Tanzania Pursues Chinese, Indian Investors
After a failed privatization attempt with the water supply in Tanzania, the country is now in talks with companies from China, India and Israel to pursue its water-supply and sewer projects.
Africa
Kenyan President William Ruto Considers Crypto Mining to Power Energy Sector Growth
President William Ruto revealed ongoing discussions with companies such as Marathon Digital, signaling a possible transformation in Kenya's economic terrain.
Businessman Who Shot His Wife to Death Thinking She Was an Intruder Gets Only 12 Years in Prison
A South African businessman was sentenced to 12 years in prison for shooting his wife to death after he mistook her for an intruder in their home...
Tesla Slashes EV Prices in China, Germany and Other Countries in Europe as Sales Drop
Tesla has implemented price reductions in key markets such as China, Germany, and other European countries, following similar cuts in the United States...
Moderna Pauses Kenya Plant Plan After Losing $1 Billion as COVID-19 Vaccine Demand Slumps
Moderna announced on Thursday that it has decided to halt its plans to construct a vaccine manufacturing facility in Kenya due to a decrease in demand for COVID-19 vaccines after the pandemic...
Latest News
Redefine Properties to Sell off Hyprop Investments Stake
Redefine Properties will be selling off its Hyprop Investments shareholdings after it gained controlling shareholdings in a rival property firm.
Morocco's Attijariwafa Bank to Issue Bond Float
The Moroccan institution Attijariwafa Bank is set to raise US$500 million through a foreign bond float.
BNDES to Fund Ethiopian Railway Connection to South Sudan
The Brazilian National Bank would be funding the railroad connection between Ethiopia and South Sudan.
Etisalat Awaits Response on Maroc Bid
Etisalat has yet to receive a response from Vivendi on its Maroc Telecom bid, according to its CEO.
West African Iron Ore to Boom
With the agreement between Afferro and IMIC, West African iron ore projects is set to boom.
Congo's Inga 3 Project to be built soon
Congo's Inga 3 project has received commitments to be built to address current shortfalls and future rising demand for electricity in Africa.
Japan Makes Available US$2 Billion for Africa Resource Projects
Japan opens fund for Africa Resource Projects
Altron offers buyout of Altech shareholders
Altron offers to purchase all the shares it does not already own in Allied Technologies.
Cipla Medpro Shareholders Approve Deal
A near unanimous vote of Cipla Medpro shareholders approved the tender offer by Cipla Ltd.
