AFR - Business

Botswana signs new diamond sales deal with De Beers

In exciting news for the diamond industry, Botswana and mining giant De Beers recently unveiled a groundbreaking agreement that will significantly impact the distribution of rough diamonds.

Zimbabwe to export citrus to China in July

According to the Chinese Embassy in Zimbabwe on Wednesday, Zimbabwe's citrus exporters are collaborating with Chinese officials to make it easier to sell citrus fruits to China.

South African Johann Rupert surpasses Nigerian Aliko Dangote as Africa’s wealthiest person

Forbes Magazine has recently reported a captivating turn of events in the realm of African billionaires. Johann Rupert, a prominent South African business magnate, has dethroned the revered Nigerian tycoon, Aliko Dangote, to claim the coveted title of Africa's wealthiest individual.

Zimbabwe welcomes move to start citrus exports to China

Zimbabwe, which has 4,000 hectares of citrus land welcomed China's acceptance of fresh citrus imports from the country on Friday, saying the move will open new doors for agricultural trade.

Egypt’s Suez Canal economic zone lures US$2.5 billion foreign investment in 11 months

From July 2022 to May 2023, the Suez Canal Economic Zone (SCZone) in Egypt garnered 2.5 billion dollars in foreign investment, according to the General Authority of the SCZone in Egypt.

EFCBC attracts $70mln projects in Africa for Egyptian contractors

The Egyptian Federation for Construction and Building Contractors (EFCBC) has attracted projects worth EGP 2.150 billion for Egyptian contracting companies in several African countries, as stated in an emailed press release on May 29th.

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