News

KQ records 35% domestic passenger growth

01-07-2011 | 14:43:47
Buoyed by increased capacity frequencies, and Malindi as renewed destination in the domestic market, Kenya Airways has announced a 35% growth in passenger ...

Eritrea: Milestone-First Gold Pour at Bisha

01-06-2011 | 15:23:47
Nevsun Resources  is pleased to announce its successful first gold pour at the Bisha Gold Mine during late December. The first pour was part of the ...

Goldwind wins 76.5MW Ethiopia deal

01-06-2011 | 15:21:10
Goldwind is to export wind turbines to Africa for the first time, following a 76.5MW supply deal with HydroChina International Engineering Company (HCIE). The ...

Millennium Challenge Corporation (MCC) board selects eligible countries, approves $350 million compact for Malawi

01-06-2011 | 15:19:22
At its quarterly meeting today, the U.S. Government’s Millennium Challenge Corporation (MCC) Board of Directors selected Ghana and Georgia as eligible ...

Distinguished Global Visionaries: Niall Ferguson and Peter A. Seligmann will Address the World's Largest Gathering of Investors, Financiers and Stakeholders in African Mining

01-06-2011 | 15:15:12
The 17th Annual Investing in African Mining Indaba is expected to bring 4,500 financiers, investors and mining professionals from both established and ...

Discovery granted new manganese prospecting licenses in Botswana

01-05-2011 | 15:13:00
Discovery Metals Limited is pleased to announce that 16 new Prospecting Licences (PLs) in southern Botswana have been granted to the Company . These ...

UAE 2nd largest energy investor

01-05-2011 | 15:10:25
Massive development plans in the hydrocarbon sector have catapulted the UAE to the second largest potential energy investor in the Middle East and North ...

Chamber International turns focus on North Africa

01-05-2011 | 15:08:37
KIRKLEES companies are being urged to look at export opportunities in North Africa. A briefing in Bradford later this year will put the focus on Algeria ...

East Africa Bottling Receives First Trucks for Fleet Expansion

01-05-2011 | 15:06:49
East Africa Bottling SC Coca Cola has received seven IVECO 380 trucks it bought at a cost of 23 million Br from AMCE as part of its 107 million dollar ...

Solar power benefits rural East Africa

01-05-2011 | 15:05:22
Solar power has opened a world of opportunity, improved the quality of life and eased daily routines in the developing world, according to the New York ...

Agoda.com Partners with Leading South African Chain Protea

01-05-2011 | 15:02:38
Agoda.com, Asia’s global hotel booking site and part of Nasdaq-listed Priceline.com Inc., today announced a partnership with the Protea Hospitality ...

Copper price keeps investors keen - Zambia chamber

01-04-2011 | 15:28:08
The high copper price will bring further hefty investment into the sector in Zambia next year, keeping it on track to produce an annual 1 million tonnes ...

Global Alumina Corporation, a corporation participating in a joint venture to develop an alumina ref…

01-04-2011 | 15:24:55
Global Alumina Corporation, a corporation participating in a joint venture to develop an alumina refinery, mine and associated infrastructure in the ...

World Bank Supports Urban and Water Development in Cameroon

01-04-2011 | 15:22:34
The World Bank office in Cameroon, represented by Mr. Faustin Koyasse, Acting Country Director and the Government of Cameroon, represented by Mr. Paul ...

Magal Receives $2.6 Million Order for Seaport Security in West Africa

01-04-2011 | 15:19:31
Magal Security Systems announced that it has received a $2.6 million order for an integrated solution to secure a seaport in West Africa. This is the ...

Telecel Zimbabwe launches mobile wallet service

12-24-2010 | 13:18:50
Telecel have launched a service which enables customers to use their phones as a mobile wallet. The move means subscribers can open virtual banking accounts ...

Cardero Resource Corp. Acquires Securities of Abzu Gold

12-24-2010 | 13:16:52
Cardero Resource Corp. announces that, effective December 21, 2010, it has acquired an aggregate of 8,634,007 common shares, representing 16.32%, of ...

AfDB Invests USD 550 Million in New Egyptian Power Plant

12-24-2010 | 12:38:02
A USD 550-million African Development Bank (AfDB) Loan, approved on 15 December 2010, will help Egypt build a new 650-MW power plant. “The USD 550-million ...

Nigel Sinclair Thomson on Zwana Unicom

12-22-2010 | 11:40:17
In Johannesburg Africa Business Communities met with Nigel Sinclair Thomson, CEO of Zwana Unicom.Kindly tell us about your company.'My company Zwana ...

MILLICOM INTERNATIONAL CELLULAR S.A. - CREATION OF NEW TOWERS COMPANY IN DRC

12-22-2010 | 11:38:10
Millicom International Cellular S.A. today announces that its subsidiary in the Democratic Republic of the Congo , Oasis has agreed to sell 729 towers ...