Ajanta Pharma’s market share in Africa dips
Indian drug maker Ajanta Pharma is losing its market in Africa and to make good the lost market in the continent, pharma major is...
India plans to set up Diplomatic presence in Liberia
The Indian government has sought expeditious clearance for establishing the Embassy of India to Liberia.
As a preparatory step for setting up Embassy,...
Jalesh Cruises Mauritius Limited appoints administrator: Unable to meet its financial commitments
(3 minutes read) · Jalesh Cruises Mauritius Limited ("JCML") has passed a board resolution approving the appointment of an administrator since it...
Egypt and China sign deal to make electric cars
· Egypt’s state-owned El Nasr Automotive Manufacturing Company and Dongfeng Motor of China have entered into an agreement...
Ethiopian cargo aircraft catches fire in Shanghai
(3 minutes read) · An Ethiopian Airline cargo plane caught fire in China, according to a report · The aircraft...
China’s SynoHydro to build Nyabarongo-II Hydropower Plant in Rwanda
Rwanda has signed a deal with China’s SynoHydro to build the Nyabarongo-II Hydropower Plant to be in operation in five years time. The 43.5MW...
China-Africa Economic and Trade Expo generates Bn$ deals
African countries and China signed business deals worth $20.8 billion during the first China-Africa Economic and Trade Expo (CAETE).The Expo was held the central Chinese city of...
Chinese foreign minister to visit African countries
State Councillor and foreign minister of the Republic of China Wang Yi will be on a state visit to Egypt, Eritrea, Burundi and Zimbabwe from...
Chinese mobile exports to Africa Dip
China appears to be facing a double whammy on the export front. Close on the heels of bearing the brunt of trade war with...
Huawei Technologies Corp relocates its regional office to Ethiopia from DRC
(3 minutes read) · Huawei Technologies Corp. in a bid to enhance its footprint in the Eastern Africa, will shift its regional office to Ethiopia...