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South Africa

U.S. allocates additional $300 Mln to fight HIV in Africa

September 28, 2015 Khalid Al Mouahidi 0

The Obama administration is allocating an additional $300m to the effort to reduce HIV infection among girls and young women in 10 sub-Saharan African countries. […]

Tanzania: U.S to grant $472.8 mln aid if gov’t makes anti-graft effort

September 19, 2015 Steven Addamah 0

The United States promised to grant $472.8 million financial aid package to Tanzania next year, if the government does more to fight corruption. “Despite some […]

South Africa: US warns of possible extremist attacks against its facilities

September 9, 2015 Khalid Al Mouahidi 0

The United States warned its citizens on Tuesday of a possible attack by “extremists” against U.S. facilities or interests in South Africa. “The U.S. Diplomatic […]

Smile Telecom to expand African wireless with $365 mln

September 8, 2015 Steven Addamah 0

Smile Telecoms Holdings Ltd, which owns and operates mobile wireless 4G LTE broadband networks in Nigeria, Tanzania and Uganda, has raised $365 million in debt […]

Tanzania: new talks for $800 Mln loan to strengthen currency

September 3, 2015 Khalid Al Mouahidi 0

The Tanzanian Minister of Finance said on Wednesday that his country will resume discussions for the $800 million loan from international lenders after abandoning an […]

Nestlé to use only sustainably sourced cocoa from the Q1 2016

September 2, 2015 Khalid Al Mouahidi 0

Nestlé plans to source only sustainable cocoa for its global KitKat brand in order to strengthen consumer trust. All KitKat bars will be made with […]

Swaziland: Crash en route to royal ceremony kills dozen – Official

August 31, 2015 Khalid Al Mouahidi 0

Swaziland’s police spokesperson Inspector Phindile Vilakati has confirmed on Sunday that 11 young women and two men died in a road accident at the weekend […]

South Africa’ Zuma asked mining and steel companies to limit job cuts

August 11, 2015 Steven Addamah 0

South Africa President Jacob Zuma has asked mining and steel companies to limit job cuts as falling commodity prices put profits at risk. “We urge […]

South Africa: MTN H1 profit declines by 11%

August 5, 2015 Khalid Al Mouahidi 0

MTN Group Ltd., Africa’s largest wireless operator, on Wednesday reported a decline in revenue both locally, and at the group level, for the first six […]

Zambia: Dangote Cement plans $900 Mln investment

August 5, 2015 Khalid Al Mouahidi 0

Dangote Cement plans to double investment in Zambia to around $900 million by building a second cement plant, the company’s vice-president said on Tuesday. Dangote […]

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