President Barack Obama’s $7 billion US-backed Power Africa initiative has received a major boost with the announcement of the complete payment for the $300 million Ughelli power plant in Delta.
The global power utility, General Electric (GE), on Monday said it was happy to do business in Africa, particularly East Africa, as the continent was facing a firm economic surge..
The African Investment and Development Forum & Awards would hold on 25 September 2013, at the 5 star St Regis Hotel, New York USA, on the margins of the United Nations General Assembly. For participation.
Lagos-based Internet group, SPARK has raised a $2 million investment from a syndicate of 17 international investors, based on a $10 million valuation for its network of Nigerian internet startups. The investment.
Recent acquisition of Kenyan companies by foreign multinationals will provide multi-billion-dollar windfalls for local entrepreneurs, experts reveal. Findings suggests that several billionaire entrepreneurs are selling their stakes in local companies.
Veteran leader Robert Mugabe was sworn in as Zimbabwe’s president for another five-year term before a stadium packed with thousands of jubilant supporters Thursday. Mugabe, 89, pledged “to observe, uphold.
An initiative to bring internet access to the “next five billion” people has been launched by Facebook founder Mark Zuckerberg. The social network has teamed up with Ericsson, MediaTek, Nokia,.
An Egyptian court has ordered the release on bail of former President Hosni Mubarak in a corruption case. Reports suggest he may be freed from jail on Thursday – but.
Nelson Mandela has countless streets named after him, his own foundation, his own fan page and now his own social network. The website mandela.is allows users, called “citizens”, to connect,.
