South Africa: Ford to invest $170m, Create 1,200 Jobs
The American giant Ford Motors said it is investing $170 million to expand operations in South Africa in a move that will bring more of […]
China
Angola: Yellow Fever Kills 37
Angolan national director of health on Wednesday said yellow fever has killed 37 people as Africa’s second-largest crude exporter suffers from the outbreak since December. […]
IMF asks Ghana to remove tax exemptions from tax laws
The international Monetary Fund has asked Ghanaian government to institute additional measures to ensure it spends within the approved budget and fast track expected economic […]
Nigeria needs $1 bln budget support loan from AfDB
The African Development Bank (AfDB) on Tuesday said the federal government of Nigeria had requested a ‘Budget Support Loan’ of $1 billion to enable it […]
Djibouti signs important economic agreements with China
Djibouti’s president signed earlier this week trade and economic agreements with the Chinese government to set up a legal framework and allow Chinese financial service […]
Egypt: China’s Xi Jinping arrives in Egypt to boost ties, Cairo rubs hands
Chinese President Xi Jinping arrived Wednesday in Cairo in what has been defined as a landmark visit that will bolster ties with Egypt which expects […]
Algeria, China ink $3.3 bln Port deal
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 […]
Egypt seeks $1bln loan from China
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 […]
Boko Haram: U.S. warns citizens to avoid travel to Cameroon
The U.S. State Department has issued a warning to its citizens about the risk of travelling to the North regions of Cameroon. “U.S. citizens should […]
China and Mali enter $1.5 bn railway rehabilitation agreement
A Chinese state-owned rail company has signed a $1.486 billion contract with Malian government to renovate the west-African nation’s railway network linking the Capital city […]