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…
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Angola
Afreximbank signs €175mln with Mota-Engil Africa
The African Export–Import Bank (Afreximbank) has signed on Sunday a dual tranche term loan facility worth €175…
Afreximbank signs $30mln loan facility with Angolan Griner Engenharia
African Export-Import Bank (Afreximbank) signed on Sunday a $30 million Corporate Loan Facility with Griner…
Microsoft seeks to bring satellite internet for millions in Egypt, African countries
Microsoft has announced on Wednesday about its plans to bring internet access via satellite to 10 million people,…
Capital Economics: The indirect coronavirus fallout is ‘battering’ Africa economies
The indirect economic fallout from the coronavirus outbreak is hitting Africa, with the sharp decline in commodity…
Egypt’s El Sewedy Electric unit inks $484.5mn Angola power stations deal
A subsidiary of El Sewedy Electric has sealed a $484.5 million contract to build three power stations in Angola but…
Egypt To Be Global Growth Powerhouse By 2040: Ernst And Young
Ernst and Young stated that Egypt is the second most attractive country in Africa for foreign direct investment…
S.Africa Cuts All Iran Crude Imports In July
South Africa imported no crude oil from Iran in July, customs data showed on Friday, a sign Pretoria is avoiding…
NAM Members Contain 57% Of Global Oil Exports
The member states of Non-Aligned Movement (NAM) contain 57% of global oil exports. The oil exporting members of…
Japan’s Inpex To Acquire Angola Oilfield Stake From Total
Japan's top oil and gas explorer Inpex Corp said on Tuesday it has agreed to acquire a 9.99 percent stake in…
