Company News

Gigawatt Global, a multinational renewable energy company (headquartered in Amsterdam) which works on the development of utility-scale solar fields in emerging markets, said it will invest 500 million USD in Ethiopia in renewable energy and human resource development.

According to Di Yuan Ceramics (Ethiopia) Plc., 100 brand stores will be setup in Ethiopia for 1000 beneficiary youths as part of the project.

THROUGH its Tigo Pesa money transfer service, has turned three Tanzanians into new multi-millionaires on the eve of the New Year. 'I have suddenly become a millionaire!' .

Nigeria’s manufacturing giant, Dangote Cement, has received legislative approval from the Liberian Senate for the production of cement in the West African country.

Stakeholders and businessmen in Cameroon’s economic sector, have been urged to promote innovation as a means of accelerating growth of small and medium sized companies in the country.

MTN Cameroon, has added two two new contact points; the Hilton Service Centre in Yaounde and Carrefour Market Service Centre in Douala, to the already 22 Service Centres in the country.

Asmara — As part of effort to expand services, the Eritrean Airlines has launched new airline routes from and to Asmara-Cairo and Milano starting from 9 December 2017.

Why are the big names of the oil and gas industry after Morocco? The question is not something to lose sleep over: the kingdom is politically stable, has an attractive legal framework, and is possibly sitting on important gas fields.

Zimbabwe Stock Exchange listed company Power Speed Electrical Limited recorded a turnover of $53.9 million for the year ended 30 September, a 30% increase from the same period last year due to increased sales of lower margin locally manufactured building materials.