Oil Production resumes in South Sudan
25/01/2019Oil is again being pumped from fields in South Sudan’s former Unity state, five years after production was halted because of fighting between government soldiers and rebels. Awow Daniel Chuang,.
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Most Recent World News
Business & Economy
Andela Secures $100M Series D to Build Distributed Engineering Teams and Power the Future of Work
24/01/2019Andela, the company building distributed engineering teams with Africa’s top software developers, today announced the completion of a $100M Series D funding. The round was led by Generation Investment Management.
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Business & Economy
Anglo Says Fourth-Quarter Copper Output At Five-Year High
24/01/2019Anglo American said its copper output had reached a five-year high and its overall output for the last quarter of 2018 had risen 7 percent following operational changes that boosted.
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Business & Economy
UCT GSB Joins Prestigious Global List of Business Schools
22/01/2019The University of Cape Town Graduate School of Business (UCT GSB) and 14 other business schools from around the world have been re-accredited by the European Foundation for Management Development.
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Business & Economy
Sports Betting Banned in Uganda
21/01/2019Sport betting has been banned in Uganda after President Yoweri Museveni claimed the sports activity diverted the youth from doing real work. Mr. David Bahati, Minister of State for Finance.
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Business & Economy
East Africa to Grow Faster than African Regions, ADB says
21/01/2019East Africa will grow faster than any other region on the continent in 2019, according to African Development Bank (AfDB). According to the AfDB in its African Economic Outlook 2019.
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Business & Economy
Egypt to Spend $9 Billion on Refinery Upgrade
21/01/2019North African giants, Egypt plans to upgrade six oil refineries at a cost of about $9 billion over four years to increase domestic production to 41 million tonnes a year,.
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Business & Economy
Mercedes-Benz Mulls Resuming Production in Egypt
18/01/2019Global vehicle manufacturer Mercedes-Benz looks forward to resuming production in Egypt soon, a senior official of the company has said. The company also considers additional models in Egypt, Markus Schafer,.
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Business & Economy
VFS Global Awarded Contract to Open New Passport Application Centers in Ghana
18/01/2019Global outsourcing and technology services specialist for governments VFS Global has commenced operations with its first Passport Application Centre in the capital city of Accra on behalf of the Ministry.
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Africa Development
Business & Economy
Development Stories
Africa Needs 12 Million New Jobs Yearly to Stop Rising Unemployment
18/01/2019Africa’s general economic performance continues to recover and GDP growth is projected to accelerate to 4.0 percent in 2019 and 4.1 percent in 2020. But improved macroeconomic and employment outcomes.
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