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India’s Mahindra to open a new warehouse in South Africa

( 2 minutes read) · Mahindra South Africa, a subsidiary of one of the largest automobile companies headquartered in India has opened a new national...

India assures Africa investment in diverse sectors like mining and manufacturing

 (4 minutes read)    More than 400 African business delegates and policymakers are deliberating how to improve India-African business ties in the capital city of India...

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...

Daikin India sets up Center of Excellence in Kenya

 (3 minutes read)    Daikin India has unveiled a Center of Excellence program in partnership with Don Bosco Boys Technical Institute as a part of its...

Airtel Africa quarterly results impressive: Pretax profit up

Airtel Africa Plc (AAFL.L)  has more than doubled quarterly pretax profit.   The company’s better bottom lines for the quarter were mainly due...

Tanzanian president in China to strengthen ties

 (2 minutes read)  Tanzanian President Samia Suluhu Hassan was received by Chinese President Xi Jinping in Beijing recently during her state visit to China. Incidentally,...

Oil PSUs of India commences payment for Mozambique LNG Project

Three Public Sector Companies(PSUs), Oil and Natural Gas Corp, Bharat Petroleum and Oil India made a final investment decision last year to spend about...

Turkey –Africa Business Forum to meet

(5 minutes read) · Turkish and African businesspeople will meet at a virtual Turkey-Africa Economy and Business Forum today and tomorrow to explore newer opportunities...

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...

The Gambian Parliamentary committee recommends blacklisting Maiden Pharmaceuticals

 (3 minutes read)    The Gambian parliamentary committee recommended that the Indian pharmaceutical company -Maiden Pharmaceuticals - which supplied the contaminated drug, that resulted in the...

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