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US suspends rough diamond imports from Zimbabwe due to forced labour

The United States Embassy in Harare, admitted that it does not have any direct proof of forced labour in Zimbabwe’s diamond mines, while banning...

US-EXIM Bank to lend Mozambique LNG project

The U.S. Export-Import Bank may lend a US$5 billion direct loan to Mozambique  for the development of a liquefied natural gas (LNG)...

Pepsico targets Africa growth through Pioneer Foods

American multinational food, snack, and beverage corporation PepsiCo has put in an offer to acquire stakes valued at approximately $1.7 billion of South...

Google lays undersea cables to connect Africa with Europe

Equiano may sound something similar to equator. But it is the name of a famous Nigerian writer, whose full name is Olaudah...

US threatens sanctions if violence repeats in Sudan

Makila James, deputy assistant secretary for East Africa and the Sudan, informed a U.S. House of Representatives hearing that if violence against the protestors continue...

US electric motorcycle company to set up plant in Kenya

ALYI added that a letter of intent (LoI) was signed between the company and Kenyan and European-based partners for its new investment...

The U.S. energy firm to build $20 billion export terminal in Mozambique

The U.S. energy firm Anadarko Petroleum Corp has announced its plans for the construction of a $20 billion gas liquefaction and export...

12th US-Africa Business Summit to bring together 1000 investors

Corporate Council on Africa announced that there would be a good participation of Heads of States attending  the 12th U.S.-Africa Business Summit...

Exim Bank US and Ghana Exim Bank (GEXIM) inks deal

The Export-Import Bank of the United States (EXIM) and Ghana Export-Import Bank (GEXIM) have signed a cooperation agreement to promote the private...

US President speaks to Libyan Military Leader on the turmoil

In a statement issued by the White House it was reported that President of the United States, Donald Trump spoke to the...

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