H&M shuts South African stores, apologies for ‘monkey’ advert
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 […]
Business
Towards a single air transport market in Africa
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
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
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
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
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
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. […]
ECOWAS: Morocco’s membership official early 2018
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
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 […]
Russia to invest $12bn in Ghana’s Rail Sector
The Russian Government, through its railway services agency, Geoservice, pledged to invest an estimated $12 billion in Ghana’s railway sector through various Public-Private Partnership (PPP) […]