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Economic information from Africa

banque-du-caire-partners-with-national-bank-of-uzbekistan-to-facilitate-exports-from-egypt

Banque du Caire partners with National Bank of Uzbekistan to facilitate exports from Egypt

Banque du Caire signed an agreement with National Bank of Uzbekistan (NBU) to boost Egypt's exports to the Community of Independent States (CIS), an...

Finance

19 September 2018

africa-had-148-000-high-net-worth-individuals-in-2017-report

Africa had 148,000 High net worth individuals in 2017 (report)

Africa had 148,000 High net worth individuals in 2017 (report)

At the end of 2017, there were 148,000...

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19 September 2018

Telecom

19 September 2018

uganda-telecommunications-operators-required-to-float-their-equity-on-the-local-stock-exchange

Uganda : Telecommunications operators required to float their equity on the local stock exchange

Uganda : Telecommunications operators required to float their equity on the local stock exchange

On September 18, 2018, Uganda announced that it...

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19 September 2018

Finance

19 September 2018

africa-had-148-000-high-net-worth-individuals-in-2017-report

Africa had 148,000 High net worth individuals in 2017 (report)

Africa had 148,000 High net worth individuals in 2017 (report)

At the end of 2017, there were 148,000 wealthy individuals with a...

Read more |
19 September 2018

Telecom

19 September 2018

uganda-telecommunications-operators-required-to-float-their-equity-on-the-local-stock-exchange

Uganda : Telecommunications operators required to float their equity on the local stock exchange

Uganda : Telecommunications operators required to float their equity on the local stock exchange

On September 18, 2018, Uganda announced that it would compel all the...

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19 September 2018

Public Management

19 September 2018

morocco-trade-deficit-grew-by-10-1-in-jan-aug-2018

Morocco: Trade deficit grew by 10.1% in Jan-Aug 2018

Morocco: Trade deficit grew by 10.1% in Jan-Aug 2018

In Morocco, the trade deficit worsened by 10.1% in the first eight...

Read more |
19 September 2018

Public Management

19 September 2018

egypt-trade-deficit-grew-by-44-by-june-2018

Egypt : Trade deficit grew by 44% by June 2018

Egypt : Trade deficit grew by 44% by June 2018

In Egypt, the trade deficit reached $3.62 billion by June 2018, representing a...

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19 September 2018

Public Management

19 September 2018

zimbabwe-initiates-an-urgency-plan-to-eradicate-cholera

Zimbabwe initiates an urgency plan to eradicate cholera

Zimbabwe initiates an urgency plan to eradicate cholera

Zimbabwe will disburse a $64 million urgency plan to manage the new cholera...

Read more |
19 September 2018

Mining

18 September 2018

barrick-gold-seeks-chinese-partners-for-its-operations-in-tanzania

Barrick Gold seeks Chinese partners for its operations in Tanzania

Barrick Gold seeks Chinese partners for its operations in Tanzania

Barrick Gold is looking for Chinese partners to help develop its “struggling”...

Read more |
18 September 2018

Finance

18 September 2018

morocco-to-issue-106-million-sukuks-in-october-2018

Morocco to issue $106 million sukuks in October 2018

Morocco to issue $106 million sukuks in October 2018

Morocco will issue Islamic bonds (sukuks) during the first week of October...

Read more |
18 September 2018

Public Management

18 September 2018

botswana-fiscal-deficit-to-drop-to-2-3-of-gdp

Botswana: Fiscal deficit to drop to 2.3% of GDP

Botswana: Fiscal deficit to drop to 2.3% of GDP

This year, Botswana’s fiscal deficit would drop to 2.3%, a release from...

Read more |
18 September 2018

Public Management

18 September 2018

the-united-states-of-america-disburses-900-million-to-fund-development-projects-in-africa-asia-and-latin-america

The United States of America disburses $900 million to fund development projects in Africa, Asia, and Latin America

The United States of America disburses $900 million to fund development projects in Africa, Asia, and Latin America

During its last administrative board meeting for this year, the Overseas Private...

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18 September 2018

Public Management

18 September 2018

africa-loses-68-billion-yearly-to-ecosystem-degradation

Africa loses $68 billion yearly to ecosystem degradation

Africa loses $68 billion yearly to ecosystem degradation

Due to ecosystem degradation, Africa loses $68 billion annually, a report from the...

Read more |
18 September 2018

Finance

18 September 2018

axa-assurance-maroc-sa-acquires-stakes-in-dabadoc

Axa Assurance Maroc SA acquires stakes in Dabadoc

Axa Assurance Maroc SA acquires stakes in Dabadoc

AXA Assurance Maroc SA acquired stakes in Dabadoc, a Moroccan startup that...

