africa news

Private power to boost growth in Kenya

Private power producers are set to increase Kenya’s electricity generation capacity by 285 megawatts to spur economic growth and improve competitiveness, the World Bank has anno
Private power to boost growth in Kenya

Sundance agrees to Chinese takeover bid

Australia’s Sundance Resources has accepted a takeover offer from China’s Hanlong (Africa) Mining Investment.
Sundance agrees to Chinese takeover bid

ITC Global invests in West Africa

US-based ITC Global, a provider of satellite communications to the mining, energy and maritime sectors, has acquired the remaining 10 per cent interest in ITC Guinee.
ITC Global invests in West Africa

New hospital for Burkina Faso

The African Development Bank has financed a new hospital in Tenkodogo, Burkina Faso
New hospital for Burkina Faso

Barrick confirms China talks on ABG

Canada’s Barrick Gold Corporation has confirmed that it is in discussions with China National Gold Group Corporation regarding the sale of its holding in African Barrick Gold (A
Barrick confirms China talks on ABG

Plans in place to develop Songwe River Basin

Preparations are being made to develop the Songwe River Basin in Kyela, Tanzania.
Plans in place to develop Songwe River Basin

Drilling begins at Mbawa prospect

Australia’s Origin Energy has announced the commencement of drilling at the Mbawa prospect offshore Kenya.
Drilling begins at Mbawa prospect

Bannerman provides Epangelo update

Australia’s Bannerman Resources has announced an update on its discussions with Namibian state-owned mining company Epangelo Mining Company.
Bannerman provides Epangelo update

Nestl├® opens two South African sites

Nestlé has opened two new production sites in South Africa to support the growth of its business in the region.
Nestl├® opens two South African sites

Kenya to upgrade transport systems

Kenya is to develop new mass rapid transport systems to reduce traffic congestion in Nairobi and other major cities and to improve the country’s regional competitiveness.
Kenya to upgrade transport systems

Eni announces Mozambique gas discovery

Italy’s Eni has announced a giant new natural gas discovery offshore Mozambique.
Eni announces Mozambique gas discovery

Anglo American raises De Beers stake

Anglo American is to acquire an additional 40 per cent interest in De Beers for a total cash consideration of US$5.1 billion.
Anglo American raises De Beers stake

World Bank funding to improve SenegalÔÇÖs electricity services

The World Bank has approved US$85 million of funding to help the government of Senegal and the Senegal National Power Utility (SENELEC) to improve electricity services in the co
World Bank funding to improve SenegalÔÇÖs electricity services

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