Africa business news

Ethiopia has hosted over 40 business to business meetings with companies arriving from about 35 countries during the last two years, according to Addis Ababa Chamer of Commerece and Sectoral …

Kano Dry Port in Nigeria is set to commence operation in January 2018. Alhaji Ahmed Rabi’u, Dala Inland Dry Port Nigeria Limited Kano Chairman announced, during a sensitisation workshop. The …

Noonan, the Dublin-based facilities management and contract cleaning company, has been bought by South Africa’s Bidvest for €175m, the second time the company has been sold in less than 10 …

Hai, CEO of the Made in Africa initiative and adviser to the governments of Ethiopia, Rwanda, and Senegal on investment promotion and industrialization, has been advancing the idea of trilateral …

Egyptian construction company the Arab Contractors is to receive a US$200mn multi-currency guarantee facility from the African Export-Import Bank (Afreximbank) for construction projects in Africa and the Middle East, after …

There is a general recognition that to end backwardness and poverty and become developed, prosperous, secure and powerful, a country’s economy must be industrialized (Gerald M. Meir and Dudley Seers …

Uganda last week showcased her business, tourism and national achievements at the ongoing Astana EXPO2017 in Kazakhstan. The highlights of the Uganda day on July 24th 2017 included a press …

AFREXIMBANK wins award for investing in Sierra Leone Afreximbank has been awarded Best Export Credit Agency Africa at the Trade Finance Awards Dinner, for the bank’s financing of the Hilton …

Distell entered into a two-phased transaction of purchasing Best Global Brands (BGB), which the company described as a strategic priority to lead in selected African countries. Phase one of the …

The framework agreement, which was signed between Admasu Nebebe, State Minister of the Ethiopian Finance and Economic Cooperation and Annika Nordin Jayawardena, Bilateral Development Cooperation Head at the Swedish Embassy …