South Africa: ‘xenophobic’ attacks against foreigners’ property
The police in Johannesburg Monday said they have detained over 70 people believed to have attacked shops and cars owned by foreigners. Police managed to […]
Business
TICAD VII: Egypt strikes deal with Japan’s leading bank to boost mutual investments
Egypt’s General Authority for Investment and Free Zones (GAFI) has penned a Memorandum of Understanding with Japan’s top banking group in a move that will […]
Maroc Telecom strikes new deal with state for telecoms infrastructure development
Morocco’s leading telecommunication company, Maroc Telecom, has inked a new deal with the government to develop the kingdom’s telecoms infrastructure for the next three years. […]
Nigeria: Bahrain-based Lamar Holding to inject investment into Fintech startup TechAdvance
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
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
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
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
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
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 […]
Benin to modernize its 300-hectare transit port
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 […]