Most Recent World News

Chinese Firm to Invest $209-million in Gabon for Hydro-power Development

TBEA, a Chinese power firm, will invest $209-million hydropower project in Gabon alongside the West African country’s sovereign wealth fund. According to Liban Soleman, General coordinator of the Bureau of.

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Kenya Signs $237 million Deal with U.S Finance Institution for Energy Development

President Uhuru Kenyatta on Monday 27 August, 2018 urged the U.S government to facilitate the operation of U.S businesses Africa. This was honored with a $237 million energy deal. The.

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Trade Imports between China and Africa Records Tremendous Increase

Trade import and export volumes between China and countries from Africa reached $116bn in the first seven months of 2018 up 18.7 percent year-on-year. China’s exports to Africa were worth.

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Angola & Zambia Sign Visa-Free Agreement

The Angolan and Zambian governments have announced the launch of the visa-free agreement in ordinary passports, in a simultaneous act in both countries. In Luanda, the ceremony was coordinated by.

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Africa Oil & Power Conference Set to Hold From 5-7 September, 2018

Africa Oil & Power will welcome the Secretary Generals of the Organization of the Petroleum Exporting Countries, the Gas Exporting Countries Forum and the International Energy Forum, hosting top-level discussions.

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Kenyan Government Reveals Plans to Establish Special Zones for Livestock Production

The Kenyan government has revealed plans to create 50 special zones, technically known as feedlots, for production of livestock for the export market. The new initiative will be done in.

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MTN Ghana set to disburse GH¢12.3m to victims of SBI “Ponzi scheme”

MTN Ghana has announced that it has finalized modalities to disburse GH¢12.288 million to victims of Savannah Brokerage Investment(SBI) limited. A press release by the telecoms giant said the decision.

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Anheuser-Busch InBev To Construct New Brewery in Mozambique

Anheuser-Busch InBev, the world’s biggest brewer, will commence the construction of over two-million hectolitre a year brewery in Mozambique in the second half of 2019, the company’s Africa head revealed.

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Rwanda: Tea Export Revenues Projected to Rise to $92Million in 2018

National Agriculture Export Board (NAEB) has projected that tea export revenues would rise from $88 million last year to $92 million this year. Rwanda’s tea exports for 2017 increased by.

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Burkina Faso & Côte d’Ivoire Sign Petroleum Supply Agreement

The General managers of SITARAIL, Quentin Gerard, the Ivorian Refining Company (SIR), Thomas Camara and the Burkinabe National Hydrocarbons Company (SONABHY), Hilaire Kabore, have penned an agreement to develop the.

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