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Violent storm destroys 1000 homes in Cape Town
South Africa’s largest city, Cape Town, was hit by a violent storm on Monday that destroyed nearly 1000 homes, local media reported. Gale-force winds displaced around 4,000 people as the city and its surroundings expect the adverse weather to continue until Friday, authorities said. Cold fronts bringing torrential rain, strong winds, flooding and possible mudslides […]
New Chinese textile unit in Casablanca to create 650 jobs
A new high-tech textile industrial unit in Casablanca will start operations shortly, under an agreement signed this week by Minister of Industry and Trade, Moulay Hafid Elalamy, and the managing director of Omega Textile Maroc, Song Linghui. The unit, requiring an investment of 80 million dirhams, will manufacture hosiery, socks and lingerie by using new […]
ECOWAS: Nigeria Studying Move to Embrace New ECO Currency
Nigeria is studying the currency changes ringing through the West African region and will respond in due course, a statement by a media aide to the Minister of Finance, Budget and National Planning said. “Nigeria has received the news of the change of the UEMOA Currency, the CFA (Communaute Financiere d’Afrique) to Eco supposedly as […]



