Japanese PM Vows to Expand Investment in Africa

Japanese Prime Minister Shinzo Abe promised to expand private-sector investment from the nation to Africa, at the Seventh Tokyo International Conference on African Development...

Africa’s Richest Man Aliko Dangote to Invest $60 mln in Cement Industry in Togo

Aliko Dangote, Africa’s richest man, has concluded plans to invest roughly $60 million in Togo in the construction of a cement manufacturing facility.

Premier Invites South Korean Investors to Invest in Ethiopia

Ethiopian Prime Minister Dr Abiy Ahmed invited South Korean investors to invest in his country. During Ethio-South Korea business forum held in...

Top Investment Banks Provide Billions to Expand Fossil Fuel Industry

The world’s largest investment banks have provided more than $700bn of financing for the fossil fuel companies most aggressively expanding in new coal, oil...

Ethiopia Secures over $2.6b from Export

Ministry of Trade and industry disclosed that Ethiopia has earned 2.67 billion USD from export trade in the 2011 Ethiopian budget year, which ended...

South Africa’s Eskom Begins 400MW Power Supply to Zimbabwe

South African utility Eskom Holdings SOC Ltd. began exports of up to 400 megawatts into Zimbabwe on Friday, easing a protracted power crisis characterized by...

Egypt’s Sisi Arrives in Japan for TICAD 7

President Abdel Fatah al-Sisi has arrived in Japan to attend seventh Tokyo International Conference on Africa Development (TICAD 7) today. Tokyo...

Ethio-Djibouti Railway Secures over 20m USD Revenue

Ethio-Djibouti Railway secured more than $ 20 million revenue from its passenger train and freighter services in the last eight months.

CBN Introduces Electronic Form to Facilitate Exports

The Central Bank of Nigeria (CBN) has introduced electronic forms for commercial exports (e-Form NXP) to replace the hard copy form that was in...

Ethiopian to Increase Flights to China to 50 per week

Ethiopian Airlines is adding flights between its African hub and Chinese cities and plans to add direct flights between Addis Ababa and Tokyo, according to...

Latest article

UK investors urged to deepen economic ties with Africa

The 2020 UK-Africa Investment Summit was attended by Mauritanian President Mohamed Ould Cheikh el Ghazouani and Egyptian President Abdel Fattah el-Sisi.

World’s second largest diamond the size of a tennis ball discovered in Botswana

In a unique collaboration, luxury fashion house Louis Vuitton is all set to transform a rare and...

UK-Africa trade and investment: who benefits?

There has been much hype about a major Africa investment summit being hosted by the UK. Attended by Prime Minister Boris Johnson and an array of royals,...