Ghana Vows Tough Action against Abusive Foreign Employers
21/04/2016Ghana has recently vowed tough action against foreign investors who abuse local workers following a spike in cases of employees that were tortured by their employers.
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Hong Kong Company Partners with Nigeria on Alternative Source of Power
20/04/2016The Hong Kong LED lighting manufacturing company, iFlux, has recently promised to assist Nigerian government in the area of alternative source of power in the country.
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Dubai Islamic Bank Aims to Open in Kenya
19/04/2016Dubai Islamic Bank (DIB) has recently made plans to start operating in Kenya before the end of 2016, despite the Kenyan authorities’ moratorium on issuing new banking licences.
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Italian Oil Company to Invest 20Bln Euros in Africa
18/04/2016Italy’s Oil and Gas Company Eni, has conclude plans to invest about 20 billion Euros ($22.5 billion) into Africa’s oil and gas sector over the next four years.
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Why Gabon Wants to Re-join OPEC
15/04/2016The African nation of Gabon wants to re-join OPEC after more than two decades, two OPEC sources said, becoming the second former member in a year to seek a return.
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Angola Finds Offshore Oil, Gas Reserves
15/04/2016Angola’s state oil company Sonangol said it has found oil and gas reserves in the Kwanza basin that could total 2.2 billion barrels of oil equivalent, including in a block.
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Tunisia: New Law to Shield Central bank from Political Interference
14/04/2016Tunisia’s parliament has recently approved a law to strengthen the central bank autonomy to shield its board from political interference, one of the key economic reforms sought by the country’s.
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Nigeria Non-oil Income Boost to Offset Oil Slump
13/04/2016Nigeria expects its non-oil revenues to nearly double this year as Africa’s top oil producer seeks to offset a slump in oil revenues.
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Nigeria: FG Sets Key Plans for Economic Growth, Job Creation
12/04/2016Nigerian Finance Minister, Mrs. Kemi Adeosun, has recently set out the government’s plan to reset the nation’s economy at a special programme organized by the Lagos Business School.
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Nigeria to Get $200 Million from Oil Majors
11/04/2016The Group Managing Director of state-owned oil firm NNPC Ibe Kachikwu, has recently said that Nigeria will get $200 million in hard currency from oil majors to pay for fuel.
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