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Ethiopia Airlines Offers Shares to African Countries

Ethiopia Airlines has offered its shares to African investors after several years of profitable operation. The airline, which was established in 1945 and owned 100 per cent by the Ethiopian.

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Zimbabwe is producing Chinese documentaries to help revive its tourism business

Zimbabwe’s beleaguered tourism sector is starting to re-engage its international markets, targeting tour operators who had ceased to package the country in recent years. The most high-profile example this month.

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Egypt Ministry of International Cooperation licenses single-shareholder companies

The Minister of Investment and International Cooperation Sahar Nasr signed the regulatory framework for licensing single-shareholder companies, according to a ministry statement on Wednesday. Nasr stated that the sole proprietorship.

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U.S. votes $12.5m for food security in Nigeria

The Feed the Future, a U.S. government global hunger and food security initiative, has earmarked 12.5 million dollars for food security in Nigeria. Dr George Mavrotas, Head of IFPRI Nigeria.

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Libyan Foreign Bank rejects CBL’s decision

The Libyan Foreign Bank (LFB) has issued a statement denouncing the decision taken by the Governor of the Central Bank of Libya (CBL) Al-Sediq Al-Kabeer to dismiss the General Director.

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South African President Cyril Ramaphosa to appoint inquiry into $130 bln state pension fund

South African President Cyril Ramaphosa has agreed to set up a commission of inquiry into alleged governance failures at the state-owned pension fund, the Finance Ministry said on Thursday. “The.

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Sagging economic sentiment in SA and UK hurts Truworths’ earnings

Fashion retailer Truworths reported a 7.3% drop in diluted headline earnings per share (HEPS) in the 52-week period ended July 1, as a tough economic environment in SA and the.

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Kenya to Revive its National Shipping Line

Nairobi, Aug 16 (Prensa Latina) The Kenyan Ministry of Transport and Infrastructure and the Mediterranean Shipping Company (MSC) signed a memorandum of understanding today for the reactivation of the National.

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Mali’s president wins runoff election with more than 67 percent of the vote

Mali’s President Ibrahim Boubacar Keita won a second five-year term in the turbulent West African nation with more than 67 percent of the vote in a runoff election, the Ministry.

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Nigeria: Nasir El-Rufai Presents 2019 Budget

The Governor of Kaduna State, Nasir el-Rufai presented a budget estimate of N155, 865,339,539.77 for the 2019 fiscal year to the state House of Assembly, with a capital/expenditure ratio of.

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