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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...

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