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Africa

'India facing twin invasion of locusts, but ready for it'

'India facing twin invasion of locusts, but ready for it...

Tue, Feb 11, 2020

In South Asia, Cressman said, "This year there is a very acute danger of the locusts for the first time in a long time to migrate in great numbers from the horn of Africa at the beginning of the monsoon rainy season in India and Pakistan."

President Kovind accorded Guard of Honour upon arriving in Guinea

President Kovind accorded Guard of Honour upon arriving in Guinea...

Fri, Aug 02, 2019

President Ram Nath Kovind arrived at Guinea’s Conakry today. He was received by his counterpart Alpha Conde. He was accorded Guard of Honour in Conakry. He is on a three-nation visit in Africa and Guinea is his last destination.

Domestic smartphone manufacturer Lava expands operations in Africa

Domestic smartphone manufacturer Lava expands operations in Afric...

Mon, Feb 04, 2019

In the second quarter of 2019, the company aims to expand its operations to six more African countries: Uganda, Tanzania, Ivory Coast, Ethiopia, Senegal and South Africa.

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Citigroup targets rapid Middle East, Africa growth in 2018

Citigroup targets rapid Middle East, Africa growth in 2018

Thu, Feb 08, 2018

Citigroup expects 2018 to be its best year for investment banking in the Middle East and Africa in at least a decade, likely led by Saudi Arabia, a senior executive at the U.S. bank said.

China's Sinopec looking to sell Nigeria business: Sources

China's Sinopec looking to sell Nigeria business: Sources

Wed, Dec 06, 2017

Sinopec and other oil groups including China National Petroleum Corporation and CNOOC made large acquisitions between 2009 and 2013 with the help of low-cost loans from Chinese state-owned banks.

Marico expects to deliver double-digit sales growth about 8-10% for next four to five years

Marico expects to deliver double-digit sales growth about 8-10% for next four to five years

Tue, Apr 04, 2017

FMCG company Marico has projected to deliver double-digit sales growth around 8-10% volume growth for the next four to five years.

83 IPOs hit Indian market, raised $3.8 billion in 2016: EY

83 IPOs hit Indian market, raised $3.8 billion in 2016: EY

Tue, Dec 27, 2016

India's IPO market recorded strong performance in 2016 with 83 IPOs raising $3.8 billion (nearly Rs 25,280.5 crore) this year, and the activity looks set to remain strong driven by a combination of high investor confidence and regulatory reforms, says an Ernst and Young (EY) report.

Cuban revolutionary icon Fidel Castro dies in Havana: President

Cuban revolutionary icon Fidel Castro dies in Havana: President

Sat, Nov 26, 2016

Former President Fidel Castro, who led a rebel army to improbable victory in Cuba, embraced Soviet-style communism and defied the power of 10 US presidents during his half century rule, has died at age 90.

Cash crunch puts brake on India's cotton exports; rivals to gain

Cash crunch puts brake on India's cotton exports; rivals to gain

Mon, Nov 21, 2016

Exports of 1 million bales of cotton from top producer India have been delayed after a government move to ban high-value currency notes prompted farmers, who prefer cash payments, to postpone sales, industry officials told Reuters.

Global IT spends to rise to $1.25 trillion by 2017: Report

Global IT spends to rise to $1.25 trillion by 2017: Report

Tue, Nov 08, 2016

T services, for instance, will see a 4.1% growth in 2017 from a 3.8% growth expected in 2016. While software spending will grow by 6.8% in 2017 from 6% growth in spends in 2016.

Zain to pay Bharti Airtel nearly Rs 858 crore in Africa business sale settlement

Zain to pay Bharti Airtel nearly Rs 858 crore in Africa business sale settlement

Thu, Nov 03, 2016

Zain, Kuwait's number one telecom operator by subscribers, on Thursday, said it will pay $129 million (nearly Rs 858.20 crore) to Bharti Airtel over a settlement related to the sale of Zain's Africa operations to the Indian firm in 2010.

Africa is giving India's two-wheeler makers sleepless nights

Africa is giving India's two-wheeler makers sleepless nights

Mon, Oct 10, 2016

Exports of two-wheelers shrank 12.45% in the first half of current fiscal. at 11.83 lakh units compared to 13.51 lakh units in the same period of last year. While three-wheelers were hit more severely and dropped 39.32%, at 1.59 lakh units.

Nissan to launch eight new car models in India by 2021, executive says

Nissan to launch eight new car models in India by 2021, executive says

Thu, Oct 06, 2016

Nissan Motor Co Ltd plans to launch eight new car models in India by 2021, a senior company executive said on Thursday, adding the company would make the country a base to export cars to Africa and the Middle East.

WATCH: Top 5 stories of the day; From Arun Jaitley's warning to black money holders to PSU bank employees' strike on July 12

WATCH: Top 5 stories of the day; From Arun Jaitley's warning to black money holders to PSU bank employees' strike on July 12

Sun, Jul 10, 2016

Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top five stories of the day: 1. Jaitley warns black money holders

African Safari: Can PM Modi outshine China?

African Safari: Can PM Modi outshine China?

Fri, Jul 08, 2016

India's relationship with Africa is expected to shift to the next gear with Prime Minister Narendra Modi's first visit to the continent's mainland. The four-day tour to Africa includes a visit to countries such as Mozambique, South Africa, Tanzania and Kenya from July 7 to 11.

Here's PM Modi's schedule in Kenya during his Africa tour

Here's PM Modi's schedule in Kenya during his Africa tour

Wed, Jul 06, 2016

PM Modi however is keen on his visit to Kenya, which is scheduled on the evening of July 10.

Oil hits 2016 peaks on fading supply glut fears

Oil hits 2016 peaks on fading supply glut fears

Sat, May 21, 2016

"Production outages in Canada and Nigeria continue to support prices," wrote Capital Economics analysts Caroline Bain and Julian Jessop in a research note.

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