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18 September 2018

Mining

17 September 2018

botswana-cradle-arc-renews-its-copper-mines-licenses

Botswana: Cradle Arc renews its copper mines’ licenses

Botswana: Cradle Arc renews its copper mines’ licenses

Last weekend, Cradle Arc announced that its PL33/2005 and PL180/2008 prospecting permits...

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17 September 2018

Oil and Gas

17 September 2018

egypt-shell-and-petronas-partner-for-oil-and-gas-exploration-in-west-nile-delta

Egypt: Shell and Petronas partner for oil and gas exploration in West Nile delta

Egypt: Shell and Petronas partner for oil and gas exploration in West Nile delta

Last Saturday, Egypt’s oil minister Tarek al-Moulla informed in a release that...

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17 September 2018

Finance

17 September 2018

blue-garnet-ventures-acquires-10-stake-in-atura

Blue Garnet Ventures acquires 10% stake in Atura

Blue Garnet Ventures acquires 10% stake in Atura

Blue Garnet Ventures, an investment company that invests in African companies specialized...

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17 September 2018

Public Management

17 September 2018

angola-to-sign-an-11-billion-credit-line-agreement-with-china-for-development-projects

Angola to sign an $11 billion credit line agreement with China for development projects

Angola to sign an $11 billion credit line agreement with China for development projects

China would grant $11 billion to Angola, Macauhub indicated last week quoting Africa...

Read more |
17 September 2018

Public Management

17 September 2018

tunisia-to-issue-1-billion-eurobonds-by-october-2018

Tunisia to issue $1 billion Eurobonds by October 2018

Tunisia to issue $1 billion Eurobonds by October 2018

Tunisia plans to issue $1 billion Eurobonds at the beginning of October 2018...

Read more |
17 September 2018

Finance

19 September 2018

africa-had-148-000-high-net-worth-individuals-in-2017-report

Africa had 148,000 High net worth individuals in 2017 (report)

Africa had 148,000 High net worth individuals in 2017 (report)

At the end of 2017, there were 148,000 wealthy individuals with a...

Read more |
19 September 2018

19 September 2018

banque-du-caire-partners-with-national-bank-of-uzbekistan-to-facilitate-exports-from-egypt

Banque du Caire partners with National Bank of Uzbekistan to facilitate exports from Egypt

Banque du Caire partners with National Bank of Uzbekistan to facilitate exports from Egypt

Banque du Caire signed an agreement with National Bank of Uzbekistan (NBU)...

Read more |
19 September 2018

18 September 2018

morocco-to-issue-106-million-sukuks-in-october-2018

Morocco to issue $106 million sukuks in October 2018

Morocco to issue $106 million sukuks in October 2018

Morocco will issue Islamic bonds (sukuks) during the first week of October...

Read more |
18 September 2018

18 September 2018

axa-assurance-maroc-sa-acquires-stakes-in-dabadoc

Axa Assurance Maroc SA acquires stakes in Dabadoc

Axa Assurance Maroc SA acquires stakes in Dabadoc

AXA Assurance Maroc SA acquired stakes in Dabadoc, a Moroccan startup that...

Read more |
18 September 2018

17 September 2018

blue-garnet-ventures-acquires-10-stake-in-atura

Blue Garnet Ventures acquires 10% stake in Atura

Blue Garnet Ventures acquires 10% stake in Atura

Blue Garnet Ventures, an investment company that invests in African companies specialized...

Read more |
17 September 2018

14 September 2018

egypt-ci-capital-plans-to-increase-its-portfolio-to-558-million

Egypt: CI Capital plans to increase its portfolio to $558 million

Egypt: CI Capital plans to increase its portfolio to $558 million

CI Capital, Egypt’s leading provider of investment banking, is planning to increase...

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14 September 2018

13 September 2018

saterex-to-conquer-the-american-market-with-iris-smartphones

Saterex to conquer the American market with Iris smartphones

Saterex to conquer the American market with Iris smartphones

On September 11, 2018, Saterex, the Algerian company specialized in the manufacturing...

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13 September 2018

13 September 2018

bmci-to-invest-9-5-million-in-its-it-department-by-2020

BMCI to invest $9.5 million in its IT department by 2020

BMCI to invest $9.5 million in its IT department by 2020

BMCI, a subsidiary of BNP Paribas, is planning to invest MAD90.2 million...

