Most Recent World News

Construction Company Drags Congo Republic to Court Over $1 billion Unpaid bills.

Commisimpex, a construction firm has recently taken the Congo Republic to a French court for over $1 billion in unpaid bills. In the early 1980s, Commisimpex had worked on construction and.

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Botswana: Vancouver-based Company Sells Diamond worth $53 million

Botswana’s Lucara Diamond Corp. a diamond exploration and mining company based in Vancouver, recently sold its Lesedi La Rona diamond for $53 million, or $47,777 a karat, to Graff Diamonds,.

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Nigeria: Chinese Company Invests $600 million in the Textile industry

Shandong Ruyi Technology Group; a Chinese textile company, has recently signed a Memorandum of Understanding with the government of Kano state Nigeria to invest $600 million in the garment industry..

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Mozambique Set to Lightup 332 Villages Before 2030

The government of Mozambique has proposed to increase electricity in the country through small renewable energy projects that will be given to foreign investors. Reports say the deal will attract.

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Nigeria: Lagos Airport Meets Regulatory Safety Requirement

Murtala Muhammed International Airport, Lagos on Monday became the first airport in Nigeria to be certified by the Nigerian Civil Aviation Authority, NCAA for meeting regulatory safety requirements. The certificate was.

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“Recovery Plan do not Include Cutting Local Routes” – SA Airways

South African Airways, which runs one of Africa’s biggest unprofitable fleets is currently seeking the aid of about 20 billion rand ($1.5 billion)from the government to pay off debts to.

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Kenya: Farmers to Gain from Direct Flights to US

The United States Department of Transportation’s decision to allow Kenya Airways fly directly into the US presents a huge opportunity to Kenyan farmers. For example, CEO of The Fresh Produce Exporters Association.

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Nigeria: Buhari Inaugurates N30b Poultry, Feed Mill

The President of Nigeria Muhammadu Buhari inaugurated the N30 billion Olam Integrated Feed Mill, Hatchery and Breeder Farm in Kaduna on Tuesday. The project is aimed at supporting food security.

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AfDB Strategize to Strenghten Cassava Industrialization

The African Development Bank (AfDB) in its quest to encourage the production of crops with high potential for industrialization of agriculture in Africa, has intensified its financing of cassava production..

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South Africa to Review MPRDA Laws

South Africa has decided to review laws of the Mineral and Petroleum Resources Development Act, MPRDA, with the aim of bringing in more investors. Amended laws are expected to be passed.

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