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Africa News
Diamond producer De Beers sings 3 new contracts with Angola
Diamond producer De Beers, a division of Anglo America, has inked three new contracts with Angola to support…
Uganda central bank keeps rates at 9.5%
The Bank of Uganda (BoU) leaves its benchmark rate unchanged at 9.5 per cent as inflation remains below its…
Bill Gates, Jeff Bezos-backed KoBold Metals to develop Zambian copper mine
KoBold Metals which is based in California announced that it may consider partnerships to expedite the development…
Shell to establish gas supply facility for Dangote fertiliser in Nigeria
Shell Plc has decided to move forward with the establishment of a gas supply facility in Nigeria to feed a…
Vodafone’s overall organic services grow 4.7%
Vodafone Group Plc witnessed an overall organic revenue increase of 4.7 per cent to €9.38 billion ($10.1 billion)…
Nigeria devalues currency for 2nd time
Nigeria has drastically devalued its currency for the second time in eight months, to streamline its convoluted…
CBN pays additional $64mln FX backlog
The Central Bank of Nigeria (CBN) has paid an additional $64.44 million toward the verified foreign exchange…
Zimbabwe faces inflation spike after currency crisis
A currency collapse in Zimbabwe caused a surge in inflation, increasing the prices of goods and services and…
EGYPES: Global energy leaders to address energies of the future on Feb. 19
Egypt Energy Show (EGYPES) is taking place at Egypt International Exhibition Centre (EIEC) on February 19-21, under…
Shell’s exit from Nigeria spotlights risks facing oil sector
Shell’s exit from the onshore oil sector in Nigeria puts the spotlight on the risks oil business face in the…