South Africa: Tension mounts as ASA Metals plans massive job cuts
South Africa’s National Union Mineworkers (NUM) calls for actions against a plan by mining company ASA Metals to lay off hundreds of workers. ASA Metals, […]
Business
Orange to acquire Airtel’s two subsidiaries in West-Africa
French telecoms giant Orange on Wednesday said it has signed an agreement with Bharti Airtel of India to acquire the latter’s operations in Burkina Faso […]
Nigeria: New Lagos airport to handle 30m passengers yearly
The Federal Airports Authority of Nigeria (FAAN) on Thursday said the new terminal building at the Murtala Mohammed International Airport (MMIA), Lagos, is expected to […]
Nigeria to contribute 4.5% of global auto sales in 2016
Online vehicle marketplace, www.carmudi.com.ng on Tuesday predicted that the Nigerian auto industry is expected to contribute at least 4.5 per cent of 2016 global automobile […]
Ivory Coast: Oct-Dec. cocoa harvest drops
Output from Ivory Coast’s October-to-December cocoa mid-crop falls short of last year’s harvest, Reuters reported on Monday. By Dec. 27, cocoa port arrivals had reached […]
China and Mali enter $1.5 bn railway rehabilitation agreement
A Chinese state-owned rail company has signed a $1.486 billion contract with Malian government to renovate the west-African nation’s railway network linking the Capital city […]
Zimbabwe: China to cancel $40 mln debt – Official
Zimbabwe Finance Minister on Monday said China will cancel about $40 million of Zimbabwe’s debt due to the improvement of bilateral relations between the two […]
MTN secures Ivory-Cost licence after Ghana
Mobile network operator MTN has deposited an instalment payment to Côte d’Ivoire’s government on Wednesday in order to renew its licence, which expires in April […]
Angola & China state-run oil companies agree 10-year oil deal
China’s state-owned oil company, Sinochem Group said on Wednesday it had signed a deal with Angolan state-owned producer Sonangol to buy crude oil for more […]
DRC loses up to $15 billion yearly due to fraud
Democratic Republic of Congo (DRC) president’s anti-corruption adviser on Wednesday said the central African country loses up to $15 billion yearly due to fraud. During […]