Eni announces a new oil discovery in Angola
13/12/2018Eni has struck a new oil discovery in the Afoxé exploration prospect located in Block 15/06, offshore Angola. The discovery is estimated to contain between 170 and 200 million barrels.
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Most Recent World News
Business & Economy
WorldRemit partners BancABC for digital money transfer services
13/12/2018Global money transfer company, WorldRemit has entered into a new partnership with Atlas Mara Limited-owned Zimbabwe financial institution BancABC to provide a digital money transfer service. Using the WorldRemit app.
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Business & Economy
Moroccan Airports Authority partners with National Aviation Services to launch e-gates at Pearl Lounge
13/12/2018The Moroccan Airports Authority (ONDA) has partnered with National Aviation Services (NAS) to launch the first electronic gates (E-gates) at the Pearl Lounge in the Marrakech Menara Airport departures area..
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Business & Economy
Qatar Petroleum marks its first entry into the Republic of Mozambique
13/12/2018Qatar Petroleum has entered into an agreement with an ExxonMobil affiliate to acquire a 10% participating interest in three offshore exploration blocks in the Angoche and Zambezi basins in the.
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Africa
Business & Economy
Trade and Investment
Growing Trade in Africa
13/12/2018Developing countries need trade to assist them boost development and reduce poverty. This can be achieved through enhanced investment opportunities and the widening of the private sector base. Trade creates.
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Business & Economy
Kenya launches new currency coins
12/12/2018President Uhuru Kenyatta has called on banks to find new innovative ways of supporting the growth of Small and Medium Enterprises (SMEs) in the country. The President spoke at the.
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Business & Economy
African Development Bank delivers strong development results in Egypt
12/12/2018The African Development Bank (AfDB) has published the ‘Country Results Brief’ on Egypt. The report, which looks at Egypt’s economic situation, puts a spotlight on Bank’s investments in the energy,.
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Business & Economy
Ecobank appoints MFS Africa as digital payment partner
12/12/2018Pan-African bank Ecobank has appointed MFS Africa as digital payment partner enabling cross-platform payment services for Ecobank account holders. The partnership allows Ecobank customers to send and receive money to.
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Business & Economy
Egypt says Zohr gas field output to hit 3 bln cubic feet/day by 2019
12/12/2018Egypt said on Wednesday that production from its giant Zohr offshore gas field is expected to exceed 3 billion cubic feet per day by 2019. Egypt aims to be a.
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Business & Economy
EU announces €125 million funding for the Sahel region
12/12/2018The EU has announced new funding totaling €125 million for the Sahel countries. The fresh injection of €125 million will be used for the swift launch of new initiatives, which.
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