Most Recent World News

South Africa: Today’s Destiny Traders eyes Mozambique energy market

The Managing Director of Today’s Destiny Traders, Mr Peter Madlala says the research that he has conducted as part of preparation for his trip to Mozambique to participate in the.

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Ghana opposition seeks IMF view on $2 bln Chinese Bauxite deal

Ghana’s opposition in parliament wants the International Monetary Fund (IMF) to decide whether a $2 billion Chinese deal agreed by the government in exchange for bauxite will add to the.

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Angola signs $500 million agreement with Germany’s Commerzbank

Angola has signed a framework agreement amounting to $500 million with and the German Commerzbank. On the side of Angola, the document was signed by Finance minister Archer Mangueira, while.

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Kenya: NIC Bank Half-Year Net Profit Down 2.1% as Interest Paid on Deposits Rises

NIC Bank’s net profit for the first six months of 2018 fell 2.1 per cent to Sh1.98 billion from Sh2.03 billion posted at a similar time last year as interest.

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KEFI Signs Agreement Worth Up To USD35 Million For Ethiopian Project (ALLISS)

KEFI Minerals PLC said Friday it has signed an agreement with Ethiopian investors worth as much as USD35 million in order to develop its Tulu Kapi gold project in Ethiopia..

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Nigerian crude exports set for four-month high

The nation’s oil exports are expected to rise to their highest in four months in October, on the back of supply of several larger grades coming back online following a.

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Foreign Investment Gives Ethiopia over Four Billion Dollars

Ethiopia attracted over four billion dollars in Direct Foreign Investment (DFI) during the last fiscal year, which ended on July 8, confirmed here official sources. According to the spokesperson of.

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Kenya: Medical Suppliers Lost Sh114 Million in Sales Due to Delays at Inland Container Depot

Medical suppliers has lost Sh114 million in sales owing to delays in clearing consignments at the inland container depot in Nairobi. Mission for Essential Drugs and Supplies (MEDS), a regional.

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Dangote signs 20yr deal with TPDC for supply of gas to its Tanzanian plant

Tanzania Petroleum Development Corporation (TPDC) and Dangote Cement yesterday signed a 20-year deal that will see the cement maker produce electricity for the production of cement at Dangote’s Mtwara plant.

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Crude oil transportation from Turkana to Mombasa begins after stand-off

Transportation of crude oil from Turkana to Mombasa resumed on Thursday after nearly fifty days of stand-off between a local community and the Government. After a series of meetings and.

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