Ethiopia Unveils Third Agro-Industrial Park with eye on 134,000 New Jobs
Ethiopia has inaugurated the third integrated agro-industrial park (IAIP) being developed within the framework of the Programme for Country Partnership (PCP) for Ethiopia, a flagship programme of the United Nations [...]
Dangote Given Coal Mining License A Week After Magufuli's Order
On Monday, Tanzanian government awarded a coal mining license covering about 10 square kilometers to the $500 million cement factory set up in 2015 by Aliko Dangote, as part of plans to lower [...]South African Central Bank Considering Considering a national digital currency
The South African Reserve Bank (Sarb) is open to issuing a national digital currency, which would likely be based on Blockchain or Distributed Ledger Technology (DLT) according to a 2 [...]ExxonMobil to acquire 25% interest in Mozambique Area 4 for $2.8Billion Cash
The largest publicly traded international oil and gas company ExxonMobil and Eni have signed today (9 March 2017) a sale and purchase agreement to enable ExxonMobil to acquire from Eni a 25 [...]USD 708M Mall of Egypt in Cairo opens doors to the public
Mall of Egypt which is one of the biggest malls in North Africa and the Middle East has finally opened its doors to the public. The Mall of Egypt which [...]Largest Construction Company To erect Africa's Tallest Building in Nairobi
Hass Group has announced that it has signed a Sh 20 billion agreement with the world's largest Construction Company; China State Construction Engineering Corporation (CSEC), to construct the tallest building in Africa in [...]IM Bank Rwanda IPO is a good bet
Article first seen on Investment Frontier IM Bank Rwanda IPO is a good bet. IM Bank of Rwanda is launching its IPO on the RSE (Rwanda Stock Exchange), with an [...]China's Sinoma to build $1 bln cement plant in Tanzania
By Reuters; China's state-run Sinoma International Engineering Co. will start work in May to build a $1 billion cement factory in Tanzania, the East African country's prime minister's office said. [...]Tanzania Govt bans export of unprocessed Gold Copper Ores
President of Tanzania John Magufuli through the Ministry of Energy and Minerals has banned the export of unprocessed metalic mineral concentrates and ores such as gold, copper, nickel and silver. [...]Samer Abu Ltaif appointed new Microsoft head for Africa and Middle East
Microsoft, has appointed Samer Abu Ltaif as the new regional head to drive its digital transformation initiative targeting deals with governments, enterprises, developers and small and medium businesses in Middle [...]Boeing opens offices in Joburg Nairobi to meet increasing air traffic demand
The world’s largest aerospace company said Africa would be in need of 1,150 new airplanes over the next 20 years as the most recent Current Market Outlook report predicted that [...]Mo Ibrahim's $5M African leadership prize fails to find a winner: Again
Sudanese telecoms magnate Mo Ibrahim failed to award a $5 million African political leadership prize on Tuesday, the second year running the gong designed to foster regional democracy has gone [...]
