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China-Africa Trade Information Service
The Ethiopian Capital Market Authority (ECMA) discloses that it is under discussion with the National Bank of Ethiopia (NBE) to explore avenues for current retail financial firms to step up as investment banks with a separate subsidiary in the upcoming capital market.
Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh has called for deeper private sector participation in the blue economy initiative to harness greater benefits from the maritime industry.
The Egyptian Prime Minister, Mostafa Madbouly, indicated that the Arab country hopes to list at least 20 state-owned companies in 2023 as part of a larger strategy aimed at generating more revenues, Zawya reports.
The Moroccan company OCP Group is reportedly in talks to help Tanzania overcome its food security challenges through the establishment of a fertilizer factory in the East African country.
Oil drilling began on Tuesday in a Chinese-operated field in Uganda. According to a government official, the East African country expects to start production by 2025. The China National Offshore Oil Corporation, CNOOC, operates the field.
The value of Moroccan exports of phosphate and derivatives reached $10.6 billion (MAD 108 billion) at the end of November 2022, the Financial Studies and Forecasts Department (DEPF) indicated in its economic report for January 2023.
Ambassador Nader Saad, the official spokesman for the Presidency of the Cabinet, stated that the total goods released during the period from January 18 to January 23, 2023 amounted to more than $1.5 billion.
The Transmission Company of Nigeria (TCN), has taken took delivery of two brand new 150 MVA, 330/132/33kV power transformers and accessories at its Central Store Ojo, Lagos State.
According to the general manager of international business strategy at China Tourism Group Travel Service Corporation, the number of calls to inquire about overseas travel has increased in the country. However, if the excitement is real so is the caution in Togo.