Dangote sells two of his Nigerian noodle plants
Dangote Noodles Limited, a unit of Nigerian company Dangote Flour Mills, has sold two production lines for $12.26 million, the company said on Tuesday. The […]
Business
Côte d’Ivoire eyes about 400,000 tons of cotton this year
Côte d’Ivoire’s Cotton and Cashew Council on Thursday announced that the West African nation is expecting to harvest about 400,000 tons of cotton this year, […]
Africa’s intra-trade reaches 13% – UNECA
Trade among African countries accounts for only 13% of the continent’s overall trade, the United Nations Economic Commission for Africa said on Wednesday. The commission […]
King Mohammed VI Calls for Inclusive Development in Africa
King Mohammed VI has called for the elaboration of inclusive human and economic development programs in Africa, based on a regional or continental vision. In […]
Douala to become the financial hub of Central Africa
The heads of state of Economic and Monetary Community of Central Africa (CEMAC) in a meeting in the Chadian capital N’Djamena, decided to make Douala […]
Egypt: Chinese energy giant BYD inks a deal to build 128-km Monorail
Chinese giant BYD Co has signed an agreement with the authorities of Egypt’s largest port city of Alexandria to build Africa’s first straddle-beam monorail (SBM), […]
Namibia to close diamond mines by 2022
Anglo American’s diamond unit De Beers, plans to close four mines by 2022 in Namibia, a union official told local media on Tuesday. According to […]
Gabon unveils $300 million new port Harbor
The Gabonese government on Saturday, unveiled a $300 million port as the central African nation seeks to modernize the existing Port of Owendo. The new […]
Tunisia: Attijari Bank to sell client’s 27.550 shares over court decision
Country’s largest banking network Attijari Bank is to sell 27.550 shares belonging to a client who contracted a loan from the bank. The decision for […]
Morocco Looks forward to establishing tripartite partnership with Russia and Africa
Morocco expressed its steady commitment in favor of Africa and invited Russia to seal a tripartite partnership to undertake mutually beneficial projects in the continent. […]