Ethiopian Sugar Corporation has plans to produce 950 megawatts of electric power from its sugar development projects by the end of GTP II peroid.Corporate Communication Directorate Director of the Corporation,.
As part of a major drive to tap into the growth of Africa’s middle classes, French distribution group Comptoir Francais de l’Afrique de l’Ouest (CFAO), has recently opened its first.
In a bid to restore Nigeria’s foreign exchange market, the Central Bank of Nigeria has recently issued another circular to banks in the country, further restricting the use of naira.
The General Manager of Pan African Minerals (PAM) has recently announced that the Burkina Faso transitional government has lifted the suspension of the company’s manganese export license, which was imposed.
South Africa-owned leading telecommunication company MTN, has recently decide to take the legal route as part of efforts to see that the fine imposed on its Nigeria subsidiary is reviewed..
The Kenyan shilling has recently eased due to increased dollar demand from companies across all sectors to meet their obligations before they close for the holidays, while stocks have risen..
China’s state-run company, Sinochem Group, has recently signed a deal with Angolan state-owned oil producer Sonangol to buy crude oil for a period of 10 years. The agreement which.
Italian Ambassador to Ethiopia, Giuseppe Mistrettahas recently said, in an exclusive interview with Ethiopian News Agency, that his country is keen to increase Italian investment in Ethiopia particularly in the.
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.
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.
