Nigeria lost case in London for deferment of case on US$1.1 billion oil deal
(2 minutes read) · In a major setback to the Nigerian government, it has lost a
bid to postpone a massive claim against...
Turkey to invest in Africa; already the second largest investor in projects
(3 minutes read) · Although Turkey’s contracting industry is a small fry as
compared to China, it has the expertise and experience in...
Ethiopian Coffee in Turkish Cup
(3 minutes read) · KUMTEL, the Turkish home and electric appliances manufacturer has launched an Ethiopian coffee house in Istanbul, Turkey, with...
BP agrees to sell off its stake in Gulf of Suez to Dragon Oil
British multinational oil and gas company (BP) one of the world's seven oil and gas "supermajors", has announced its decision recently to sell its...
France to focus on SMEs in Africa
The French Development Agency (AFD) will provide US$30 million via the African Guarantee Fund for Small and Medium Sized Enterprises (AGF), to improve their...
De Beers to change track: focuses on restructuring to cut cost & stay...
(5 minutes) · De Beers is contemplating a massive restructuring of its business model. That will encompass revamping its mines operations, restructuring...
German Grant for Ghana to produce electricity from waste
Ghana is set to receive a grant of €5 million from the German government for building a plant that will produce electricity from waste....
South Africa and France work for promoting democracy
(3 minutes read) A French-backed forum to promote democracy among young people in Africa was launched recently in South Africa. This idea was mooted a...
Mauritius ties up with Liverpool Football Club for promoting tourism
(3 minutes read) · The Mauritius Tourism Promotion Authority signed a three-year partnership deal with Liverpool Football Club (LFC) as the club’s...
Ethiopia and Russia ink agreement to assembly cars
(2 minutes read) · Media Center of Egypt’s cabinet denied that electricity prices for households are set according to the area in...