Business

Nigeria: US to build $537m consulate in Lagos

Nigeria: US to build $537m consulate in Lagos

The United States announced the building of a consulate in the Nigerian megacity Lagos, the country’s commercial capital, as Washington strengthens economic and diplomatic relations with Africa’s most populous country, Reuters agency reports. The consulate will be worth $537 million. The U.S. is among the largest foreign investors and donors …

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Mozambique imposes partial ban on meat import from South Africa

Mozambique imposes partial ban on meat import from South Africa

Mozambique has imposed a partial ban on South African imports of cattle, goats, sheep, pigs and their meat and by-products following an outbreak of foot-and-mouth disease in the neighbouring country. The ban covers products from the South African provinces of North West, Limpopo and KwaZulu-Natal provinces. The three provinces reported …

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South Africa: Competition Commission takes Facebook and WhatsApp to court

South Africa: competition commission takes Facebook and WhatsApp to court

The South African Competition Commission on Monday said it had taken Facebook and WhatsApp owner Meta Platforms to court for allegedly abusing its dominant position in the market, Reuters reports. In a statement, the regulator accused Meta of “abusing its dominance by engaging in exclusionary conduct geared at preventing competitors …

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Algeria: President Tebboune bans food exports

Algeria: President Tebboune bans food exports

The Algerian President Abdelmadjid Tebboune has banned the export of foodstuffs that the country imports, the state news agency reported. According to the agency, which quoted a source, the president described as economic sabotage the fact of selling foodstuffs that the country does not produce locally. The commodities include sugar, …

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