NewsNorth Africa

Sun,14Feb2016

North Africa

Reviews: Books from not so humble beginnings...

Photo©ReutersImbolo Mbue's debut novel, Behold the Dreamers became the most expensive African fiction manuscript after Random House paid a whopping million dollars for the US rights.

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Banking: Egypt's CIB to raise $1bn to fund growth

Photo©CIBEG.comCommercial International Bank (CIB), Egypt's largest listed company, said its board had approved a plan to raise up to 8 billion Egyptian pounds ($1 billion) to fund expansion.

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Electricity: Who's got watts?

Political and bureaucratic blockages are weighing on big-ticket power projects. Photo©Petterik Wiggers/PANOS-REAThere are big pushes for Africa to be electrified, but the continent is far from plugged in. Projects have been slow to develop even as new money has been looking for ventures.

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Across Africa, a people's 2016 manifesto

From Cape Town to Casablanca, The Africa Report took the continent's temperature, talking to everyone from shoe sellers to politicians and financiers to identify their policy priorities and what issues they want to see making headlines in 2016.

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New Ethiopian Airlines academy launch at the forefront of African aviation development

Photo©Ethiopian Airlines AcademyEthiopian Airlines has inaugurated it's the refurbished aviation academy, rebuilt at a cost of $100 million. The rebuilt academy, the airline said on Sunday, will increase its annual intake capacity to 4,000 students.

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Trade: Egypt's GASC gets wheat tender offers despite quality row

File photo©ReutersEgyptian state buyer GASC (General Authority for Supply Commodities) received four offers in an international wheat purchase tender on Friday despite uncertainty over tough new quality rules which have disrupted its massive wheat import programme, traders said.

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