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13 September 2018

11 September 2018

afreximbank-receives-a-500-million-loan-from-china-development-bank-for-multi-sectoral-projects

Afreximbank receives a $500 million loan from China Development Bank for multi-sectoral projects

Afreximbank receives a $500 million loan from China Development Bank for multi-sectoral projects

In a release published September 7, 2018, the African Export-Import Bank (Afreximbank)...

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11 September 2018

Public Management

19 September 2018

morocco-trade-deficit-grew-by-10-1-in-jan-aug-2018

Morocco: Trade deficit grew by 10.1% in Jan-Aug 2018

Morocco: Trade deficit grew by 10.1% in Jan-Aug 2018

In Morocco, the trade deficit worsened by 10.1% in the first eight...

Read more |
19 September 2018

19 September 2018

egypt-trade-deficit-grew-by-44-by-june-2018

Egypt : Trade deficit grew by 44% by June 2018

Egypt : Trade deficit grew by 44% by June 2018

In Egypt, the trade deficit reached $3.62 billion by June 2018, representing a...

Read more |
19 September 2018

19 September 2018

zimbabwe-initiates-an-urgency-plan-to-eradicate-cholera

Zimbabwe initiates an urgency plan to eradicate cholera

Zimbabwe initiates an urgency plan to eradicate cholera

Zimbabwe will disburse a $64 million urgency plan to manage the new cholera...

Read more |
19 September 2018

18 September 2018

botswana-fiscal-deficit-to-drop-to-2-3-of-gdp

Botswana: Fiscal deficit to drop to 2.3% of GDP

Botswana: Fiscal deficit to drop to 2.3% of GDP

This year, Botswana’s fiscal deficit would drop to 2.3%, a release from...

Read more |
18 September 2018

18 September 2018

the-united-states-of-america-disburses-900-million-to-fund-development-projects-in-africa-asia-and-latin-america

The United States of America disburses $900 million to fund development projects in Africa, Asia, and Latin America

The United States of America disburses $900 million to fund development projects in Africa, Asia, and Latin America

During its last administrative board meeting for this year, the Overseas Private...

Read more |
18 September 2018

18 September 2018

africa-loses-68-billion-yearly-to-ecosystem-degradation

Africa loses $68 billion yearly to ecosystem degradation

Africa loses $68 billion yearly to ecosystem degradation

Due to ecosystem degradation, Africa loses $68 billion annually, a report from the...

Read more |
18 September 2018

17 September 2018

angola-to-sign-an-11-billion-credit-line-agreement-with-china-for-development-projects

Angola to sign an $11 billion credit line agreement with China for development projects

Angola to sign an $11 billion credit line agreement with China for development projects

China would grant $11 billion to Angola, Macauhub indicated last week quoting Africa...

Read more |
17 September 2018

17 September 2018

tunisia-to-issue-1-billion-eurobonds-by-october-2018

Tunisia to issue $1 billion Eurobonds by October 2018

Tunisia to issue $1 billion Eurobonds by October 2018

Tunisia plans to issue $1 billion Eurobonds at the beginning of October 2018...

Read more |
17 September 2018

17 September 2018

egypt-makes-a-move-towards-a-cashless-society

Egypt makes a move towards a cashless society

Egypt makes a move towards a cashless society

Every payment above EGP100,000 (about $5,500) to government institutions should be done electronically...

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17 September 2018

Agriculture

31 August 2018

fao-campaigns-for-zero-hunger-by-2030

FAO campaigns for “zero hunger” by 2030

FAO campaigns for “zero hunger” by 2030

To fight hunger and malnutrition, the Food and Agriculture Organisation (FAO) is...

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31 August 2018

29 August 2018

uganda-tea-exports-via-mombasa-auction-centers-grew-by-11-6-in-2017

Uganda: Tea exports via Mombasa auction centers grew by 11.6% in 2017

Uganda: Tea exports via Mombasa auction centers grew by 11.6% in 2017

Uganda’s tea exports that transited via Mombasa auction centers grew by 11.6%...

Read more |
29 August 2018

20 August 2018

zambia-to-invest-4-million-in-construction-of-a-pineapple-processing-plant

Zambia to invest $4 million in construction of a pineapple processing plant

Zambia to invest $4 million in construction of a pineapple processing plant

This year, the Industrial Development Corporation (IDC) owned by Zambia is planning...

Read more |
20 August 2018

20 August 2018

eac-plans-an-anti-aflatoxin-policy-to-boost-food-security

EAC plans an anti aflatoxin policy to boost food Security

EAC plans an anti aflatoxin policy to boost food Security

Member countries of the East African Community (EAC) are devising a strategy...

