africa_business

2 weeks ago, 14:54
@AfricaNews - By: Africanews
Kenya launches oil exportation plan | Africanews

Over 100 trucks will haul some 2,000 barrels of oil per day, under the Early Oil Export Scheme (EOPS). ...

Category: africa topnews news africa_business business
2 weeks ago, 13:28
@AfricaNews - By: Daniel Mumbere
Malawi media giant defies closure by gov't over unpaid taxes | Africanews

Freedom House, a non-governmental organisation which ranks press freedom worldwide, classified impoverished Malawi as “partly free” in its 2017 ranking. ...

Category: africa africa_business business news
2 weeks ago, 12:40
@AfricaNews - By: Africanews
Kenyan solar energy firm signs 40 MW power deal with state-run utility | Africanews

Kenya has an installed generating capacity of 2,370 MW and peak demand of about 1,770 MW. It relies heavily on renewables such as geothermal and hydro power. ...

Category: africa topnews news africa_business business
2 weeks ago, 22:19
@AfricaNews - By: Africanews
Ivory coast embarks on a 5-year plan for its Cashew sector [Business Africa] | Africanews

Cashew nut production has doubled in the last five years to now reach 22% of the global out put. ...

Category: africa topnews news africa_business business
2 weeks ago, 22:19
@AfricaNews - By: Africanews
Mismanagement of Africa's natural resources [Business Africa] | Africanews

Poor governance is one of the main causes of under-exploitation of natural resources in Africa. ...

Category: africa topnews news africa_business business
2 weeks ago, 21:18
@AfricaNews - By: Africanews
Kenya to investigate 10 banks on suspicion of handling stolen funds | Africanews

President Uhuru Kenyatta pledged to stamp out graft when he was first elected in 2013, but critics say he has been slow to pursue top officials. ...

Category: africa topnews news africa_business business
2 weeks ago, 03:17
@AfricaNews - By: Daniel Mumbere
Uganda's parliament approves social media and mobile money taxes | Africanews

Other East African countries have passed laws that activists complain curtail free expression. ...

Category: africa africa_business business news topnews
2 weeks ago, 22:59
@AfricaNews - By: Africanews
Liberia president reduces import taxes on over 2,000 commodities | Africanews

According to the statement, customs taxes will therefore fall from 81 to 40 % on more than 2,000 products widely consumed by Liberians. ...

Category: africa topnews news africa_business business
2 weeks ago, 13:51
@AfricaNews - By: Victor Muisyo With ...
Lighting up Africa: Of DRC's potential to power up half the continent | Africanews

DRC is said to have an extraordinary potential of churning out 100,000 megawatts, made possible by the River Congo which is the biggest river in Africa by discharge volume with a flow of 41,600 m3/sec ...

Category: africa africa_business business news
3 weeks ago, 19:23
@AfricaNews - By: Africanews
Kenya seeks to regulate financial technology lending | Africanews

In the last three years, 2.7 million people out of a population of around 45 million have been negatively listed on Kenya’s Credit Reference Bureaux. ...

Category: africa africa_business business news topnews

africa_business

5 days ago, 03:17
@AfricaNews - By: Africanews
UAE to give Ethiopia $3 billion to ease foreign currency shortage | Africanews

The UAE will deposit $1 billion in Ethiopia’s central bank to ease a severe foreign currency shortage.A Ethiopian foreign ministry official said the other $2 billion from Abu Dhabi would be invested ...

Category: africa topnews news africa_business business
5 days ago, 18:50
@AfricaNews - By: Africanews
Nigeria's Buhari to sign off 2018 budget on Tuesday | Africanews

In May, Nigeria’s parliament passed a record 9.12 trillion naira ($28.95 billion) budget for 2018 aimed at boosting growth eight months before the country’s next presidential election . ...

Category: africa topnews news africa_business business
6 days ago, 12:25
@AfricaNews - By: Eric Oteng
Zambia delays borrowing plans indefinitely - Finance Minister | Africanews

The southern African country’s debt pile stood at $9.3 billion, or roughly a third of gross domestic product, at the end of March, up from $8.7 billion at the end of 2017 ...

Category: africa topnews news africa_business business
6 days ago, 12:05
@AfricaNews - By: Eric Oteng
Wage protests threaten South Africa power supply | Africanews

There have been no reports of outages in Africa’s most industrialised economy, but Eskom said that some plants had cut output, with shortages more likely now during peak winter demand. ...

Category: africa topnews news africa_business business
6 days ago, 22:18
@AfricaNews - By: Africanews
How African countries could benefit from the joint trans-sahara pipeline project [Business Africa] | Africanews

As a next step, Morocco and Nigeria will launch a front-end engineering design to involve countries that will be crossed by the pipeline in the Economic Community of West African States. ...

Category: africa topnews news africa_business business
6 days ago, 22:18
@AfricaNews - By: Africanews
Ethiopia opens telecoms to investors while Nigerian entrepreneur invent smart book [Business Africa] | Africanews

Nigerian entrepreneur invent smart book The dire state of Nigeria’s education sector has presented an opportunity for entrepreneurs like Chizaram Ucheaga, the co-founder of Mavis Computel, to step in ...

Category: africa topnews news africa_business business
7 days ago, 10:12
@AfricaNews - By: Eric Oteng
Glencore's Katanga Mining Limited settles DRC dispute | Africanews

Gécamines in April started legal proceedings to dissolve Kamoto, blaming Glencore for high debts that have weighed on the Congo mining company for more than 10 years. ...

Category: africa topnews news africa_business business
1 weeks ago, 02:38
@AfricaNews - By: Daniel Mumbere
Ethiopia's targets foreign investment to ease currency shortage | Africanews

Ethiopia's planning commission will therefore give priority to foreign companies in privatising the enterprises as government’s decision is targeted obtaining foreign currency. ...

Category: africa africa_business business news
1 weeks ago, 12:52
@AfricaNews - By: Eric Oteng
MTN to launch mobile service in Namibia | Africanews

Currently state-owned operator MTC dominates in Namibia, a country of 2 million people. ...

Category: africa africa_business business news
1 weeks ago, 04:45
@AfricaNews - By: Africanews
[Photos] Morocco, Nigeria agree on next steps for gas pipeline deal | Africanews

The project is conducive to economic integration in the region and will help West African countries meet their energy needs as well as boost Nigeria’s export potential to Europe, ONHYM and NNPC said ...

Category: africa africa_business business news
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