EnergyFeaturedTwo new solar power plants go online in South AfricaPritam BordoloiOctober 2, 2020October 2, 2020 by Pritam BordoloiOctober 2, 2020October 2, 2020 The two plants will add a collective 132MW to South Africa’s generation capacity... Read more
FeaturedTelecominq. acquires 100% stake in Vodacom Business Africa’s operationsInternational Finance Business DeskSeptember 25, 2020 by International Finance Business DeskSeptember 25, 2020 It will acquire operations in Nigeria, Cote d’Ivoire and Zambia, with Cameroon pending regulatory approvals... Read more
AviationFeaturedEmirates to fly to more African destinations from OctoberPritam BordoloiSeptember 25, 2020 by Pritam BordoloiSeptember 25, 2020 The carrier will resume operations to Johannesburg, Cape Town, Durban, Harare and Mauritius... Read more
MagazineOil & GasInvestment woes in Africa’s oilWebAdminSeptember 21, 2020September 22, 2020 by WebAdminSeptember 21, 2020September 22, 2020 Global catastrophes are affecting the degree of investment in African oil producers... Read more
AviationMagazineHow did Ethiopian Airlines make it happen?Pritam BordoloiSeptember 21, 2020September 21, 2020 by Pritam BordoloiSeptember 21, 2020September 21, 2020 The world can plainly see how the carrier has managed the crisis without external financial aid or striking jobs out... Read more
BankingFeaturedDeutsche Bank to increase lending to commodity traders in the Middle EastInternational Finance Business DeskSeptember 14, 2020 by International Finance Business DeskSeptember 14, 2020 The move is anticipated to double the size of its business in the region... Read more
FeaturedOil & GasKariya Energy seeks to acquire oil and gas assets in Africa nationsInternational Finance Business DeskSeptember 7, 2020 by International Finance Business DeskSeptember 7, 2020 The company will target producing oil and gas assets, in addition to developing small-scale LNG... Read more
EnergyEgypt targets investments worth $3 bn in its electricity sector during 20/21Pritam BordoloiSeptember 7, 2020 by Pritam BordoloiSeptember 7, 2020 It will be around 6.1% of the country’s total investments... Read more
FeaturedOil & GasTotal, Mozambique sign security pact for $20 bn natural gas projectInternational Finance Business DeskSeptember 3, 2020 by International Finance Business DeskSeptember 3, 2020 A joint task force will be formed to provide security for Mozambique LNG project activities in the Afungi site... Read more
EconomyFeaturedNigeria’s capital imports nosedive 78.6% to $1.295 bn in Q2International Finance Business DeskSeptember 1, 2020 by International Finance Business DeskSeptember 1, 2020 Its capital imports had dropped $21.32 billion seven years ago to $5.12 billion in 2016 and has merely recovered ever since... Read more