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Algeria: Arabs should support Arab solutions to Arab issues, Minister

July 31, 2015 Khalid Al Mouahidi 0

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

July 31, 2015 Geraldine Boechat 0

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

July 30, 2015 Geraldine Boechat 0

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

July 28, 2015 Khalid Al Mouahidi 0

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

July 28, 2015 Khalid Al Mouahidi 0

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

July 27, 2015 Khalid Al Mouahidi 0

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

July 27, 2015 Geraldine Boechat 0

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 […]

Zimbambwe: China to build $1.1bn thermal power plant

July 24, 2015 Khalid Al Mouahidi 0

Zimbambwe signed on Thursday a $1.1 billion agreement with the China State Construction Engineering Corporation (CSCEC) to build a 600-megawatt thermal power plant by 2019 […]

Nigeria’s Union Bank Pretax Profit up 2.3% in H1 2015

July 23, 2015 Geraldine Boechat 0

Union Bank of Nigeria plc (UBN) on Thursday said its 2015 first half (H1) pretax profit rose 2.3 percent to 6.61 billion naira ($33 million), […]

Senegal: Chad’s Habre trial adjourned until Sept.7

July 22, 2015 Steven Addamah 0

The trial in Senegal of Chad’s former dictator Hissène Habré has been adjourned until September so that court-appointed lawyers can prepare his defense against charges […]

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