Africa’s richest man Aliko Dangote has partnered with China’s heavy duty truck group Sinotruck to set up a $100 million plant to assemble trucks and cars in Nigeria for local.
Zimbabwe’s biggest banking group CBZ Holdings has suspended the use of Visa cards for local transactions due to high costs and cash shortages, its chief executive officer said on Monday..
State-run Nigerian National Petroleum Corporation (NNPC) has awarded its 2017 crude oil term contracts to 39 companies, the company said on Tuesday. The contracts covering about 1.31 million barrels per.
By Matthew Mpoke Bigg Ghana’s incoming government could give the country’s $2 billion cocoa industry a boost if it installs a more transparent executive at industry regulator Cocobod and implements.
Tunisia will need $3.7 billion in foreign loans in 2017, its finance minister said on Thursday, $1 billion more than anticipated two months ago, to offset declining tax revenues and.
By MacDonald Dzirutwe President Robert Mugabe praised Zimbabweans on Tuesday for resilience in the face of economic hardship, in a speech that avoided the recent introduction of “bond notes”, a.
By Henning Gloystein Oil prices eased on Tuesday as crude output rose in virtually every major export region despite plans by OPEC and Russia to cut production, triggering fears that.
By Amina Ismail Egyptian billionaire Naguib Sawiris has resigned as chief executive officer of Orascom and his deputy Tamer El Mahdi has been nominated as his successor, the company.
By Barnabas Thondhlana Construction of the Harare-Beitbridge highway is set to start next April after government on Wednesday signed an agreement with the Austrian contractor Geiger international. The highway is.
The African Development Bank (AFDB) will lend Tunisia between $1.5 billion and $2 billion over the next five years, the bank’s North Africa director Jacob Kolster said on Wednesday. Kolster.
