Tunisia has received a $2.2 million donation from the Swiss State Secretariat for Economic Affairs to assist the North African country achieve the first phase of "the sustainable urban development programme of Sousse and other cities" in 2017.
Horse racing and betting group Phumelela Gaming and Leisure has announced plans to raise $20.6 million through an offer of 16.3 million shares at $1.2 a share in a bid to finance its 50 percent stake in fixed odds sports betting operator, Supabets, the company said
The Addis Ababa-Djibouti Railway, which connects Ethiopia’s capital to the Port of Djibouti has officially been opened.
With OT, Burkina Faso has the Most Secure Driving License and Vehicle Registration Document in Africa
Oberthur Technologies today announces that its cutting edge solution, Lasink, has been chosen by Burkina Faso through a multi-year contract to supply highly secure vehicle registration documents and driving licenses.
The Nigerian Petroleum Development Company, NPDC, the upstream subsidiary Company of the Nigerian National Petroleum Corporation, NNPC, has provided clarification on the reported non-remittance of some crude oil revenue to the Federation Account.
Kenyans have been introduced to their very first casino mobile application on Android phones. Rambo Resource Ltd together with the Licensing Board in Kenya announced the launch of GameMania.
In an effort to make the internet a safe and secure environment for communities, Facebook has partnered with the International Centre for Leadership Development Nigeria (ICLDNG) to launch a safety center for teenagers, parents and educators.
QG Africa Hotel LP, a Mauritius based investment fund managed by Quantum Global Investments Africa Management Ltd., has announced the acquisition of the Movenpick Ambassador Hotel Accra from Kingdom Holding Company (KHC).
The African Export-Import Bank (Afreximbank) and the Government of the Republic of Congo yesterday in Cairo signed a facility agreement under which the Bank will provide $250 million in future flow pre-financing to meet the Government’s strategic plan for its oil fields.
ENGIE announces the signature of a partnership with ANER, the National Renewable Energies Agency in Senegal, to accelerate the development of renewable energies in the country.
Algeria is set to commission an assembly plant for Renault and Volvo industrial vehicles under an Algeria- EU partnership.
Namibia’s largest commercial bank FNB Namibia is awaiting regulatory approval to acquire investment firm PointBreak and Ebank as it seeks to solidify its portfolio in the country.
Zambia has received $286 million for from the Indian government meant to improve infrastructure and decongest the capital Lusaka.
[Egypt] Pickalbatros Holding for Financial Investments Company sets eyes on ultra-modern hospitality facility
As part of its expansion plan Pickalbatros Holding for Financial Investments Company has bought a plot of land for the establishment of a new hotel facility in Fifth Settlement, New Cairo Egypt. The hotel is also expected to include an aqua park.
Africa Union appoints ten eminent experts to drive technological and economic development agenda in Africa
Ten eminent experts drawn from various disciplines have been appointed to serve in the High Level African Panel on Emerging Technologies (APET) with a view to recognizing the need to harness both existing and emerging technologies for the economic development of Africa.
An ECOWAS supported telecommunication project has been handed over to Sierra Leone for further implementation as the country seeks to build its telecommunication network after the civil strife.
Telecommunication service provider Bharti Airtel has appointed Rajeev Sethi as the chief commercial officer for its Africa operations.
Eastern Africa Grain Council, EAGC, has unveiled an online platform that will allow Rwanda grain and cereal farmers easy access to regional market information.
Zabidar Beer SC has unveiled a new trend in the industry with the unveiling of pull off caps, also known as RipCap, the first of their kind in the Ethiopian market, avoiding the customary bottle openers.
The Democratic Republic of Congo (DRC) has expressed interest in Uganda’s crude oil pipeline project and has expressed commitment in participating in its implementation.