MTN announces the closure of service centers in Nigeria

South African MTN, Africa's largest mobile operator, said it has closed four outlets and service centers in Nigeria. This decision follows the xenophobic violence in...

Tanzania: Gold exports increased by 23% in one year

Tanzania's gold exports rose 23.3 percent between July 2018 and July 2019 to reach US $ 1.783 billion, according to a monthly economic report...

Orange Money operational in Morocco

Orange Money Morocco is officially operational on the Moroccan kingdom since the publication of its approval in the official bulletin of August 12, 2019....

Maroc Telecom: $ 1 billion investment announced over 3 years

Signed between Maroc Telecom and the Moroccan government, Monday, August 26, the sixth investment agreement between the two parties concerns the development of telecommunications...

A Radisson Blu hotel in Douala (Cameroon) from 2021

Douala will acquire its first five-star hotel of the American group Radisson blu in the first quarter of 2021. Thus, emphasizes, the project manager...

Nigeria: Africa Finance Corporation Lends US $ 230 Million Loan to 9mobile

Nigerian telecommunications company 9mobile announced on Sunday (August 25th) a $ 230 million loan from Africa Finance Corporation, a multilateral financial institution specialized in...

Cameroon: headwinds on the electricity concession contract

Contradictory information indicates the willingness of the UK Investment Fund Actis to terminate - unilaterally - the concession contract of the electricity sector that...

Cameroon: Maersk announces its arrival at the port of Kribi

The world leader in port logistics will serve the Port of Kribi, which foreshadows the opening of new maritime services for both export and...

CNOOC acquires 55% of two exploration blocks in Guinea Bissau

China National Offshore Oil Corp. (CNOOC), has acquired 55, 55% stake in Australian group FAR Limited in the oil licenses of the two blocks...

Dangote cement Cameroon sales fall in the first half of 2019

The subsidiary of the Dangote Cement Group recorded a drop in sales in the first half of 2019 in Cameroon. According to the company's statistics,...

Burkina Faso: hotel rates reduced by 25% for nationals

The Burkinabé Ministry of Culture and Tourism in collaboration with industry players (hoteliers, investors ...) wants to give a boost to domestic tourism, according...

Gabon: PIDG company Emerging Africa Infrastructure Fund lends €40 million for new port facilities...

PIDG company, the Emerging Africa Infrastructure Fund (EAIF) today, 5 August, announced that it has arranged the long-term debt finance for a €305 million...

Tangier Med: creation of « African Maritime Task Force (MTF) »

After being commissioned at the end of June (28 June), Tangier Med port authorities are more than determined to share their experiences with their...

Tunisia: discoveries of oil

Good news for Tunisia. Dutch oil and gas exploration and production group Mazarine Energy and ETAP announce the discovery of an oil well in...