Madagascar to pass long-delayed mining and petroleum bills in October
Madagascar’s Minister for Mines & Petroleum Joeli Valerien Lalaharisaina has declared Madagascar ready to do business with the international community and is currently in the […]
Economic
East Africa : Maersk expects 10% Freight Growth
The Danish shipping company A.P. Moeller-Maersk A/S freight volumes is expected to grow by 10 percent in the East African region this year due to the acceleration […]
Energy: Egypt signs deals with Russia’s Rosneft
Egypt’s government signed on Tuesday two initial deals with Russia’s top oil producer Rosneft to import petroleum products and LNG cargoes. Rosneft Chairman of the […]
IMF expects Namibia economy to grow by 5% in 2015
As global economic conditions remain weak with no clear signs of a significant recovery expected soon, the Namibian economy remains relatively resilient, while inflation remains […]
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 […]
Botswana GDP shrinks 1.30% in Q1 2015
The Gross Domestic Product (GDP) in Botswana contracted 1.30 percent in the first quarter of 2015 over the previous quarter, after expanding 3.3 percent 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. […]
Djibouti: Shanghai Electric to construct first wind farm
Shanghai Electric won a contract for the construction of Djibouti’s first wind power farm. Djibouti’s Energy Minister in charge of Natural Resources Ali Yacoub Mahmoud […]
Tunisia seeks a new economic model
Tunisia in partnership with the US government and the African Development Bank have released a report aimed at reforming the government’s policy in a bid […]
Morocco’s Regionalization Project, a Future Model for Whole Region
Morocco is embarking on an ambitious advanced regionalization project that will undoubtedly become a model for the whole region once it is completed. The first […]