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AfricaBiz.Link is a leading Africa business news portal featuring news articles and tenders related to business throughout Africa with an emphasis on new business opportunities and issues affecting businesses.

Air Tanzania Picks StandardAero to support Bombardier Q400 fleet

Air Tanzania, the flag carrier airline of Tanzania , has selected StandardAero, a maintenance and overhaul provider based in Scottsdale, to provide maintenance and engineering services for the Pratt & Whitney Canada PW150A engines, powering the flag carrier’s fleet of three Q400 regional turboprops.

Egypt Cracks Down on Dissidents Calling It Counter-Terrorism

Egypt may claim it is just protecting against terrorism, the truth is authorities there are more often using state-of-emergency laws and courts to unfairly prosecute journalists, critics, and activists in the country, according to recent reports from Human Rights Watch.

African Development Bank Signs Grant Agreement for Afreximbank to Develop Factoring

Egypt-based Afreximbank just signed a Grant Agreement with the Trade Finance operations part of the African Development Bank. The purpose of the Grant is to support the development on the continent of factoring, a form of debtor finance in which a business sells its accounts receivable invoices to a third party (called a factor) at a discount.

South Africa Lands $10B Investment from UAE

According to a just-issued statement from the office of South African President Cyril Ramaphosa, the United Arab Emirates has committed to $10 billion in an investment primarily in the country's tourism and mining sectors.

Two Washington, D.C. Watchdog Groups Are in Nigeria for Pre-Election Planning

The next Nigerian general elections are scheduled for February 2019. To help ensure fairness in the voting process, two Washington, D.C. non-profits, the International Republican Institute (IRI) and the National Democratic Institute (NDI) have deployed a joint Pre-Election Assessment Mission (PEAM) to Nigeria.

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