BP encounters gas in drilling offshore Mauritania, Senegal

BP Plc (BP.L) on Monday said a three-well drilling programme offshore Mauritania and Senegal encountered gas in “high quality”, bolstering its confidence in gas...

Dangote Petroleum Refinery to save Nigeria in excess of $11b

Minister of Finance, Budget & National Planning, Zainab Ahmed said Dangote Petroleum Refinery will stablise the micro economy by saving the nation 11 billion dollars...

Culture and Doing Business in Africa

OPINION- By Rafiq Raji Lagos — ... my framework relies on these factors - culture, doing business ranking, EM status,...

China-Africa cooperation on energy sector based on mutual trust, shared benefits: Scholar

A Kenyan scholar said China-Africa cooperation in the energy sector is based on mutual trust and shared benefits. Peter Kagwanja, chief executive...

UAEIIC plans to double Emirates investments in Egypt to $14bn: SG Al Jarwan

The UAE International Investors Council (UAEIIC) aims to double the Emirates investments in Egypt to $14bn during the next five years, compared to $7.2bn...

The EU-Africa nexus: promise and purpose

Only by recognizing and sharing the values derived from its unique transnational experience can Europe meet the promise of its holistic partnership with Africa.

South African mines grind to halt as floods deepen power crisis

Mines across South Africa shut down on Tuesday after flash flooding triggered the most severe power blackouts in more than a decade, threatening a...

Africa, Middle East annual spending on tech to reach $149 billion by 2023: IDC

Consumer spending on technology in the Middle East and Africa (MEA) is forecast to total $130.8 billion this year, a year-on-year increase of 4.1%.

Ghana, China Trade Hit U.S.$7.3 Billion

Trade between Ghana and China stood at US$7.3 billion, making Ghana the 7th largest trading partner of China in Africa in 2018,...

African governments struggle to turn around loss-making airlines

Governments from Kenya to South Africa are struggling to turn around loss-making state-owned airlines through restructuring or by bringing on board private partners.

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UK investors urged to deepen economic ties with Africa

The 2020 UK-Africa Investment Summit was attended by Mauritanian President Mohamed Ould Cheikh el Ghazouani and Egyptian President Abdel Fattah el-Sisi.

World’s second largest diamond the size of a tennis ball discovered in Botswana

In a unique collaboration, luxury fashion house Louis Vuitton is all set to transform a rare and...

UK-Africa trade and investment: who benefits?

There has been much hype about a major Africa investment summit being hosted by the UK. Attended by Prime Minister Boris Johnson and an array of royals,...