Niger planning to take full control of Samira hill mine
Niger plans to purchase Semafo's 80% stake in the Samira Hill mine in order to take full control of the project.
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
Anadarko sells part of stake in Africa property
Anadarko sells part of its stake in Mozambique property to Oil and Natural Gas Corp. Ltd. for USD2.64 billion.
Exchange law will help Kwanza trade, says Angolan Central Bank
Exchange law passed last year was done as a step toward increased kwanza trade.
EU looks at using economic pressure to end violence in Egypt
The European Union said it would study the possibility of using economic pressure to end the bloodshed in Egypt.
Barclays Bank Kenya finances Marriot Drilling's rig
Barclays Bank of Kenya signed a financing deal with the African unit of British oil explorer Marriott Drilling worth USD 13 million.
Store revamps cause sales to drop in Bain Capital's South African retailer
Edcon Holdings, a clothing retailer owned by Bain Capital Partners, suffered sales losses because of its remodeling operations.
Gold Fields Ltd buys Barrick Gold's Australian assets
Johannesburg-based mining firm Gold Fields Ltd said it had signed an acquisition agreement with Barrick Gold to buy the latter's assets in Australia.
Vodacom to invest TZS 200 billion for network expansion in Tanzania
Vodacom Tanzania announced plans for network expansion with TZS 200 billion investment.
Bradley A. Gordon is new African Barrick Gold CEO
African Barrick Gold named industry veteran Bradley A. Gordon as its new Chief Executive Officer.
Cairn funds own drilling campaign
Cairn Energy Plc to start drilling campaign on September.
