Shandong Ruyi Technology Group; a Chinese textile company, has recently signed a Memorandum of Understanding with the government of Kano state Nigeria to invest $600 million in the garment industry..
The government of Mozambique has proposed to increase electricity in the country through small renewable energy projects that will be given to foreign investors. Reports say the deal will attract.
Murtala Muhammed International Airport, Lagos on Monday became the first airport in Nigeria to be certified by the Nigerian Civil Aviation Authority, NCAA for meeting regulatory safety requirements. The certificate was.
South African Airways, which runs one of Africa’s biggest unprofitable fleets is currently seeking the aid of about 20 billion rand ($1.5 billion)from the government to pay off debts to.
The President of Nigeria Muhammadu Buhari inaugurated the N30 billion Olam Integrated Feed Mill, Hatchery and Breeder Farm in Kaduna on Tuesday. The project is aimed at supporting food security.
The African Development Bank (AfDB) in its quest to encourage the production of crops with high potential for industrialization of agriculture in Africa, has intensified its financing of cassava production..
South Africa has decided to review laws of the Mineral and Petroleum Resources Development Act, MPRDA, with the aim of bringing in more investors. Amended laws are expected to be passed.
The Nigerian Naira gains momentum as the sum of $250 million was injected into various segments of the interbank foreign exchange market on Tuesday by the Central Bank of Nigeria.
Russian exploration company, Rosgeo on Monday at a meeting in Xiamen, China, signed a $400 million gas drilling deal with PetroSA, a South African oil company, to help in sustaining.
South Africa – The largest economy in Africa has officially climbed out of the effect two quarters of contraction which led to a recession in June this year. According to a report.
