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South Africa: Ford to invest $170m, Create 1,200 Jobs

April 8, 2016 Geraldine Boechat 0

The American giant Ford Motors said it is investing $170 million to expand operations in South Africa in a move that will bring more of […]

Angola Seeks IMF Help to Address Economic Challenges

April 7, 2016 Khalid Al Mouahidi 0

Angola, Africa’s second largest crude producer, on Wednesday said it plans to start talks with the International Monetary Fund about a loan to help its […]

Mozambique Ailing Economy Gets Support from AfDB

April 5, 2016 Khalid Al Mouahidi 0

The African Development Bank (AfDB) on Monday said it will disburse $1.7 billion to assist Mozambique, hard hit by the slump in commodity prices. The […]

Libya’s National Oil Corporation Backs New Unity Gov’t

April 4, 2016 Pawla Nibramich 0

Libya’s National Oil Corporation (NOC) on Sunday said it is going to work with the UN-backed unity government that arrived in Tripoli last week. According […]

Egypt to Ban Rice Exports as of April 4

April 3, 2016 Khalid Al Mouahidi 0

Egyptian minister of Industry and Foreign Trade Tarek Qabil on Friday said the North African nation will ban rice exports as of April 4 in […]

Ghana: Central Bank Governor Steps Down

April 3, 2016 Khalid Al Mouahidi 0

By Emmanuel Vitus, Accra, Ghana After overseeing one of the most disastrous performances of the local currency, the cedi and the collapse of the hitherto […]

Southern Madagascar Suffers from Severe Drought

April 3, 2016 Khalid Al Mouahidi 0

Southern Madagascar has been suffering from a severe drought for almost a year that severely impacted agricultural activities. The government of the Indian Ocean Island […]

Kenya Airways to cut 600 jobs

April 1, 2016 Khalid Al Mouahidi 0

Kenya Airways plans to lay off about 600 employees, part of its restructuring measures starting May 2016. The airline, which uses the slogan “The Pride […]

Ex-Rwandan Diplomat Dies in Burundian Prison

April 1, 2016 Khalid Al Mouahidi 0

Rwanda’s former ambassador to Belgium and former Youth Minister, Jacques Bihozagara, jailed in Burundi after being arrested for espionage last year, died behind bars, local […]

Guinea: Strike over High Living Costs Paralyses Activities

March 31, 2016 Khalid Al Mouahidi 0

Guinea’s opposition called for a nationwide strike on Wednesday to protest the high living costs and the government’s refusal to cut down fuel prices in […]

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News

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    July 13, 2025 0

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