Egypt to Spend $9 Billion on Refinery Upgrade
21/01/2019North African giants, Egypt plans to upgrade six oil refineries at a cost of about $9 billion over four years to increase domestic production to 41 million tonnes a year,.
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Business & Economy
Mercedes-Benz Mulls Resuming Production in Egypt
18/01/2019Global vehicle manufacturer Mercedes-Benz looks forward to resuming production in Egypt soon, a senior official of the company has said. The company also considers additional models in Egypt, Markus Schafer,.
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Business & Economy
VFS Global Awarded Contract to Open New Passport Application Centers in Ghana
18/01/2019Global outsourcing and technology services specialist for governments VFS Global has commenced operations with its first Passport Application Centre in the capital city of Accra on behalf of the Ministry.
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Africa Development
Business & Economy
Development Stories
Africa Needs 12 Million New Jobs Yearly to Stop Rising Unemployment
18/01/2019Africa’s general economic performance continues to recover and GDP growth is projected to accelerate to 4.0 percent in 2019 and 4.1 percent in 2020. But improved macroeconomic and employment outcomes.
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Business & Economy
Africa to Grow by 4% in 2019 – AfDB
18/01/2019Africa’s foremost development finance institute,AfDB, has predicted a 4% economic growth in 2019. The African Development Bank launched its African Economic Outlook for 2019 in Abidjan, and it estimates that.
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Governance and Policy
Renamo Elects Ossufo Momade
18/01/2019Mozambique’s main opposition party, Renamo, have elected Ossufo Momade, the interim coordinator of the Renamo Political Commission, as the Party’s new President. He is the successor to Afonso Dhlakama who.
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Business & Economy
Egypt Reopens Closed Ports
18/01/2019Five ports were reopened in Egypt on Thursday after it had shut due to bad weather as conditions improved and winds stabilized, the Red Sea Ports Authority said. Several Egyptian.
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Africa
Aliko Dangote Foundation, UNECA and GBCHealth Advocate Public-Private Sector Partnership for Better Health in Africa
17/01/2019Top African leaders including Heads of States, Ministers, CEOs as well as representatives from the African Union and United Nations will converge at the inaugural Africa Business: Health Forum (AB:HF).
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Governance and Policy
Atiku Vows To Privatize Nigeria’s Main Petroleum Corporation
17/01/2019The presidential candidate of the Peoples Democratic Party (PDP), Nigeria’s main opposition party and a front line candidate for the February election, Alhaji Atiku Abubakar, has described the Nigerian National.
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Business & Economy
Kenya Leads Africa’s 2019 Economic Growth
17/01/2019According to a poll conducted by the London-based news agency, Reuters, Sub-Saharan economies will cope with tighter global liquidity this year and grow faster than in 2018, albeit at a.
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