Most Recent World News

Nigeria: FG Adjures Dangote to Speed up Private Refinery Construction

The Federal Government has adjured Nigeria’s richest man Aliko Dangote to speed up the construction of his $12bn refinery. According to the Nigerian government, it is ready to assist in.

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South Africa: Central Bank Mandated to Protect Currency Value

The South African Central Bank is saddled with the responsibility of ensuring that the South African currency retains its value. Governor Lesetja Kganyago said Tuesday, during a proposal by the.

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Zambia: Operations Halted at Nchanga Underground Mine

Zambia’s Konkola Copper Mines (KCM) has declared that operations on Nchanga underground mine (NUG) will be put on hold following the recent theft of high voltage cables within the mining.

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Ethiopia Exports $62 Million Worth of Agricultural Products to China, Europe

Image: UN The head of Ethiopian Trade ministry Gondar regional office, Bizuayehu Demissie, has said that Ethiopia has successfully exported 62 million US dollars’ worth of agricultural products through the.

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South Africa: Amplats Records 55% Fall on Lower Sales

South Africa’s world largest producer of the precious metal, Amplats, stated on Monday that there has been a fall of 55% profit on lower sales, a stronger rand and tax.

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9mobile Solicits for New Investors

Former Etisalat Group now 9mobile says it is open to partner with new investors, its chief executive said on Wednesday at an event to officially announce the company’s new name.

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Uganda: Hydro-Electric Power Plant Refinancing Opens New Capital

On the 13 of July 2017 an agreement of US$29.3 million of Senior Debt with a 12-year term was signed by the Emerging Africa Infrastructure Fund (EAIF) and FMO, the.

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Mozambique: Japan Freezes US$100 Million in Loans, Donation

Image: myjica Japan has frozen the loans and donation it gives to Mozambique which in cash sums up to US$100 million. This action was taken following the scandal of undisclosed.

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Tanzania Shoe Factory Set To Be Rebranded

The local shoe industry of Tanzania is about to be rebranded into an international brand, as the government is beginning to make efforts towards developing the industry into a mega.

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South Africa: German Software Company Netted in Money Laundering Case

South Africa democratic alliance (DA) on Monday accused the German software company SAP of corruption and money laundering involving the friends of the President of South Africa Jacob Zuma. The.

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