Somalia to resumet livestock exportation to Egypt
An agreement on the resumption of Somalian livestock exports to Egypt has been reached recently between the two governments which also decided to bolster exchanges […]
Month: June 2015
China Development Bank lends $ 2 billion to Transnet group
The South African logistics group Transnet announced it had obtained a loan of 30 billion rand ($ 2 billion) from the China Development Bank to […]
South Africa: Mr Price plans to open stores in Australia
The South Africa’s fashion-value retailer Mr Price plans to open stores in Australia by the end of this year, as sales growth in its home […]
Kenya: IMF lowered its growth forecast for 2015 to 6.5%
The International Monetary Fund (IMF) announced that the Kenyan economy is expected to grow by 6.5% in 2015, against the 6.9% forecast announced earlier this […]
Emirates airline to serve Cameroon as of this June
Emirates, the Middle East’s biggest carrier, will open a new route to Cameroon as of this June according to information revealed by the pan-African newspaper, […]
Egypt: al Sisi apologizes for police brutality
President al Sisi has presented his apologies to the lawyers’ union and Egyptian citizens for police brutality after a police officer has been accused of […]
Gabon-Morocco: a Royal Visit under the Sign of Unwavering Friendship
The friendship and working visit King Mohammed VI of Morocco is paying to Gabon is expected to give a new momentum to the two countries’ […]
Economy: World Bank Group President to visit Egypt for first time
After his visit to Germany, President Al Sisi will welcome Jim Yong Kim, President of the World Bank Group who is expected in Egypt this […]
Egypt-Italy: Eni to invest $ 2 billion in Egypt’s oil fields exploration
Egypt and the Italian oil company Eni have agreed on a $2 billion deal authorizing the Italian firm to explore some of Egypt’s oil fields. […]
Africa loses $ 11 billion annually from fraud and tax avoidance, Oxfam
Multinational companies deprive African governments of 11 billion dollars in taxes each year, and the G7 world leaders should set up a new global body […]