Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 526 tonnes of cotton in the week that ended on January 8, an Alcotexa official told Reuters on Sunday.

The Kimberly Process Certification Scheme sent Zimbabwe a letter to permit the beleaguered African country to continue conducting supervised sales of diamonds mined at the controversial Marange fields, a senior government official sad.

Malawi will in the coming months invite bids from investors willing to build a 300 megawatts coal-fired power plant to meet its rising demand for electricity, Energy Minister Grain Malunga said on Sunday.

Switzerland-based Global Wood Holding will invest 900 million euro to grow Eucalyptus trees in Tunisia and export the wood to Europe, creating 45,000 jobs, Reuters reported on Monday.

A mobile telecommunication company in southern African country of Zimbabwe Telecel has launched a service to enable their subscribers to use their cellphones as a mobile wallet. The mobile banking service enables customers to operate virtual bank accounts at a fraction of the cost of conventional banking and without the need to provide payslips or proof of earnings to open the account.

LUSAKA, Dec 15 (Reuters) - Zambia's Konkola Copper Mines (KCM) owned by London-listed Vedanta Resources (VED.L: Quote) plans to invest $1 billion in the next 3-4 years on expansion and upgrades in a bid to become a major global copper producer, its chief executive said on Wednesday.

Vietnamese businesses have not paid enough attention to researching Egyptian and other Middle Eastern and African markets.

Vodafone Ghana has launched the Samsung Galaxy Tab. The Samsung Galaxy Tab is a portable Android platform Smartphone and personal computer merged into one, and is suitable for those who want to stay connected to people and information on the go.

The Reserve Bank of Zimbabwe (RBZ) will lay off about 74% of its staff in a restructuring exercise that will see it returning to its core business as the country's monetary authority, in a currency-less economy.

Algeria's largest private company Cevital is set to build a $7 billion aluminium plant with annual capacity of 1.5 million tonnes, Reuters said on Monday.

Leading Telecommunications Company, Airtel Nigeria has concluded plans with the world's largest mobile phone supplier, Nokia to introduce an exclusive data bundle package to StepUP Platinum customers on the new smartphone, the Nokia N8.

ORKNEY, South Africa: Mawethu Mguli and hundreds of other workers at the gold mine in Orkney have gone months without pay at a time when gold is going for around US$1,400 an ounce.

French carmaker Renault has renewed talks to build a plant in Algeria after the plan was shelved months ago following administrative constraints, Reuters reported on Thursday.

JOHANNESBURG, Nov. 25 (Xinhua) -- South Africa has revealed its New Economic Growth Path plan, which has set an ambitious target of creating five million jobs over the next decade, through slashing unnecessary red-tape, improving competition in the economy and stepping up skill development in Africa's biggest economy.

Reports say Johannesburg-based Paramount Group, Africa's largest privately held defence and aerospace company and one of the top defence manufacturers in South Africa, is predicting strong sales growth following the launch of its revolutionary armoured vehicle which is taking the defence market by storm.