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ETHIOPIA, AUSTRALIA PLANT TREES TO MARK 50 YEARS OF DIPLOMATIC RELATIONS

Ethiopia and Australia have recently marked their 50th anniversary of diplomatic relations, with planting of tree seedlings at the Gulele Botanic Garden; the event also saw the inauguration of Australia.

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NIGERIA: EGBIN POWER PLANS TO DOUBLE GENERATING CAPACITY

As part of efforts to boost power supply in Nigeria, the country’s biggest power company Egbin Power Plc plans to double its generation capacity to 2,640 megawatts (MW) over the.

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SANLAM LEADS SOUTH AFRICA’S DEAL OF THE YEAR

A leading financial services group, SANLAM, has received approval for the acquisition of a significant stake in Afrocentric Healthcare Assets Proprietary Limited (AHA), which represents the biggest transaction in South.

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South Africa’s Rand Recovers as Gordhan Takes Over

Following the appointment of the widely respected Finance Minister, Pravin Gordhan, South Africa’s rand has recently extended its rally from the previous session, firming to well below the 15 rand.

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Algeria Opens New 350,000 Tonne Capacity Sugar Refinery

The Ministry of Industry in Algeria, has recently announced the opening of a new sugar refinery with a capacity of 350,000 tonnes a year, in the country Officials have revealed.

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AfDB approves $1.5 billion loan to Egypt

The African Development Bank (AfDB) has approved a $1.5 billion loan to Egypt to be paid out over three years, International Cooperation Minister Sahar Nasr has said. According to Nasr,.

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Italy to Contribute to Africa’s Fund for Combating Climate Change

As part of efforts to mitigate the negative impact of climate change and transition the continent to sustainable low-carbon growth, the Italian government has recently announced that it will contribute.

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New Cable to Take Internet Connection to Inaccessible African Countries

Liquid Sea, a subsidiary of Liquid Telkom, leading Fiber Optics Company in Sub-Saharan Africa, is set to take internet connection to landlocked countries in Eastern, Central and Southern Africa with.

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