News

BP Agrees Sale of Five Southern African Marketing Businesses to Puma Energy

11-15-2010 | 11:00:57
BP today announced that it has agreed to sell its fuels marketing businesses in Namibia, Botswana and Zambia to Puma Energy. BP also announced that it ...

Small businesses are key to economic growth

11-15-2010 | 10:59:53
Nearly 12-million people rely directly on small businesses for their livelihood, and these enterprises are key to driving South Africa’s economic growth, ...

Zambia Jan-Sep copper, cobalt output up – Central Bank

11-15-2010 | 10:57:15
Copper production in Zambia, Africa's top producer of the metal, rose by 21% from January to September 2010 over the same period last year due to favourable ...

Ghana Chamber of Mines record 8% growth in 2009

11-15-2010 | 10:51:59
The Ghana Statistical Service and the Ministry of Finance and Economic Planning have revealed that the country's mining sub-sector recorded eight per ...

MTN airtime now available everywhere you go overseas

11-12-2010 | 11:40:35
The MTN Group has announced that airtime for all its 21 operations will now be available overseas in over 400 000 outlets following agreements with ezetop ...

Kenya Airways East African Safari Classic Rally set for November 2011

11-12-2010 | 11:39:20
Kenya Airways’ cross border premier rally event is set for 19th to 28th November 2011 following the sponsorship extension by the Pride of Africa in a ...

African Minerals to raise up to approx $800 million for Tonkolili iron ore project

11-12-2010 | 11:37:43
African Minerals Limited (AIM: AMI or the Company), the iron ore project development company that is developing the Tonkolili project in Sierra Leone, ...

Globecomm Expands Wireless Managed Services to Africa

11-12-2010 | 11:33:23
Globecomm Systems Inc. (NASDAQ: GCOM), a leading global provider of satellite-based managed network solutions, has won a contract to provide wireless ...

Lisbon to host Africa-focused agricultural business forum

11-12-2010 | 11:31:41
Following on from the success of the AgriBusiness Forum 2010 held in Kampala earlier this month, and in the framework of its international activities ...

Nigeria to Host Annual Meeting of the Common Fund for Commodities November 23-24 in Abuja

11-12-2010 | 11:30:07
Nigeria to Host Annual Meeting of the Common Fund for Commodities November 23-24 in Abuja WHO: The Government of the Federal Republic of Nigeria and the ...

Clenergen Signs Agreement with Ghana Manganese Company for Biomass Power Plant

11-12-2010 | 11:24:24
Clenergen Corporation (OTCQB: CRGE)(FRANKFURT: 9CE) signed a MOU with Ghana Manganese Company Limited with the objective to install a 2 MW/h Gasification ...

MTN Group, Western Union sign agreement to introduce cross-border Mobile Money Transfer Service in 21 countries

11-11-2010 | 12:58:26
MTN Group, (JSE: MTN), the leading mobile operator in Africa and the Middle East, and Western Union, (NYSE: WU) a leader in global payment services, ...

Ruukki's SA investment hits R3bn, JSE listing likely

11-11-2010 | 12:56:33
The Helsinki- and London-listed Ruukki, which has invested R3-billion in South Africa so far, will soon have two assets and two major projects to manage ...

Platinum Australia to raise A$40m for South Africa projects

11-11-2010 | 12:55:12
SX-listed Platinum Australia on Thursday announced an equity raising of about A$40-million for its Smokey Hills mine and platinum exploration projects ...

De Beers launches the first Diamond Route Conservation & Research Conference

11-11-2010 | 12:53:19
The first Annual Diamond Route Research Conference is taking place in Johannesburg this week. One hundred and twenty delegates and sixteen leading academics ...

Rwanda donates US$ 1 million to the Global Fund

11-11-2010 | 12:51:31
The Government of Rwanda has donated US$ 1 million to The Global Fund to Fight AIDS, Tuberculosis and Malaria. The pledge is part of the Third Voluntary ...

Timeshare and Fractional Networking Expo GNEX 2011 Confirms Support from the Vacation Ownership Association of Southern Africa

11-11-2010 | 12:49:57
Perspective Magazine, the timeshare and fractional industry's premier global information provider, announces the Vacation Ownership Association of Southern ...

AITEC announces first African Outsourcing Summit

11-11-2010 | 12:46:25
AITEC Africa, the continent’s leading convenor of ICT events and champion of the region’s emerging outsourcing industry, has announced that it going ...

Africa Needs the ICT Africa Summit Now

11-10-2010 | 13:24:56
The ICT AFRICA SUMMIT is an event promoting ICT as a means to accelerate economic development in Africa under the theme “Regional Integration through ...

IFC Chief Recognizes Gains in Ease of Doing Business, Aims to Do More in Zambia

11-10-2010 | 13:23:34
IFC Executive Vice President and CEO Lars Thunell today recognized Zambia for being one of the top ten most improved economies for the ease of doing ...