Category Archives: Business

Ancient Mass Production Brewery Uncovered in Egypt

Archaeologists have discovered a 5,000-year-old brewery that could produce thousands of liters of beer in the ancient Egyptian city of Abydos, Egypt’s Tourism and Antiquities Ministry said. The site in Egypt’s Sohag Governorate likely dates back to the…

Kenyan Women Dominate Top Manufacturing Jobs

A survey by the Kenya Association of Manufacturers shows that women are dominating the east African country’s top mechanized jobs, although men still own most businesses and have better paying jobs. Easter Kojwang is a businesswoman who started her own…

To Benefit from Aid, Sudan Must Enact Tough Economic Reforms Quickly, Economist Says

Sudan’s transitional government must start moving quickly on tough, economic reforms to stabilize the economy if it wants to benefit from pledges of support offered by its international partners, said one U.S.-based analyst. On Thursday, the United Ki…

Mozambique: Nyusi Inaugurates Beira Green Park

Maputo — Mozambican President Filipe Nyusi on Saturday inaugurated a “Green Park”, covering 45,000 square metres, in the heart of the central city of Beira.The park cost 17 million euros (about 20.7 million US dollars), financed by the Mozambican gover…

Mozambique: Mozambican Public Debt Is Now 12.37 Billion Dollars

Maputo — According to the Minister of Economy and Finance, Adriano Maleiane, Mozambique’s public debt currently stands at 12.37 billion US dollars, of which about 16 per cent is owed to China.Speaking in the country’s parliament, the Assembly of the Re…

Mozambique: Gorongosa National Park to Spend 15 Million USD On Building New Schools

Maputo — Gorongosa National Park (PNG), in the central Mozambican province of Sofala, has pledged to disburse 15 million US dollars for the construction and furnishing of 40 new primary schools and associated facilities such as housing for teachers, wa…