ivoire awards Morocco’s Agentis contract to build two regional hospitals

April 30, 2019 Khalid Al Mouahidi 0

Agentis, a Moroccan company distributor and manufacturer of medical devices has won a $97-million contract in Côte d’Ivoire to build two regional hospitals. Under the […]

BMW to source cobalt from Morocco, Australia instead of RDC

April 25, 2019 Khalid Al Mouahidi 0

German car manufacturing giant BMW has announced a plan to buy cobalt directly from mines in Australia and Morocco to ensure the metal purchased for […]

Nigeria’s oil minister seeks new funding options in Saudi Arabia

April 25, 2019 Khalid Al Mouahidi 0

Nigerian Oil Minister Emmanuel Kachikwu and the president of Saudi Aramco on Tuesday discussed investment options in the midstream and downstream sector, Nigeria’s petroleum ministry […]

Kenya betting big on geothermal plants in Rift Valley

April 18, 2019 Khalid Al Mouahidi 0

In Kenya, Chinese company Kaishan Renewable Energy Development has signed procurement, engineering and construction (EPC) agreement to build a $65 million geothermal power plant. The […]

Egypt: private electricity producers gear up for the world’s largest solar installation

April 15, 2019 Khalid Al Mouahidi 0

Oslo Stock Exchange-listed energy company, Scatec Solar, has commissioned a 65-megawatt photovoltaic power plant within the Benban complex in eastern Egypt. According to local media, […]