South Africa: MTN H1 profit declines by 11%
MTN Group Ltd., Africa’s largest wireless operator, on Wednesday reported a decline in revenue both locally, and at the group level, for the first six […]
Zoom
Zambia: Dangote Cement plans $900 Mln investment
Dangote Cement plans to double investment in Zambia to around $900 million by building a second cement plant, the company’s vice-president said on Tuesday. Dangote […]
SABMiller may be forced to close South Sudan Unit – officials
SABMiller Plc., the world’s second-biggest brewer, may be forced to halt operations in South Sudan unless it’s able to access foreign currency and fuel needed […]
Algeria: Arabs should support Arab solutions to Arab issues, Minister
Algeria’s Foreign Minister Ramtane Lamamra has called on Arabs to solve their own issues. Arabs should support Arab solutions to Arab issues, he said during a joint […]
Somalia’s imports must grow by 25% – IMF
The International Monetary Fund said on Thursday that Somalia’s imports must grow by about a quarter over the next three years to support a recovering […]
Mali: Randgold Resources plans to invest more in the mining sector
Randgold Resources Ltd said on Tuesday it will take over the underground mining at the Yalea and Gara mines at the Loulo project in Mali […]
Libya: Gaddafi’s son sentenced to death
Saif al-Islam Gaddafi, the son of Libya’s former dictator, Muammar Gaddafi, has been sentenced in absentia to death by a court in Tripoli over war crimes linked […]
Diageo and Heineken end partnership in South Africa and Namibia
The drinks maker, Diageo is pulling out of its South African and Namibian joint ventures with Heineken and local partner Ohlthaver & List. Diageo Plc […]
West African Development Bank to raise $500m for regional integration
The West African Development Bank (BOAD) plans to raise up to $500 million from the international financial markets in the last quarter of 2015 to […]
Vodacom Group appoints new chief financial officer
Vodacom Group Ltd., the South African unit of Vodafone Group Plc, appointed Till Streichert as chief financial officer after Ivan Dittrich resigned. Ivan Dittrich, chief […]