NIGERIA: EGBIN POWER PLANS TO DOUBLE GENERATING CAPACITY
16/12/2015As part of efforts to boost power supply in Nigeria, the country’s biggest power company Egbin Power Plc plans to double its generation capacity to 2,640 megawatts (MW) over the.
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SANLAM LEADS SOUTH AFRICA’S DEAL OF THE YEAR
16/12/2015A leading financial services group, SANLAM, has received approval for the acquisition of a significant stake in Afrocentric Healthcare Assets Proprietary Limited (AHA), which represents the biggest transaction in South.
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South Africa’s Rand Recovers as Gordhan Takes Over
16/12/2015Following the appointment of the widely respected Finance Minister, Pravin Gordhan, South Africa’s rand has recently extended its rally from the previous session, firming to well below the 15 rand.
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Algeria Opens New 350,000 Tonne Capacity Sugar Refinery
16/12/2015The Ministry of Industry in Algeria, has recently announced the opening of a new sugar refinery with a capacity of 350,000 tonnes a year, in the country Officials have revealed.
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AfDB approves $1.5 billion loan to Egypt
16/12/2015The African Development Bank (AfDB) has approved a $1.5 billion loan to Egypt to be paid out over three years, International Cooperation Minister Sahar Nasr has said. According to Nasr,.
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Italy to Contribute to Africa’s Fund for Combating Climate Change
16/12/2015As part of efforts to mitigate the negative impact of climate change and transition the continent to sustainable low-carbon growth, the Italian government has recently announced that it will contribute.
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New Cable to Take Internet Connection to Inaccessible African Countries
16/12/2015Liquid Sea, a subsidiary of Liquid Telkom, leading Fiber Optics Company in Sub-Saharan Africa, is set to take internet connection to landlocked countries in Eastern, Central and Southern Africa with.
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CENTRAL AFRICA: VOTING ENTERS SECOND DAY AFTER VIOLENCE
16/12/2015Eligible voters has recently defied a day of armed clashes in Central African Republic to have their say on a new constitution seen as vital to ending violence in a.
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