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Seraphim opens first African solar cell factory in South Africa

Seraphim Solar System Co. Ltd, a global solar product manufacturer, has announced the inauguration of a new 500 MW solar cell factory in the Coega Industrial Development Zone of Port.

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Egyptian Government approves Mubadala Petroleum and BP in Nour North Sinai Offshore concession

The sale of a 20% participating interest to Mubadala Petroleum, a wholly-owned subsidiary of Mubadala Investment Company, and a 25% participating interest to BP in the Nour North Sinai Offshore.

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Petra Diamonds sells South Africa mine for $14

Petra Diamonds has offloaded its Helam mine in South Africa for a total price of ZAR 200 ($14). Petra put the asset on care and maintenance in 2015 after failing.

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Africans Have An Extreme Fear of Being Labelled As Mentally Ill

The importance of a stable mental health condition cannot be overemphasized. Mental health is one of the most neglected health conditions in the African continent and this can be attributed.

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Dangote produces 1.5m metric tons of sugar annually

Dangote Sugar Production Company is producing 1.5 million metric tons of sugar annually, the Director Sugar of the company, Alhaji Abdussalam Ibrahim Waya, has said. Waya stated this at Dangote.

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AIIB invests $510 mln in sustainable infrastructure for Egypt

The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved $510 million funds for two infrastructure projects in Egypt. Co-financed with the Government of Egypt and other lenders, the.

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Women economic empowerment key for Africa’s development – Alejandro Alvarez de la Campa

When women are economically empowered, they bring more benefits to society than the case with men, said World Bank’s practice manager for competitiveness, and innovation global practice on Saturday. Providing.

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IMF approves $3.7bn credit for Angola

The International Monetary Fund (IMF) has approved $3.7 billion credit to Angola, the agency said. IMF, in a statement, said the three-year credit, under the Extended Fund Facility, was aimed.

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Maintaining security and stability is an investment in Africa – Abdel Fattah el-Sisi

Egyptian President Abdel-Fattah El-Sisi says that ensuring security and stability in Africa is considered an investment for the continent. El-Sisi made the comments during the first session of the Africa.

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SoftBank hires first female partner to manage $100bn Vision Fund

SoftBank hired Facebook executive Kirthiga Reddy as a partner at its $100 billion ( R1.41 trln) Vision Fund, the first woman to join a group of just a dozen that.

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