Most Recent World News

Botswana: An African Model for Progress and Prosperity

The southern African nation of Botswana has defied the global economic downturn of the 2007-2009 great recession. Instead, it exemplifies the recent transition of economic growth in favor of low-income.

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Liberia Secures U.S.$256 Million American Grant

The Board of Directors of the Millennium Challenge Corporation (MCC) has approved US$256.7 million grant to Liberia under the Millennium Challenge Compact program. The grant was approved during the MCC.

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Nigerian National Petroleum Corporation (NNPC) Receives N263 Billion Loan to Develop Oil Wells

The Nigerian National Petroleum Corporation (NNPC) on Sunday announced that it had secured a $1.2bn (N236 billion) multi-year drilling financing package for the development of 36 offshore and onshore oil.

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Addis Ababa launches modern urban rail service

Ethiopia’s first modern urban commuter rail service has been launched in the capital Addis Ababa. The $470M project, which was mostly funded by China’s Exim Bank, is the first fully.

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African Development Bank (AfDB) Chief To Focus On Powering Africa

The African Development Bank (AfDB) will focus in coming years on tackling Africa’s chronic power shortages to try to unlock its economic potential and end its vulnerability to fluctuations in.

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10 Most Mineral-Rich Countries In Africa

When it comes to the stuff bling is made of, Africa is enormously bountiful. Its mineral deposits make it one of the richest natural-resource-laden places on Earth and everyone wants some. The following are the.

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Africa Moves A Step Closer To Polio Eradication – United Nations

Africa has made great strides towards eradicating polio but the job remains to be finished through strengthened immunization campaigns and surveillance measures, according to the United Nations. Observing yesterday the.

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Uganda’s State-Owned Power Company Invests $24M In Smart Meters

Uganda’s retail power distributor Umeme Power Company is reported to be investing US$24mn in automated meter-reading technology that uses smart meters to help it curb energy losses among large commercial.

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Ghana Embarks On Nuclear Power Project

The Ghana Nuclear Regulatory Bill has been passed and is awaiting the President’s assent. The objectives of the Bill are to establish the Ghana Nuclear Regulatory Authority with clear functions.

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Manta Resort Africa’s first underwater hotel in Tanzania [Photos]

Welcome to Africa’s first heart-stopping underwater room, at the Manta Resort on Pemba Island, off the coast of Zanzibar in the beautiful African country of Tanzania. Definitely one of the most amazing.

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