Kenya: Uchumi Supermarkets to close underperforming branches
Uchumi, the oldest supermarket chain in Kenya could shut down some of its underperforming branches resulting in job losses as it restructures its business, the […]
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Côte d’Ivoire signs concession deal for Abidjan urban rail line
Côte d’Ivoire has launched massive upgrades to its roads infrastructures and the government in this vision signed on Monday a concession agreement with France’s Bouygues […]
Seychelles: Inflation at 4.3 pct in June, Tourism Board forecasts 5% growth
Seychelles’ inflation rose to 4.3 percent year-on-year in June from 4.0 percent a month earlier, official data showed on Wednesday. Month-on-month inflation stood at 0.5 […]
Orange to connect Benin and Canary Islands with submarine cable
Orange (formerly France Telecom), together with the other members of the ACE consortium, has announced the launch of the ACE cable in Cotonou, Benin and […]
South Africa will import white maize from Mexico
South Africa’s recent drought has forced the country to import maize again. The news comes after confirmation that South Africa will import about 50-thousand tons […]
West-Africa: Akon Lighting Africa to invest $ 200,000 in Energy
The Akon Lighting Africa initiative will give $200 000 dollars to support the newly created Western African Energy Leaders Group. The financial commitment was made by the […]
Nigeria: Transcorp plans to increase power generation capacity by 2018
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 […]
Ghana: 15% hike in petroleum prices
One week after new 15 percent increment in transport fares across Ghana, prices of gas and petroleum products are due to go up by 15% […]
Tourism: Tunisia expects to lose over $500 Mln after Sousse’s attack
The tourism sector of Tunisia expects to lose at least $515 million this year following last Friday’s attack on a Tunisian beach in Sousse, in […]
New IDA Loan to Connect 36,000 Liberians to electricity
The World Bank Board of Executive Directors approved a new $60 million International Development Association (IDA) credit for the Government of Liberia, in West Africa. […]