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West Africa Business News|News
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West Africa News
International partners set to boost northern Nigeria’s leather industry
The partners will develop a leather tannery aimed at improving the production capacity of indigenous entity, Sokoto Shoe...
by 26
June 20, 2019
South Africa News|Business News
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Southern Africa Business
Anadarko, Mozambique to proceed on $20 billion LNG export project
The gas liquefaction and export terminal in Mozambique will be the the largest single LNG project approved in Africa....
by 26
June 19, 2019
South Africa News|Business News
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Southern Africa Business
Zimbabwe’s inflation soars, stocks hit record high
Stocks are rising because local investors are desperate to hedge against inflation...
by 26
June 19, 2019
South Africa News|Business News
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Southern Africa Business
World’s biggest marine diamond mining vessel to be financed by African banks
Nedbank Namibia, RMB Namibia, Standard Bank, ABSA and Bank Windhoek agreed to provide 80% of the funding for the ship...
by 26
June 19, 2019
North Africa Business|Technology News
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North Africa|Business News
Morocco’s sale of 8% stake in Maroc Telecom to inject $920 million into state budget
52.74 million shares, priced at 127 dirhams will be sold as a block order to local institutional investors...
by 26
June 18, 2019
West Africa Business News|News
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West Africa News
Cocoa buyers agree to Ghana, Ivory Coast proposed price
Ghana and Ivory Coast account for nearly two-thirds of global output, yet they have little influence over international cocoa prices....
by 26
June 13, 2019
West Africa Business News|News
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West Africa News
Glencore Puts Chadian Oil Fields Up for Sale
The sale is being jointly run by U.S. bank, Morgan Stanley and French bank Natixis....
by 26
June 13, 2019
East Africa Business News|News
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East Africa News
Inside Kenya’s Sh 3.02 trillion 2019/ 20 budget
There is an estimated deficit of Sh 607.8 billion, an increase from Sh 562 billion this financial year...
by 26
June 13, 2019
East Africa Business News|News
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East Africa News
Bharti Airtel to pay Tanzania 60 billion shillings
India’s Bharti Airtel has agreed to pay 60 billion shillings over five years and cancel the debt to resolve a...
by 26
June 11, 2019
East Africa Business News|News
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East Africa News
Electricity supply from Lamu Power Plant could cost more than originally estimated
Construction of the plant on the Kenyan mainland opposite the tourist island of Lamu was scheduled to begin in 2015...
by 26
June 11, 2019
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