French to help Africa during Covid-19 days
(3 minutes read)
· The French government has announced a financial package of Euro 1.2 billion to support Africa in the fight against the COVID-19 pandemic...
COVID19 crisis leaves African Airlines in deep trouble
As on March 11, airlines in Africa had accumulated losses worth $4.4 billion.
Emergency support sought to bailout Airlines from the mounting losses...
Nigeria lost case in London for deferment of case on US$1.1 billion oil deal
(2 minutes read)
· In a major setback to the Nigerian government, it has lost a
bid to postpone a massive claim against...
Turkey to invest in Africa; already the second largest investor in projects
(3 minutes read)
· Although Turkey’s contracting industry is a small fry as
compared to China, it has the expertise and experience in...
EU readies Africa-focused economic plan
(3 minutes read)
· Not to fall behind the US, China and Russia, the European
Commission proposed a closer partnership with Africa to...
German aid for economic expansion of DRC
(3 minutes read)
· The German Federal Ministry for Economic Cooperation and
Development (BMZ) has given US$ 54 million for development works in
DRC
· ...
Glencore to supply cobalt to Samsung
(2 minutes read)
· The Swiss mining giant Glencore, the brokerage and raw
materials extraction company, has entered into an agreement with
Samsung to...
Switzerland comes to the rescue of locust infested East Africa
· The Swiss Agency for Development and Cooperation (SDC) at the
Federal Department of Foreign Affairs (FDFA) is donating CHF 1 million
to...
EU’s commitment to help drought ravaged Lesotho hailed
(2 minutes read)
· The European Union’s (EU) contribution of €1.5 million in
humanitarian support to Lesotho for enabling WFP to expand ongoing
emergency...
Portugal freezes assets of Isabel dos Santos
( 2 minutes read)
· Angolan government’s request to freeze overseas assets of
Isabel dos Santos has been granted by the Portuguese authorities
· ...
