Monday, February 10, 2014
Ivory Coast is winning the stripes of an African tiger with economic growth of nearly 10 percent less than three years after a bloody crisis, but this performance depends on continued peace and stability.
Africa's biggest oil producer Nigeria is facing questions about where billions of dollars in oil money is going, amid suspicions of fraud and it being siphoned off to fund election campaigns.1 Comment
Monday, February 3, 2014
Niger's government and French nuclear giant Areva are engaged in tough talks on the future of uranium mining in the west African country, whose leaders want more money from the resource to help pay for development.
Saturday, February 1, 2014
Libya's sovereign wealth fund is suing banking giant Goldman Sachs for “deliberately exploiting” its position to make US$350 million profit on US$1 billion worth of failed derivative trades, London's High Court announced Thursday.
Monday, January 13, 2014
With an ultramodern port, high-speed train and the biggest car plant in North Africa, Tangiers is looking to profit from its strategic location overlooking the Strait of Gibraltar and its proximity to Europe.
Monday, January 6, 2014
Nigeria's financial markets posted healthy gains in 2013 but five years on from the global financial meltdown, local investors are still wary of sinking their money into stocks.
Monday, December 30, 2013
Porsches, Range Rovers and even Maseratis ... luxury cars are no strange sight weaving through the old bangers that rumble along Abidjan's chaotic streets, another indication of the emergence of a wealthy class in Africa.
Sunday, December 29, 2013
John Krafcik, the president and CEO of Hyundai Motor America, is stepping down next week after five years at the helm, the company announced Friday. He will be replaced by David Zuchowski, the current executive vice president of sales who joined the company in February 2007.
Thursday, December 19, 2013
China Mobile (中國移動) is targeting sales of 100 million fourth-generation (4G) mobile handsets for 2014, a goal expected to help HTC (宏達電) regain market share in China.
Monday, December 2, 2013
Five east African countries on Saturday signed a protocol to establish a monetary union, in a first step towards creating a single currency.