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20 August 2018

16 August 2018

could-monsanto-be-a-threat-to-bayer

Could Monsanto be a threat to Bayer?

Could Monsanto be a threat to Bayer?

Could Monsanto become a threat to the German agrochemical giant Bayer’s financial...

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16 August 2018

13 August 2018

malawi-tobacco-export-revenues-already-reached-285-2m-for-the-2018-market-year

Malawi: Tobacco export revenues already reached $285.2M, for the 2018 market year

Malawi: Tobacco export revenues already reached $285.2M, for the 2018 market year

Malawi’s tobacco export revenues have already reached $285.2 million during the 2018 campaign,...

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13 August 2018

10 August 2018

kenya-pumped-1bn-into-food-import-in-h1-2018

Kenya pumped $1bn into food import in H1 2018

Kenya pumped $1bn into food import in H1 2018

Between January and June this year, Kenya’s food import hit a half-year...

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10 August 2018

9 August 2018

egypt-government-repeals-sugar-export-tax

Egypt: Government repeals sugar export tax

Egypt: Government repeals sugar export tax

The Egyptian government cancelled the EGP3,000 ($168) export tax per ton of...

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9 August 2018

7 August 2018

kenya-tea-output-grew-by-15-in-h1-2018

Kenya: Tea output grew by 15% in H1 2018

Kenya: Tea output grew by 15% in H1 2018

Kenya’s tea production increased by 15% during the first six months of...

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7 August 2018

Electricity

Mining

18 September 2018

barrick-gold-seeks-chinese-partners-for-its-operations-in-tanzania

Barrick Gold seeks Chinese partners for its operations in Tanzania

Barrick Gold seeks Chinese partners for its operations in Tanzania

Barrick Gold is looking for Chinese partners to help develop its “struggling”...

Read more |
18 September 2018

17 September 2018

botswana-cradle-arc-renews-its-copper-mines-licenses

Botswana: Cradle Arc renews its copper mines’ licenses

Botswana: Cradle Arc renews its copper mines’ licenses

Last weekend, Cradle Arc announced that its PL33/2005 and PL180/2008 prospecting permits...

Read more |
17 September 2018

14 September 2018

angola-tango-mining-commissioned-to-operate-moquita-diamond-mine

Angola: Tango Mining commissioned to operate Moquita diamond mine

Angola: Tango Mining commissioned to operate Moquita diamond mine

This week, the TSXV-listed company Tango Mining, announced that it concluded an...

Read more |
14 September 2018

12 September 2018

cote-d-ivoire-awale-resources-raises-cdn832-500-for-its-exploration-projects

Côte d’Ivoire : Awalé Resources raises CDN832,500 for its exploration projects

Côte d’Ivoire : Awalé Resources raises CDN832,500 for its exploration projects

On September 11, 2018, The TSX-V listed mining company Awalé Resources, operating...

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12 September 2018

12 September 2018

congo-kore-potash-authorized-to-transship-potash-to-an-offshore-area

Congo : Kore Potash authorized to transship potash to an offshore area

Congo : Kore Potash authorized to transship potash to an offshore area

Today September 12, 2018, Kore Potash operating Kola mine in Congo announces...

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12 September 2018

10 September 2018

mali-cradle-arc-signs-a-joint-venture-agreement-with-indiana-resources-for-kossanto-west-s-development

Mali : Cradle Arc signs a joint venture agreement with Indiana resources for Kossanto West’s development

Mali : Cradle Arc signs a joint venture agreement with Indiana resources for Kossanto West’s development

Cradle Arc announced that its subsidiary Caracal Gold Mali has concluded a...

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10 September 2018

7 September 2018

cote-d-ivoire-tongon-mine-resumes-operation

Côte d’Ivoire : Tongon mine resumes operation

Côte d’Ivoire : Tongon mine resumes operation

This week, Randgold Resources announced the resumption of its activities at Tongon...

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7 September 2018

6 September 2018

burkina-faso-boungou-mine-achieves-commercial-production

Burkina Faso: Boungou mine achieves commercial production

Burkina Faso: Boungou mine achieves commercial production

The Canadian mining company SEMAFO, announced that last week, Boungou mine, in...

Read more |
6 September 2018

5 September 2018

mali-endeavour-mining-sells-tabakoto-gold-mine

Mali : Endeavour Mining sells Tabakoto gold mine

Mali : Endeavour Mining sells Tabakoto gold mine

Endeavour Mining agreed to sell Tabakoto, its gold mine in Mali to...

Read more |
5 September 2018

Telecom

Comms