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Business

Egypt considers a $1.5-2 billion Eurobond in coming weeks

Egypt is considering a $1.5-2 billion Eurobond offering in the coming weeks, finance minister Amr El Garhy on Saturday said in a telephone interview...

Africa rejects Europe’s ‘dirty diesel’

Governments in West Africa are taking action to stop the import of fuel with dangerously high levels of sulfur and other toxins. Much of...

Oil-smuggling tankers captured in Libya after firefight

Libyan naval forces captured two vessels suspected of smuggling oil from the North African country after gun battles lasting several hours west of the...

ILO advocates improved occupational safety and health data

The International Labour Organization (ILO) is advocating the urgent need for vastly improved national occupational safety and health (OSH) data on the occasion of...

Dubai Islamic Bank passed to operate in Kenya

The Central Bank of Kenya (CBK) has licensed the Dubai Islamic Bank - owned by the United Arab Emirates’ largest Shariah lender Dubai Islamic...

Olam Cocoa opens innovation center, launches new powder brand

Olam Cocoa has marked the opening of its latest Cocoa Innovation Centre (CIC) in Willowbrook, Illinois, just outside of Chicago. The new facility will provide important innovation capabilities to support Olam Cocoa’s North American customers. The opening of this latest CIC, one of six globally, along with Centres in Brazil, Netherlands, Spain, Singapore and UK, will assist customers in the refinement and reformulation of existing recipes, provide proof of concept opportunities, and aid in the development of new products across such diverse application categories as beverages, cereals, chocolate confectionery, dairy, biscuits and bakery, and ice cream.

Ghana takes steps to ensure effective measurement of productivity

Officials in Ghana have taken a giant step in the bid to effectively measure productivity in the West African Country. It follows the establishment...

Zuma to meet business leaders over South Africa’s junk status rating

South Africa’s  President Jacob Zuma is expected to meet with business leaders to discuss the country’s credit rating downgrade to a Junk Status. The meeting...

United Airlines to offer up to $10,000 for forfeiting seat

United Airlines says it will offer up to $10,000 (£7,800) to passengers who give up seats on overbooked flights. The change comes as part of...

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