Nigeria to raise $2.5 billion through Eurobonds
Nigeria will raise $2.5 billion through Eurobonds in the first quarter, the Debt Management Office (DMO) said on Thursday. According to the head of the […]
Business
Ethiopian Airlines to revamp Zambia’s carrier
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
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
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 […]