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Lepidico secures DFC funding for its Namibian lithium project

(3 minutes read)  Lepidico, an Australian lithium developer has secured a US D 50 mn commitment from the US Government’s International Development Finance Corporation (DFC)...

Mauritius to impose 15% tax on online services —Amazon, Netflix etc to be hit

·        The Mauritius Government has proposed to  impose a 15% tax on subscriptions to online services. This will bring online service...

Seychelles tourism sector is kicking off

(3 minutes read) ·        Over 75 percent of the rooms in Seychelles' 418 tourism establishments have received safe tourism certificates ·     ...

Sanlam acquires Rwanda Insurance Company

The leading South African insurance company, Sanlam is on an aggressive global expansion mode. Recently it has added Rwanda, the 40th country in its global...

Namibia to intensify mining of diamonds

Namibia will intensify its mining of diamonds in the coming years. As a sequel to this drive, five African commercial banks have...

Botswana’s success story- Choppies- runs into trouble

Boardroom squabbles with the chairman and former Botswana President, Festus Mogae over the direction and running of the company led to the suspension...

South African Telecom Tariff on the higher side-regulator

There is a flip side to every development effort. That is true in the case of telecom also. Large multinational companies that...

Macro Ocean Investment Consortium to build Zambia’s 327- kms Lusaka-Ndola road

(3 minutes read) The Road Development Agency (RDA) of Zambia said that the Macro Ocean Investment Consortium was selected as the preferred...

The Congress of South African Trade Unions of South Africa is in a collusion...

(3 minutes read) ·        The Congress of South African Trade Unions (Cosatu) has given a clarion call to its members to strike...

Africa’s first ‘Industrial Green Steel’ production plant in Namibia

(3 minutes read) Namibia’s Oshivela project which is scheduled to commence in late 2024, is being initiated by HyIron with support from the German Federal...

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