Most Recent News

Nigeria Becomes Biggest Importer Of Kerosene From US

World’s eighth largest exporter of crude oil and Africa’s largest economy, Nigeria, is now the biggest importer of kerosene from the United States, a new data released by the Energy.

US-Africa Investment Forum Award Dinner

South Africa 2014 Elections Focus on Free and Fair

In a few days’ time, South Africa will hold the 2014 elections and questions on the freedom and fairness of this event are being raised. This will be the fifth.

Nigeria’s Finance Minister Okonjo-Iweala Honoured by Time Magazine in New York

The gala was organized by Time to honour those that were listed as the 100 Most Influential People in the World Minister of Finance and Coordinating Minister for the Economy.

Africa is Ripe for Investment

US has just announced that it has invited over 47 African leaders to Washington for a US-Africa Summit. The summit is going to focus on trade. It comes up as.

World Bank Approves $150m Grant For Education In Africa

Nineteen university-based African Centers of Excellence (ACE) across seven countries in West and Central Africa (Nigeria, Ghana, Senegal, Benin, Burkina Faso, Gambia, Togo and Cameroon) will receive a combined grant.

Kenya’s 2013 GDP Growth Surpasses Forecast

Kenya’s economic growth in 2013 surpassed expectations, recording a 4.7 per cent GDP growth, slightly higher than the 4.5 percent forecast by African Development Bank (AfDB), a growth rate Anne.

Local Firms to Benefit from Nigerian Oil Deals

The Nigerian National Petroleum Corporation (NNPC) has awarded yearly crude oil lifting term contracts for 2014/2015 of about $40 billion to mostly Nigerian companies comprising Aiteo, Taleveras, Barbedos and others,.

10 Of Africa’s Longest-Serving Dictators

Of the world’s 30 longest-serving leaders – some would call them dictators – 14 are in Africa. Can you guess which ones make the top-10 list? 1. Teodoro Obiang Nguema.