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The shopping centre will have multiple facilities for the customers. (Image Source: Alexas-fotos/Flickr)

South African company African Property Investimentos Lda plans to invest about US$60mn in construction of a shopping centre in the city of Nampula, capital of the province of the same name in northern Mozambique, under an MoU signed

The South African rand has gained more than 16 per cent in 2016. (Image source: warrenski/Flickr)

South Africa has reclaimed the title of ‘Africa’s largest economy’, two years after losing it to Nigeria, according to the International Monetary Fund (IMF) data

The projects aim to create nearly 16,000 jobs– 12,000 in construction phase and 4,000 in operating phase, the statement by the Ministry of Industry and Mines said. (Image source: unefunge/Flickr)

Two Algerian firms and an Indonesian industrial group have signed three accords to invest US$4.5bn in phosphate mining, a statement by the Algerian Ministry of Industry and Mines said

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