African carriers to report net loss of $300m in 2019
African airlines are expected to report a net loss of $300 million in 2019, the International Air Transport Association (IATA) said. The expected net loss […]
Month: December 2018
Tanzania to ink $3 bln power plant deal
Tanzanian President, John Magufuli, announced that his government will sign a deal this week for the construction of a $3 billion hydroelectric power plant. The […]
Former CAR militia leader arrested in France faces war crimes trial
French authorities have arrested a “senior leader” of the Anti-Balaka militia who is facing extradition to The Hague, the International Criminal Court (ICC) said. Patrice-Edouard […]
South Africa deposits instrument ratifying Tripartite Free Trade Area
South Africa has deposited the instrument of ratification of the Agreement establishing the Tripartite Free Trade Area (TFTA), comprising three regional economic blocks – the […]
Italian Eni announces new oil discovery in Angola
Eni has struck a new oil discovery in the Afoxé exploration prospect located in Block 15/06, offshore Angola. The discovery is estimated to contain between […]
UN Chief grateful to Morocco for hosting conference on Global Compact for Migration
United Nations Secretary General Antonio Guterres, who was received Tuesday in Rabat by King Mohammed VI, expressed enormous gratitude to the Sovereign and to the […]
EU announces €125 million funding for Sahel region
The EU has announced new funding totaling €125 million for the Sahel countries. The fresh injection of €125 million will be used for the swift […]
Continental free trade area to boost e-commerce in Africa –UNCTAD
Opportunities abound for Africa to engage in and benefit from e-commerce and the digital economy as the African Continental Free Trade Agreement (AfCFTA) comes into […]
AfDB, Entreprenarium launch master classes for 200 women entrepreneurs
The African Development Bank, as part of its Initiative to Support Access to Women in Africa (AFAWA), in partnership with Entreprenarium, has launched training sessions […]
Nigeria: Presidential candidates ink election “peace pact”, a main challenger snubs it
Nigeria’s President Muhammadu Buhari on Tuesday signed a deal for peaceful elections but his main challenger for the upcoming election, Atiku Abubakar, snubbed the peace […]