British prospective investors arrive in Malawi

British prospective investors arrive in Malawi

Almost 17 prospective British Investors have arrived in Malawi to explore investment opportunities that are available in the country.Speaking on arrival at Kamuzu International ...

S/Africa’s trade deficit slips to $40m in July-Official

S/Africa’s trade deficit slips to $40m in July-Official

South Africa recorded a trade deficit of $40.0 million for July‚ South African Revenue Service figures have shown here on Tuesday.According to the figures, the July deficit is ...

Brazil to endorse air accord with Mozambique

Brazil to endorse air accord with Mozambique

Brazil's Foreign Relations and National Defence Committee, has said the Brazilian Parliament will on Thursday endorse an air accord with Mozambique.Reports monitored by APA on ...

Egypt: Trading session closes at $1.25bn on Monday

Egypt: Trading session closes at $1.25bn on Monday

Egypt's market capital gained on Monday LE9.79 million (US$1.25 billion), hitting LE447.74 billion, compared to LE437.95 billion on Sunday.This was after Italy's Eni announced a ...

Malawi reviews mining exploration licenses – official

Malawi reviews mining exploration licenses – official

The Malawi government said it is reviewing licenses issued to prospective investors to explore the availability of oil on Lake Malawi following concerns of irregularities during the ...

Cameroonian economic capital hosts Commonwealth business forum

Cameroonian economic capital hosts Commonwealth business forum

A workshop organized by the Commonwealth Business Forum opened its doors on Monday in the Cameroonian economic metropolis Douala in preparation for the Commonwealth Heads of State ...

Africa urged to redouble efforts to woo investors

Africa urged to redouble efforts to woo investors

Africa must redouble efforts to attract investors, said the Director General of the World McKinsey and Co (Canada), Dominic Barton, during a panel discussion organized as part of ...

Commonwealth businesswomen’s network in Lesotho

Commonwealth Businesswomen's Network (CBW) in partnership with Xanopia Women's Business Group from South Africa are currently in Lesotho on a mission of women economic empowerment, APA learns here on Tuesday.Arif Zaman, Executive Director of CBW mentioned that they want to promote education, training and professional development for women. He said their aim was to connect Basotho businesswomen to value ...

Read more

Dangote plans to build $400m cement plant in Zimbabwe

Africa's richest man Aliko Dangote says he plans to open a $400 million cement plant in Zimbabwe, a major boost for the southern African country that is desperate for foreign investment. The billionaire, whose business empire includes Dangote Cement, also said he aimed to invest in coal mining and power generation in the country. Nigeria's This Day newspaper report on Tuesday said that Dangote told ...

Read more

Official attributes improvement in power supply to zero pipeline vandalism

The Permanent Secretary in Nigeria's Ministry of Power, Mr Godknows Igali, has attributed the increase in electricity supply in the country to zero case of pipeline vandalism being witnessed. Igali told journalists on Monday in Abuja that no single case of gas pipeline vandalism had been recorded since President Muhammadu Buhari assumed office. He recalled that vandalism of gas pipelines was recurrent in the ...

Read more

British prospective investors arrive in Malawi

Almost 17 prospective British Investors have arrived in Malawi to explore investment opportunities that are available in the country.Speaking on arrival at Kamuzu International Airport (KIA) in the capital Lilongwe on Monday, one of the investors Paulo Fernandes of Mott MacDonald said the United Kingdom (UK) investors are keen to bring various investments in the country. “There are a lot of investment ...

Read more

Egypt reconsiders peaceful nuclear programme-Official

Egypt's Nuclear Power Plants Authority (NPPA) of the Ministry of Electricity and Renewable Energy has resumed contacts and negotiations with a number of international companies specialized in the technology of establishing and operating nuclear stations, reports said on Tuesday.NPPA also received a number of proposals in this regard as part of Egypt's efforts to diversify energy resources and revive its ...

Read more

S/Africa’s trade deficit slips to $40m in July-Official

South Africa recorded a trade deficit of $40.0 million for July‚ South African Revenue Service figures have shown here on Tuesday.According to the figures, the July deficit is compared to a trade deficit of $58.0 million in June. In spite of the deficit, SARS said the country's exports increased by 4.7 percent to $942.1 million in July, while imports increased by 12 percent to $946.1 million during the ...

Read more

Nigerian foreign reserves rise to $31.43 bn

Nigeria's foreign exchange reserves rose to $31.43 billion on August 27, 2015, up from $31.08 billion in July, 2015. According to the Central Bank of Nigeria (CBN) data on Monday, the forex reserves declined by 20.65 percent year-on-year from $39.61 billion in 2014. Some market analysts explained that the decline from $31.63 billion on August 14, 2015 was due to consistent dollar sales by the CBN to the ...

Read more

Nigeria’s VP to attend inauguration of new President of AfDB

Nigeria's Vice President Yemi Osinbajo is to represent President Muhammadu Buhari at the inauguration of Nigeria's former Minister of Agriculture and Rural Development, Dr. Akinwunmi Adesina, as the new President of the African Development Bank (AfDB). According to a statement by the Senior Special Assistant to the Vice President on Media and Publicity, Mr. Laolu Akande on Monday in Abuja, Osinbajo is billed ...

Read more

Brazil to endorse air accord with Mozambique

Brazil's Foreign Relations and National Defence Committee, has said the Brazilian Parliament will on Thursday endorse an air accord with Mozambique.Reports monitored by APA on Monday suggest that the agreement signed in Brasilia in 2010 has spent five years undergoing bureaucratic procedures leading to its approval in the Chamber of Deputies and submission to the Senate. The Foreign Ministry indicated that ...

Read more

Egypt: Trading session closes at $1.25bn on Monday

Egypt's market capital gained on Monday LE9.79 million (US$1.25 billion), hitting LE447.74 billion, compared to LE437.95 billion on Sunday.This was after Italy's Eni announced a potentially huge natural gas discovery off the country's coast. The benchmark EGX30 index surged 2.79 percent, to 7,252.43 with a turnover of LE610 million, the Egyptian Exchange data showed. The small and mid-cap EGX70 index and the ...

Read more

© 2009-2015 StarAfrica

Scroll to top
1