The European Business Group (EUBG) and Tanzania Private Sector Foundation (TPSF) signs MOU
EUBG and the Tanzania Private Sector Foundation have signed a deal to promote business development and investment in Tanzania.
The Memorandum of Understanding...
Alstom bags Morocco’s €130 Million Contract for Tramway Cars
(4minutes read)
· French company Alstom will be delivering dozens of tramway cars to Casablanca which is the largest city in...
LuLu Group to invest $500M in Egypt
LuLu Group International the Indian multinational conglomerate that operates a chain of hypermarkets and retail companies, has signed a deal with Ministry of Housing, Utilities and...
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...
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...
Algeria and Bangladesh to boost trade and investment opportunities
In a bid to boost two-way trade and investment, the Algerian Chamber of Commerce and Industry proposes to sign a Memorandum of Understanding (MoU)...
ReconAfrica strikes massive oil field in northern Namibia
Canadian company ReconAfrica has reported that it has struck a massive oil field in northern Namibia, one of the biggest onshore finds in...
Arab Organization for Industrialization and the German company to set up CNC factory in...
A partnership agreement was signed on 22nd May between the Arab Organization for Industrialization and the German DMG Mori company to establish a...
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...
