Burkina Faso: SOFITEX reaches funding agreement of € 70 million
Burkina Faso’s company of textile fibers (SOFITEX) continues to seek for funding on behalf of the new cotton season. The company has finalized on the […]
Finance
Togo will use its first 4G network in 2015
After introducing the first 3G broadband network in Togo in 2010, the mobile phone company Togocel has announced this weekend the introduction of 4G network […]
Algeria to reach 151 Bln m3 of natural gas by 2019
The production of natural gas from Algeria would reach 151 billion m3 by 2019 after a production level of about 131 billion m3 in 2014, […]
Rwanda: The solar plant Agahozo increases national energy capacity by 6%
Considered as the largest solar power plant in Central Africa and the East, the Agahozo solar plant, with its 8.5 MW capacity spread over 21 […]
Mozambique recorded 9.6% growth in 2014
According to a statement released by the Mozambican government on the 11th February, the economy of the country has grew 9.6% in 2014, a higher […]
Ethiopian Airlines to become the No.1 in Africa in 2015
Ethiopian Airlines is planning a rapid expansion to become a leader in Africa in terms of passenger traffic; the “title” is already acquired in terms […]
AFCON 2015: Alassane Ouattara disburses 2Bln CFA to Ivory-Coast’s football team
The Head of the Ivorian state Alassane Ouattara has offered on Tuesday 09th February 02 billion FCFA for Elephants footballers winners of the on Sunday […]
KENYA: The CAD Fund to open office in Nairobi
The China-Africa Development Fund (CADF) will open an office in Nairobi to cover the entire East African region, said the vice president of the largest […]
Nigeria: Dangote plans to produce 950,000 tons of rice
The multimillionaire and famous Nigerian business tycoons Aliko Dangote will invest in agriculture. After the announcement of the largest tomato processing unit of the continent […]
Kosmos Energy Finalizes Offshore Mauritania Farm-Out Agreement with Chevron Corporation
Kosmos Energy, US oil and Gas Company based in New York has announced on the 4th February entering into a farm-out agreement with Chevron Mauritania […]