African Business News

Mozambique: Locals Companies Earn Over a Billion U.S Dollars From Vale

Maputo — Vale Mocambique, a subsidiary of the Brazilian mining company Vale, says it has spent over a billion US dollars on goods and services from more than 400 Mozambican companies in recent years.


Angola: Products Manufactured in Glopol to Replace Imports

Luanda — The minister of Geology and Mining and Industry, Joaquim David, Monday, in Viana district, said that the manufacture of plastic products in the country will replace their imports.


Tanzania: Cashew Processing to Be Done Locally

Dodoma — THE government on Thursday underscored the need to increase processing cashew nut locally to ensure a reliable local market for the crop.


Plans to Expand Kariba Power Plant Hit Snag

PLANS by Zimbabwe to add two more generators to Kariba South have all but hit a brick wall, with the authority responsible for Kariba Dam saying the project was not feasible.


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