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Month: January 2016

Algeria, China ink $3.3 bln Port deal

January 18, 2016 Khalid Al Mouahidi 0

The Algerian government on Sunday inked a $3.3 billion deal to build and exploit a new centre transhipment port at Cherchell, some 60 km west […]

Kenya: New car sales increase by over 12% in 2015

January 18, 2016 Steven Addamah 0

Kenya’s new car sales increased by 12.86 percent last year to 19,524 units, the Kenya Motor Industry Association (KMI) said on Monday. According to Rita […]

Egypt seeks $1bln loan from China

January 18, 2016 Geraldine Boechat 0

Egypt’s central bank is expected to borrow one billion dollars in a concessional loan from China to help shore up its foreign reserves. The loan […]

Seychelles to recruit teachers from Botswana

January 18, 2016 Khalid Al Mouahidi 0

In a bid to fill the shortage of teachers in various schools, Seychelles will be hiring teachers from Botswana. A first batch of teachers is […]

Libya: Announcement of New Government Delayed

January 18, 2016 Khalid Al Mouahidi 0

The presidential council established under the Libyan Political Agreement (LPA) delayed the announcement of a unity government saying on Sunday that it needs at least […]

Egypt extends participation in Yemen war

January 17, 2016 Khalid Al Mouahidi 0

A statement from the Egyptian presidency announced that “the National Defense Council agreed to prolong the participation of its armed forces engaged in a combat […]

Zambia almost ready to host AfDB’s annual meeting

January 16, 2016 Khalid Al Mouahidi 0

Zambia is expected to host the African Development Bank (AfDB) annual meeting with the development expected to create an opportunity for the country to showcase […]

Burundians to enjoy ultrafast broadband Internet

January 16, 2016 Steven Addamah 0

Burundian Telecommunications Minister, Nestor Bankumukunzi has officially launched the land lines called ADSL 2+ to widen access to broadband Internet and cut costs in the […]

Zimbabwe: Mining companies put new projects on hold

January 15, 2016 Khalid Al Mouahidi 0

Zimbabwe’s mining industry will shrink for the first time in five years because of falling metal prices, high costs and a lack of capital, the […]

South Africa: Tension mounts as ASA Metals plans massive job cuts

January 15, 2016 Steven Addamah 0

South Africa’s National Union Mineworkers (NUM) calls for actions against a plan by mining company ASA Metals to lay off hundreds of workers. ASA Metals, […]

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  • Eighty-two Malian Soldiers Held Hostage Since April Freed, Army Says
  • Nigeria considers crude supply reforms to support Dangote, other refiners
  • Guinea set to secure $425m IMF financing package
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  • WHO warns DRC Ebola outbreak could surpass West Africa epidemic
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