Category : BUSINESS

Egypt’s daily gas production is expected to increase by approximately 25% after the start of production in West Nile Delta Development project, German utility DEA...

Five years after it first came to light, the trial began Sunday for one of Algeria’s most notorious corruption scandals involving the state-run oil company...

BY HUSSEIN MOHAMED Somali businessmen should lead in rebuilding their war-torn nation through investing in the country, an investment forum was told Wednesday. Speaking at...

Burkina Faso told a unit of Timis Mining Corp. to stop production as it reviews the permit that was granted to the company to develop...

By Andy Tully Egypt’s deal with BP to jointly invest $12 billion to develop offshore gas fields shows that oil companies’ faith in the country’s...

In a sign that Egypt’s strained relations with the international oil industry may be improving, BP said Friday that it had reached an agreement to...

By ADRIENNE KLASA As the mining industry gathers for the annual Mining Indaba conference in South Africa, Zambia is the latest country in the region...

Egypt’s cabinet and the Ministry of Investment [official website] approved an investment law Wednesday aimed at protecting business deals from legal disputes or political changes...

  Facebook founder Mark Zuckerberg on Monday fended off complaints that the hugely popular social network was getting a free ride out of telecom operators...

  BY JECKONIA OTIENO AND PHILIP MUASYA When the number of sorghum farmers increased in Lower Yatta, Kitui County, about four years ago due to...

Canon Middle East, a leader in imaging solutions, has appointed MITSUMI Distribution Limited as the regional distributor of Canon PV (photo video) products, OPP (office...

Human Rights Watch claims that the World Bank has to confront its African department’s abuses in Ethiopia that were recently revealed by the organization’s internal...

Converting wilderness areas into farmland in East Africa may be increasing the risk of disease epidemics, as rodents crawling with plague-carrying fleas are drawn to...

  Egypt will launch a new international auction for eight oil and gas exploration blocks in Mediterranean Sea, oil ministry said in a statement on...

BY: HENRY LAZENBY In a world where the economic outlook is uncertain, and opinions diverge at best, depending on who you ask, where it is...

PRESS RELEASE Saipem: Milan Court of Appeal decision will have no financial impact. Company to file further appeal with Italian Court of Cassation San Donato...

  Malawian President Peter Mutharika pleaded Sunday with the World Bank to consider resuming aid to the poor southern African nation, saying it was in...

ACE Group today announced the appointment of David Fedarb to the new role of Head of Travel Insurance for Eurasia and Africa, as it expands...

Algeria, China satisfied with progressing relations in various field  ALGIERS- China and Algeria are satisfied with the progressing relations linking them in various fields, China’s...

    Is there corporate life after death? You might conclude, after the recent experience of ASX and AIM-listed Tangiers Petroleum, that there is. I...