Africa information and Business Directory
Coal of Africa (CoAL) is reviewing prospects for a second acquisition, soon after completing its purchase of Uitkomst Colliery from Pan African Resources, to generate cash while it develops its …
Coal of Africa casts about for second acquisition Read More
A huge international interest in Ethiopia’s horticulture development sector is said to be the major factor for the Ethiopian government to allocate the reported 3,000 hectares of land dedicated to …
Ethiopia allocates 3,000 hectares of land for flower investment Read More
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 …
Ethiopia, Sweden sign 120 mln USD agreement to support Ethiopia’s development Read More
According to the ministry, the 3.32 billion U.S. dollars revenue was generated from over 886,800 tourists that have visited the east African country during the just concluded 2016 / 2017 …
Ethiopia generates 3.32 bln USD from tourism sector last fiscal year Read More
Ambitions for Africa, a central growth initiative within Veolia Water Technologies’ Transformation Plan describes a range of organisational and technological innovations aimed at increasing Africa’s access to highly efficient, low-footprint …
Ambitions for Africa – New goals new strategy Read More
No other Ghanaian city was ranked in a list of the 23 wealthiest African cities which was contained in a report published by AfrAsia Bank and New World Wealth. The …
Accra ranked 10th wealthiest city in Africa Read More
Along with Libya and Venezuela, Nigeria is an OPEC wildcard. Exempt from the promised production cuts started in January, Nigeria (along with Libya) have been offsetting OPEC’s reduction, adding nearly …
Nigeria’s Oil Production Helps Keep Oil Prices Low Read More
Before the end of next year, Morocco officials hope to announce the name of a third global automaker to build an assembly plant there. The unnamed manufacturer would launch production …
Morocco puts automotive on North Africa’s map Read More
As Ethiopia, the most populous nation in East Africa, is spreading its economic relations across the globe, investment from the world’s most populous nation China is playing a prominent role. …
Chinese investment leads way as Ethiopia opens to outside Read More
Despite South Africa’s bleak macro-economic outlook and political turmoil, there is at least one thing consumers can smile about – food is set to become cheaper thanks to a record-breaking …
Food prices could fall – economists Read More