Corruption, backlogs hit Cameroon’s Douala Port—Report
Corruption, bureaucratic red tape, overpriced services and a growing backlog has hit Cameroon’s port of Douala, AFP reported. According to the news Agency, the country’s […]
Business
Morocco, first destination for direct foreign investments in Africa
Morocco has been ranked as the first destination of foreign direct investments on the African continent in the 2018 Africa Investment Index (AII) released by […]
Afreximbank to invest $25 billion to promote Intra-African trade
On the sidelines of the launch last week of the African Continental Free Trade Area, Afreximbank has pledged $25 billion over Five Years to upgrade […]
Over 1,200 business leaders meet in Abidjan
The sixth edition of the Africa CEO Forum organized by Jeune Afrique Media Group and Rainbow Unlimited, in Abidjan, brought together around 1,200 delegates including, […]
Ivorian coffee stuck at ports after Algeria banned imports
Coffee is piling up at ports and warehouses in Côte d’Ivoire, the world’s biggest coffee producer, 3 months after Algeria, its main buyer, banned the […]
African leaders to sign the Continental Free Trade deal in Kigali
The Heads of State and Government of the African Union (AU) will hold an extraordinary meeting this week for the official launch of the African […]
Ghana to adopt new tax collection system as it exits IMF
The Ghanaian Revenue Authority (GRA) has been asked to put in place an effective tax collection system to make it easier for those in the […]
French companies to invest $10 billion in Kenya – Official
French companies will invest $10 billion in Kenya in roads, energy, manufacturing and other sectors, Reuters reported on Thursday. The relationship between the two countries […]
South Africa’s MTN posts $279 million annual profit after Nigeria fine saga
MTN Group, Africa’s biggest mobile-network operator by sales, said it returned to profit in 2017 with earnings totaling 3.3 billion rand, or 182 cents per […]
Orange launches Social Venture Prize competition
French telecommunications giant Orange has launched on Thursday competition for the Social Venture Prize to reward African tech startups bearing innovative Information and Communication Technologies […]