Belgium government grant-loan helps expand water, sanitation services in Kenyan town
A grant-loan from the Belgian government would expand the water and sanitation services in Iten, Kenya.
Africa
Kenyan President William Ruto Considers Crypto Mining to Power Energy Sector Growth
President William Ruto revealed ongoing discussions with companies such as Marathon Digital, signaling a possible transformation in Kenya's economic terrain.
Businessman Who Shot His Wife to Death Thinking She Was an Intruder Gets Only 12 Years in Prison
A South African businessman was sentenced to 12 years in prison for shooting his wife to death after he mistook her for an intruder in their home...
Tesla Slashes EV Prices in China, Germany and Other Countries in Europe as Sales Drop
Tesla has implemented price reductions in key markets such as China, Germany, and other European countries, following similar cuts in the United States...
Moderna Pauses Kenya Plant Plan After Losing $1 Billion as COVID-19 Vaccine Demand Slumps
Moderna announced on Thursday that it has decided to halt its plans to construct a vaccine manufacturing facility in Kenya due to a decrease in demand for COVID-19 vaccines after the pandemic...
Former CEO Shoots Himself to Commit Suicide After Receiving $25 Million Record-Breaking Fine for Fraud at Steinhoff
After being notified of an arrest warrant against him, a former CEO of...
South Africa's Return To Office Gets Middle Finger From Employees Office-Based Work Policies Increase in 2024
South Africa's return-to-office efforts get a middle finger from emplo...
Latest News
South African Airways, TAM Airlines ink codeshare agreement
South African Airways and Brazil's TAM Airlines signed a codeshare agreement to increase travelers' access to destinations in both countries.
OMV to purchase 40% stake in Madagascar's Niko Resources
Austrian oil firm OMV announced that it had agreed to buy a 40% stake in an offshore exploration block in Madagascar from Niko Resources.
Investment One Financial Services buys NIGFUND from Fidelity Bank
Investment One Financial Services Ltd purchased the Nigeria International Growth Fund for an undisclosed amount.
Federal Government of Nigeria loses USD 40 billion in 76 oil leases not yet in production
The Federal Government of Nigeria lost USD 40 billion in downstream infrastructure investments for 76 non-producing oil leases.
Tanzania signs USD 111 million oil palm joint venture agreement with Singapore's Nava Bharat
Tanzania's National Development Corporation signed a joint venture agreement with Nava Bharat of Singapore for an oil palm farm and processing facility.
Investec leads financing for South African power plants
Investec would coordinate lending facilities for two power plants to be built in South Africa.
South Africa's Seven Sisters inks deal with Wal-Mart, ends apartheid legacy
Wal-Mart Stores Inc signed a deal to import South African wine label Seven Sisters in an agreement that ended the legacy of apartheid.
Spar Group works with partner to open store in Angola
South African grocer Spar Group Ltd said it would be working with an Angolan partner to open a store in Luanda in the next six months.
Total agrees on purchase of Chevron's Egyptian retain network
French oil and gas company Total said that it would be buying the retail network of US-based Chevron in Egypt.
