Oil Hits Two-Year Low As Supplies Build
Brent crude dropped to a two-year low below $97 a barrel on Thursday, falling for a sixth straight session as mounting supply and weak demand...
Category : BUSINESS
Investment in Egypt requires stimuli: GAFI chairman
Egypt’s investment environment requires several stimuli, including a bankruptcy law, High Investment Council, and a “one-stop shop” system, according to General Authority for Investment and...
China And Chad Rifts Deepen Over Oil Licenses, Spill Allegations
By CELESTE HICKS The relationship between the Chadian government and the Chinese National Petroleum Company (CNPC) has reached a new low, with the country threatening to...
African Gaming Company Targets €47m Income
A Malta-based gaming company operating in Africa is on track to reach its operating income target of €47 million. Pefaco, founded by Francis Perex...
Real Estate Funds Come To Africa
London – High stakes for high return, if you can stick it out for the long term – investors are buying into a boom in...
Natural Disasters Cause $41bn Losses
Zurich -Natural disasters caused total economic losses of $41bn in the first six months of this year, much less than usual, reinsurance group Swiss Re...
Gold Rises As Dollar Pauses But US Data Eyed
Gold jumped 1% on Tuesday after a pause in dollar and equity market rallies prompted a break above $1,280 an ounce that triggered chart-based buying,...
Touch Of Famous Mercedes Trophy Tourney Laid Out At Muthaiga
By LARRY NGALA More by this Author Local golfers will Friday afternoon have a taste of the world’s most famous amateur event, the Mercedes Trophy,...
UN Allocates $75 million To Boost Aid Operations In The Sahel, Horn of Africa
Women carry rations distributed at the Doro refugee camp. Photo: Stephen Graham/IRIN The United Nations humanitarian chief today allocated $75 million from the UN Central...
On A metal Twist with Tony Evbodaghe
The African countries and economies were being handed over to the Africans to handle and run by their colonial masters starting with countries such as...
Airtel To Sells Its 3,100 Towers In Four African Countries
Airtel today announced to sell its 3,100 telecom towers in four African countries to Helios Towers Africa for an undisclosed sum. “It is...
Airtel To Sells Its 3,100 Towers In Four African Countries
Airtel today announced to sell its 3,100 telecom towers in four African countries to Helios Towers Africa for an undisclosed sum. “It is...
Senegal’s ‘Dead Sea’: Salt harvesting in the pink lake
A boat floats on what looks like a huge strawberry milk-lake. The wooden vessels were photographed from the air bobbing on Lake Retba, in...
Senegal's 'Dead Sea': Salt harvesting in the pink lake
A boat floats on what looks like a huge strawberry milk-lake. The wooden vessels were photographed from the air bobbing on Lake Retba, in...
Emerging markets: a business opportunity but a communications challenge
As Africa star continues to rise more multi-national companies have an eye on taking advantage of its plentiful opportunities, but they will need communication networks...
Virgin launches glass-bottomed plane..one of the best April fools of all times
By ; Richard Brandson I’m thrilled to announce that Virgin has created another world-first with the introduction of the technology required to produce the worlds...
Performance and Prospects Economic performance in Africa –
strate resilience in the face of slow recovery of the global economy, although with broad variation across countries and regions. Growth in sub-Saharan Africa was...
Dangote, others, push for visa-free travel across Africa
Dangote, others, push for visa-free travel across Africa (ABUJA) African Development Bank (AfDB) says it will support visa-free travels in Africa to enhance regional...
Angola’s new import tariffs putting the squeeze on the poorest residents in one of the world’s most expensive cities
In Luanda’s Jumbo supermarket, a half-litre tub of imported vanilla ice-cream used to cost $25 (£15), testament to the Angolan capital’s rank as one of...
Angola's new import tariffs putting the squeeze on the poorest residents in one of the world’s most expensive cities
In Luanda’s Jumbo supermarket, a half-litre tub of imported vanilla ice-cream used to cost $25 (£15), testament to the Angolan capital’s rank as one of...