At least 50 people were killed in Nigeria when fuel from a crashed truck that they were siphoning up caught fire, local media reported. The incident happened on Monday afternoon after a fuel tanker trying to avoid a pothole overturned and fell off the road in Ahumbe village in Benue State, according to a spokesman […]
Emerging Markets
PSA Officially Inaugurates its Kenitra Plant
King Mohammed VI chaired, on Thursday in the integrated industrial platform “Atlantic Free Zone”, in the commune of Amer Saflia (province of Kenitra), the inauguration of the new French automaker PSA Peugeot plant worth €557 million. The group’s industrial project in Morocco is based on the creation of a complete automotive ecosystem. Construction work […]
Vocational training roadmap presented to the King
The roadmap for the promotion of vocational training in Morocco has been presented to King Mohammed VI at a meeting he chaired Thursday in Rabat. The roadmap provides inter-alia for the setting up of “des cités de métiers”, platforms of professions and skills, in each of the twelve regions of the Kingdom. The Cities will […]
Energy Market: ECOWAS completes its new Regional Master Plan
The Economic Community of West African States (ECOWAS) has finalized its new Regional Master Plan for the Production and Transmission of Electric Power. The plan, which was presented by Secretary General of the West African Power Pool (WAPP), Siengui Appollinaire Ki, aims to increase power access and coverage across the West African region. The new […]
Volkswagen inks MoU with Ethiopian Government
After Kenya and Rwanda, the German car giant Volkswagen continues its expansion plan in East Africa. A Memorandum of Understanding (MoU) was signed on Monday by Thomas Schaefer, Head of the Volkswagen Sub-Saharan Africa Region, and the Commissioner of the Ethiopian Investment Commission (EIC), Abebe Abebayehu to deliver a joint vision for the development of […]
Trade: Tunisia and Ghana boost ties for strategic investments
A delegation of Tunisian investors is in Ghana to explore business opportunities from different sectors including Agric-food, information technology, construction and engineering, state-run news agency reported. According to Deputy Trade Minister, Carlos Ahenkorah, the move will allow Tunisia to manifest its business prospects in Ghana to complement the West-African nation’s industrialization agenda. MrAhenkorah urged the […]
Bharti Airtel to give Tanzania bigger stake in Airtel Tanzania
Tanzania’s President’s office last weekend said India’s Bharti Airtel has agreed to give part of its stake in Airtel Tanzania to the government. If confirmed, Tanzania government’s holding in the mobile phone operator will rise to 49 percent from 40 percent. According to local media, the announcement followed talks in Dar es Salaam between President […]
KSA/France: Air France to suspend flights to Riyadh from end January over financial reasons
France’s flagship carrier Air France in a statement has said it will wrap up flights to the Saudi capital Riyadh from next end this month because of “economic performance”. “Air France has decided to suspend its direct flights to Riyadh, Saudi Arabia as of February 1, and continues the cooperation with Saudi Arabian Airlines on […]
UAE: DMCC picks Belhasa Six Construct for 78-storey skyscraper building
Dubai free zone operator DMCC announced Sunday it awarded the contract for the construction of 78-storey ‘Uptown Tower’ in uptown Dubai district to Belhasa Six Construct, an entity of BESIX, reports say. “Awarding Six Construct the contract to construct Uptown Tower is an important step in bringing the much-anticipated Uptown Dubai district to life. The […]
British holidaymakers back to Turkey, Tunisia and Egypt
A study carried out this summer by ForwardKeys and market research company GfK shows that British holidaymakers are flocking back to North African countries; destinations that until recently were feared by many to be at risk of unrest or terrorism. The study which predicts future travel patterns by analysing booking transactions by travel agents shows […]









