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Ethiopian Airlines could buy 10-20 of Boeing’s proposed mid-sized jet

Ethiopian Airlines would be interested in buying around 10 to 20 of the mid-sized jets that Boeing is studying whether to develop, the African airline’s chief executive said on Tuesday. Boeing is looking at potentially...

U.N. warns of looming food crisis in South Sudan starting next year

The U.N.'s Food and Agricultural Organisation (FAO) warns that the country will begin next year with the worst food security situation in the country's history. More than half the country's population, around 5.1 million,...

Alibaba smashes record with sales volume exceeding $25 billion

China's "Double 11" shopping day has concluded with a bang, with Alibaba smashing its Singles' Day record. The e-commerce giant's Taobao and T-mall, which are China's largest online shopping platforms, recorded a sales volume exceeding...

Africa set to top 1 billion mobile internet connections in five years: study

Africa’s mobile internet connections are set to double in the next five years, a study showed on Monday, thanks to affordable smartphones and the roll-out of high-speed networks. A report by research and consulting firm...

Ford to invest $211 million in South Africa to boost output

American car-maker Ford said it would invest 3 billion rand ($211 million) in its South African assembly plant to meet rising domestic and international demand for its Ford Ranger pickup truck, the company said...

Nigeria targets pensions, gratuities, terminal benefits for taxation

The Nigerian government may be headed for a collision course with labour unions over plans to tax pensions, gratuities and terminal benefits of workers. The country is seeking to expand its revenue beyond oil and...

Egypt to issue wheat import guidelines within two weeks – minister

Egypt will issue guidelines on wheat imports within two weeks that will detail all specifications, procedures, and regulations for traders selling to the world’s largest buyer, Supply Minister Ali Moselhy told Reuters on Wednesday. Moselhy...

Tech Battlefield: Startups from sub-Saharan Africa go head to head

Young innovators, investors and tech lovers gathered in Nairobi for the first TechCrunch Startup Battlefield competition held in Africa. Startups from sub-Saharan Africa go head to head to compete for the top prize. The event...

Nigeria to exit close to 100 international treaties to save money

Nigeria's government says it is exiting close to 100 international treaties to save millions of dollars spent on servicing its membership at the organizations. Currently the West African giant is signatory to 310 international organizations...

Uganda’s military engineers to learn railway construction in China

A team of Ugandan military engineers is scheduled to travel to China where they will be trained in railway construction. The military officers will receive a three-month special training in construction of a Standard Gauge...