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Nigeria: Transcorp plans to increase power generation capacity by 2018

July 3, 2015 Khalid Al Mouahidi 0

Transnational Corporation of Nigeria (Transcorp) is planning to expand its power generation capacity to 2,500MW by 2018 with an investment of $1.57bn. Transcorp, which also […]

Foreign investment: Rwanda targets $1.2 Bln in 2015

July 3, 2015 Khalid Al Mouahidi 0

Rwanda aims to increase foreign direct investment in 2015 to $1.2 billion, a fourfold jump from two years ago, helped by a new investment Code […]

WB provides Angola $650 million to stabilize its economy

July 3, 2015 Geraldine Boechat 0

The World Bank agreed to give Angola $650 million in financial support to help stabilize an economy that’s reeling from a plunge in oil prices. […]

Libya-Côte d’Ivoire: GreenN telecoms company and Ivorian government reach agreement

July 3, 2015 Khalid Al Mouahidi 0

Libya Africa Investment Portfolio (LAP), owner of GreenN telecoms, announced on Thursday that the Ivorian government would not nationalize the ailing GreenN Cote d’Ivoire telecoms […]

Egypt: Around 100people killed amongst them nine from the Muslim Brotherhood

July 2, 2015 Khalid Al Mouahidi 0

Nine leaders of the Muslim Brotherhood have been killed in an apartment in Cairo where they were meeting to plan terrorist plots, according to the […]

UN: “There is no way that Zimbabwe could introduce the local currency”

July 1, 2015 Khalid Al Mouahidi 0

The United Nations says Zimbabwe is unlikely to have its own currency in the next five years, after it dumped its inflationary ravaged dollar in […]

Moroccan Carrier increases its flights to Nouakchott to six a week

June 28, 2015 Khalid Al Mouahidi 0

The Moroccan carrier, Royal Air Maroc or RAM, will increase its Casablanca-Nouakchott flights to six a week as of next July 11 and projects to […]

Mali: Tax collectors give gov’t 72-hour strike notice

June 26, 2015 Khalid Al Mouahidi 0

The union of tax collectors of Mali has given the General Tax Directorate 72-hour strike notice after attempts to reach a first collective agreement failed. […]

Cameroon: Hajj 2015, FCFA 259,000 cost increase

June 24, 2015 Steven Addamah 0

An additional sum of 259,000 FCFA has been added as part of expenses for the 2015 Muslim Pilgrimage to Mecca this year in Cameroon, the […]

Mali: Lack of rain affects cotton production

June 23, 2015 Geraldine Boechat 0

The head of Mali’s state-owned textile development company, CMDT, announced recently that Mali’s target cotton production is 800,000 tons by 2018 but lack of rain […]

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