Limbe dry port in Malawi to reduce time for offloading cargo
· Nacala Logistics is building a container yard at Limbe Train Station in Blantyre, Malawi at a cost of $5.5 million spread over 30,000 square...
Ethiopia signs two grant agreements with the African Development Bank
Ethiopia has signed two grant agreements worth 118.1 million USD with the African Development Bank (African Development Fund) to support two projects.
Revealing...
Oil prices in Nigeria drops
(3 minutes read)
Nigeria’s Bonny Light crude yesterday (Thursday) dropped to US$68 per barrel o due to rising inventory by the American Petroleum Institute...
Aircraft spare parts exempted from paying 7% Customs Duty in Nigeria
( 2 minutes reading)
After many deliberations stretched over years, the Nigerian Customs Service (NCS) has waived the mandatory seven per cent surcharge that...
South Africa to produce Pfizer vaccine by 2022
(4 minutes read)
A South African firm will begin producing the Pfizer-BioNTech coronavirus vaccine
It is the first time that the vaccine is...
Ethiopia celebrates second filling of GERD
(3 minutes read)
· Ethiopia celebrated the second filling of the Grand Ethiopian Renaissance Dam (GERD). A large number of government supporters gathered at Meskel Square...
Nigeria to boost its non-oil exports by leveraging ECOWAS TPOs
The Federal Government of Nigeria plans to boost its non-oil exports by leveraging the recently launched Economic Community of West African States (ECOWAS) Trade...
Côte d’Ivoire to benefit from IFC grant
· The health care sector of Côte d'Ivoire is poised to benefit from a $300 million grant by the International Finance Corporation (IFC).
· The agreement in...
IMF Credit of $1 billion for Uganda’s post-Covid-19 economic recovery
International Monetary Fund (IMF) recently sanctioned $258 million as part of the $1 billion IMF for Uganda to boost economic recovery following the...
Is Morocco tourism back on rails?
(3 minutes read)
· It seems tourism is bouncing back in Morocco. Canadians are the first to be spotted
· They have come to Marrakech, a tourist attraction...
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