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Sound of election drums gets louder in Morocco

Next fall elections are due to be held in Morocco and political parties have made a fuss about an electoral law that is pending final approval. Meanwhile, discussions on the cost and alliances and the emergence of old party leaders after long absence are making headlines. The cost of elections has initially been set at […]

DR Congo, China seal new mine-road financing deal worth $7 Billion

The Democratic Republic of Congo (DRC) and GEC, a consortium of Chinese companies, have sealed a new mine-road financing deal worth $7 Billion. The funds are mainly intended for the construction of national roads in the central African country. State-owned mining company Sicomines announced the decision over the weekend following talks on an updated version […]

Ethiopia launches stock exchange to spur private sector

Ethiopia has become the latest African country to launch its own stock exchange on January 10 to open-up its growing economy to private investors. The launch is part of economic reforms to end the state control of the economy of the near 100-million-nation. Dubbed, the Ethiopian Securities Exchange (ESX), the bourse is expected to provide […]