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Business

Ethiopian Airlines to revamp Zambia’s carrier

January 17, 2018 Geraldine Boechat 0

Ethiopian Airlines on Tuesday said it had signed an agreement with the Zambian government to revamp the country’s ailing national carrier. According to the Addis […]

H&M shuts South African stores, apologies for ‘monkey’ advert

January 16, 2018 Khalid Al Mouahidi 0

The Swedish clothes retailer H&M has closed all its shops in South Africa after an online advert that featured a black child wearing a hoodie […]

Towards a single air transport market in Africa

January 9, 2018 Khalid Al Mouahidi 0

The African Union is planning to launch an African single air transport market with 40 plus countries expected to be signatories. So far, 23 African […]

Diamonds bigger than 100 carats unearthed in Lesotho

January 9, 2018 Steven Addamah 0

A miner in South Africa has discovered two huge diamonds, each bigger than 100 carats in a Lesotho mine, local media reports. Gem Diamonds Ltd […]

Libyan oil revenues up sharply in 2017 – Central Bank

January 8, 2018 Geraldine Boechat 0

Libyan oil revenues have sharply increased in 2017, the central Bank said last weekend. According to a statement released by the central Bank, the North […]

Cameroon extractive industries generated 888 billion CFA

January 4, 2018 Khalid Al Mouahidi 0

Extractive industries generated 888 billion CFA francs in the state coffers of Cameroon, thanks to the signing of new oil deals and the promulgation of […]

Sudan inks agreement with Saudi Arabia to restore banking ties

December 29, 2017 Khalid Al Mouahidi 0

Sudan and Saudi Arabia will soon re-establish banking relations, to help restore confidence in Sudan’s economy after the lifting of U.S. economic sanctions, the state-run […]

Morocco Purchases 4 Dreamliner Planes for $1.1 billion

December 28, 2017 Khalid Al Mouahidi 0

The fleet of Morocco’s national airline company Royal Air Maroc (RAM) will be enhanced with the purchase of four 787-9 Dreamliner planes for $1.1 billion. […]

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ECOWAS: Morocco’s membership official early 2018

December 16, 2017 Khalid Al Mouahidi 0

Leaders of the Economic Community of West African States, ECOWAS, will not greenlight Morocco’s membership at Abuja summit this Saturday, postponing the announcement to early […]

China inks $60mln airport deal with Mozambique

December 12, 2017 Steven Addamah 0

Mozambique and china have inked a new $60m deal to build an airport in the Southern port city of Xai Xai. According to the southern […]

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