Google discloses interest in investing in Lake Turkana Wind Power
Kenya is emerging as the center of renewable energy in Africa. It has been ranked fifth globally in an annual Bloomberg index measuring investments...
Standard Bank launches Africa-China Agent (ACAP) in Maputo
Launching of its accredited commercial Africa-China Agent (ACAP) in Maputo this week by Standard Bank is expected to facilitate business between Mozambique and China....
Over banked Kenyan, Banking sector looks for survival strategies
Kenya’s banking industry has been under turmoil since last three years after the government capped interest rates, forcing banks to look for survival strategies....
Cab hailing companies ward off tax audits by Kenya Revenue Authority
The refusal by global cab-hailing platforms to pay taxes locally citing international laws jurisdictions have led to huge revenue loss for Kenya Revenue Authority...
SA’s telecom majors caught in a bind
South African telecoms group MTN is caught up in another dilemma stemming out of the recommendations of the South African Competition Commission to lower data...
Dubai company to invest in realty sector in Egypt
Majid Al Futtaim, the Dubai based metal developer will invest close to US$ 1 billion in Egypt over the next two to three years...
Ivory Coast Cocoa yield may slide
Ivorian cocoa farmers were upbeat after entering into an agreement with Ghana not to undersell the cocoa. But the farming community is now in...
Angola walks out of the Mou with United Shine for oil refining project
It seems that the Angolan oil company Sonangol has given a thumbs down to the contract with Hong Kong-based consortium United Shine to build...
Three day African Economic Conference focuses on skill development & employment
The three-day African Economic Conference (AEC) held on 2-4 December, Sharm El Sheikh, Egypt, was participated by over 350 delegates. There were three principal...
Moody’s downgrades Nigeria
The oil rich Nigeria is going in the South African way earning wrath of the rating agencies. Moody's Investors Service, has downgraded Nigeria’s credit...
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