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Africa News
Vodafone signs $1.5 bln deal with Microsoft
Vodafone group signed a new 10-year strategic partnership worth $1.5 billion with Microsoft to offer scaled digital…
Africa’s largest oil refinery begins production in Nigeria
Africa’s biggest oil refinery had begun production in Nigeria, ending the long wait for planet according to…
Egypt becomes Africa’s top cement producer
Egypt is Africa’s largest cement producer with an annual production capacity of about 92 million tons, said…
Egypt builds 8 groundwater stations in S. Sudan
Egypt has initiated the construction of eight groundwater drinking water stations in South Sudan, the Egyptian…
Mozambique to receive $60.7mln IMF loan tranche
The International Monetary Fund (IMF) completed Mozambique’s third loan od around $60.7 million, Reuters reported…
Nigeria’s central bank pays $2 bln to clear FX backlog
The Central Bank of Nigeria settled matured foreign exchange contracts by paying lenders about $2 billion of what…
Egypt aims to boost trade with Africa by 20%
Egypt is seeking to increase its trade with Africa by 20 per cent in the coming five years, head of Egyptian Trade…
Uganda’s Museveni, head of RSF meet to discuss Sudan
Mohamed Hamdan Dagalo, head of Sudan's paramilitary Rapid Support Forces (RSF), announced on Wednesday that he met…
Kellogg Noodles’ investments exceed $40 mln in Egypt
Kellogg Noodles has increased its investment volume in Egypt to exceed $40 million so far, said Ahmed Shalash,…
World Bank approves $125mln loan for Zambia
The World Bank Executive Board approved on Saturday a $125 million loan for Zambia, in a step to restore…
