Monday, October 12, 2015
Egypt signed a contract Saturday to buy two Mistral warships, whose sale to Russia Paris canceled because of the Ukraine crisis, a delegation member with the visiting French prime minister said.
Saturday, October 10, 2015
The rapid spread of cellphones across Sub-Saharan Africa is transforming the region, but record levels of growth are due to slow sharply, an industry report said this week.
Friday, October 9, 2015
Mired in civil war for 21 months, its oil-based economy in tatters, South Sudan is an unlikely source of upmarket coffee capsules for European consumers.
Tuesday, September 22, 2015
Nigeria's oil firm NNPC said Sunday it had signed a deal with a consortium of local and foreign lenders to develop 36 oil wells that would also boost domestic power generation in Africa's largest crude producer.
Monday, September 14, 2015
As mining companies in resource-rich Africa bleed jobs due to plunging commodity prices, the ripple effect of redundancies has raised concern about social unrest amid declining economic growth.
Tuesday, September 8, 2015
Young people don't have many places to socialize in conservative Algeria. But now the North African's country's youth are discovering something their counterparts in the West embraced a generation ago: the shopping mall.
Wednesday, September 2, 2015
Natural gas power generation should be prioritized to help tackle South Africa's dire energy crisis that has hobbled growth and led to rolling black-outs, said a report released Tuesday.
Friday, August 28, 2015
Nigeria's Dangote Cement has announced a US$4.34 billion deal with Chinese construction company Sinoma International Engineering to build plants across Africa.
Monday, August 10, 2015
The Financial Supervisory Commission (FSC, 金管會) said Friday that the FSC has received 11 applications to secure a license to kick off their third party payment processing services.
Saturday, August 8, 2015
President Abdel-Fattah el-Sissi unveiled an expanded Suez Canal Thursday in a lavish ceremony, with the first ships passing through the waterway in what Egypt hopes will boost its economy and global standing.