Most Recent News

BNA resumes sale of US dollars to Angola commercial banks

The National Reserve Bank of Angola (BNA) has resumed the sale of foreign currency in dollars to commercial banks, making $30 million available, which had not happened since October 2016..

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Equatorial Guinea launches ‘Year of Energy’ drive to celebrate gains

The Government of the Republic of Equatorial Guinea has launched the 2019 Year of Energy initiative, shining a light on new and innovative petroleum projects in Equatorial Guinea and assembling.

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UK announces over £300 million worth of deals with African nations

UK Prime Minister Theresa May and International Trade Minister George Hollingbery led a 29-strong business delegation on their visit to South Africa, Nigeria and Kenya this week to promote economic.

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Volkswagen set to establish vehicle assembly facility in Ghana

Thomas Schaefer, Volkswagen Head of the Sub-Saharan Region and the Ghana Minister of Trade and Industry, Alan Kyerenmaten have signed a Memorandum of Understanding in the presence of Angela Merkel,.

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AFRICAN ANTI-CORRUPTION FORUM & EXCELLENCE AWARDS, USA

Africa and corruption: The world recognizes that corruption distorts economic growth and development. In 2002, the African Union reported that Africa lost about USD$150 billion through corruption every year. This.

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Nigeria Signs Memoranda on Agro, Trade with Germany

Nigeria and Germany signed two memoranda of understanding on agriculture and trade, which will increase cooperation and promote the role of small and medium companies in the African country. One.

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Nigerian President Muhammadu Buhari, Angela Merkel meet in Aso Rock

President Muhammadu Buhari on Friday met behind closed doors with the German Chancellor, Ms Angela Merkel at the Presidential Villa, Abuja. Merkel’s visit to Nigeria is part of her visits.

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Kenya to Host African Conference on Civil Aviation Services

The Civil Aviation Authority of Kenya will host next week the African Conference of Organizations of Civil Aviation Navigation Services. The event is schedulesd from September 4-6 in the city.

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Panoro Energy makes oil discovery at Dussafu, offshore Gabon

Panoro Energy has made an oil discovery in the Ruche North East Marin-1 (DRNEM-1) well drilled in the Dussafu Marin PSC, offshore Gabon. The company carried out the drilling of.

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South Africa’s trade balance swings to deficit in July

South Africa’s trade balance swung to a deficit of 4.66 billion rand ($317 million) in July from a revised 11.89 billion rand surplus in June, data from the revenue agency.

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