RosGwen Group, a conglomerate with interests in energy, manufacturing and technology, has announced a US$2m fund to support African entrepreneurs in technology, agriculture and manufacturing sectors.
Zimbabwe has proposed to settle a US$3.5 bn land compensation deal over 10 years as the most recent modification to an agreement made in 2020 with former white farmers who were evicted from properties more than 20 years ago.
Nigeria president Muhammadu Buhari defended a currency change that provoked demonstrations and a shortage of cash on Thursday, but he also directed that old, small denomination 200 naira notes stay in circulation to help with the shortage.
Meikles Limited claims to be financially sound, with cash and bank balances totalling more than US$19 million, allowing the business to keep up with its expansion plans.
Zimbabwe Power Company (ZPC) reports that it fell short of its 2,490GWh fourth quarter output target for 2022 by 30,96% to 1,719GWh, and that its annual energy output fell 7,29% short of the target.
The government of Zimbabwe has declared its intention to take back more than 20 farms that were given out as part of the land reform programme but were never used for anything useful.
President Filipe Nyusi has applauded the growth of direct investment by Swiss firms in Mozambique in key sectors including finance, logistics and maritime transport, manufacturing, agriculture, agribusiness, manufacturing, energy, hotels, and tourism.
Chipo Mtasa, a former managing director of TelOne, has been named board chair of Air Zimbabwe as of Monday 6th February 2023 replacing former finance minister Patrick Chinamasa, who held the position since June 2019.
Apple CEO Tim Cook believes that artificial intelligence (AI) has the ability to significantly alter a number of aspects of contemporary society during the company's most recent financial results presentation.
TotalEnergies chief executive officer Patrick Pouyanne met President Filipe Nyusi on Friday in Pemba for a crunch meeting to discuss about the Mozambique LNG Project and other urgent issues.
