News

SA's richest stretch of real estate goes fiber optic

12-21-2012 | 11:16:29
Multichoice-owned Smart Village, specializing in large-scale deployments of high-capacity “Fibre-to-the-Home” multi-service networks, has announced the ...

AfDB Extends the Equivalent of USD 300 Million to FirstRand Bank Limited to Support Projects across Africa

12-21-2012 | 11:14:52
The Board of Directors of the African Development Bank (AfDB) has approved a seven-year multi-currency line of credit for an amount equivalent to USD 300 ...

Kenyans Emerge Top at Global Development Challenge

12-21-2012 | 11:13:07
Two Kenyans have scooped top honours in the recently concluded Appstar Challenge held in Johannesburg, South Africa. Gerald Kibugi who presented a game ...

Airtel Completes 4G LTE Trial in Nigeria

12-21-2012 | 11:12:23
Leading Telecommunications Services Provider, Airtel Nigeria (http://www.airtel.com) has taken a giant stride in its quest to pioneer innovation and lead ...

The Southern African-German Chamber of Commerce is back on board with the Africa Energy Indaba 2013

12-21-2012 | 11:11:17
The Southern African-German Chamber of Commerce and Industry is pleased to announce its endorsement of The Africa Energy Indaba 2013. The Africa Energy ...

MTN launches new and improved MTN Play portal

12-21-2012 | 11:10:06
MTN has launched its revamped content portal, MTN Play (www.mtnplay.com), in line with its commitment to enhance users’ experience and its delivery of ...

IMF Executive Board Completes 1st Review Under Extended Credit Facility for Malawi - Approves US$20m Disbursement

12-21-2012 | 11:09:02
The Executive Board of the International Monetary Fund (IMF) has completed the first review of Malawi’s economic performance under a program supported ...

SPDC awards subsurface studies contracts to four Nigerian companies

12-20-2012 | 13:01:01
The Shell Petroleum Development Company of Nigeria Ltd (SPDC) has awarded Maturation Studies Services contracts to four Nigerian companies, in an initiative ...

MTN revamps content portal

12-20-2012 | 10:05:49
One of Africa’s largest cellular companies, MTN, has launched its revamped content portal, MTN Play, which it says is in line with its commitment to enhance ...

Ghana takes measures to facilitate food security

12-20-2012 | 08:15:01
Ghana has embarked on measures to monitor and control environmental hazards that negate good agriculture practices and food security as well as water resources ...

AGCO Starts Local Production in North Africa

12-20-2012 | 07:43:41
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, held a ceremony yesterday to mark the production ...

Pieter Verkade has been appointed new MTN Group Chief Commercial Officer, effective February 2013

12-19-2012 | 11:17:21
Currently the CEO of MTN Cyprus, Verkade (left) replaces Christian de Faria, who retires in January 2013 after 6 years with the Group. MTN Group President ...

Shareholders Endorse New Commercial Banking Structure for UBA

12-19-2012 | 11:16:06
Shareholders of United Bank for Africa (UBA) Plc. have approved the internal restructuring and reorganization of the capital of the Bank and its members ...

Common Position on Africa’s Post-2015 Development Agenda Set to Take Shape in Senegal

12-19-2012 | 11:15:21
Representatives from governments, parliaments, CSOs, private sector; youth, and NGOs from the Central, West and North Africa are gathering on December ...

Govt Lauds Dangote for Sponsoring Calabar Festival

12-19-2012 | 11:14:26
Cross Rivers State Government has expressed profound appreciation to the management of Dangote Group for the yearly sponsorship of the children’s arm of ...

ExxonMobil Lands Offshore South Africa

12-18-2012 | 06:53:32
ExxonMobil’s affiliate, ExxonMobil Exploration and Production South Africa Ltd., signed an agreement with Impact Africa Ltd. (Impact), a subsidiary of ...

Tullow Files Suit Against Uganda

12-18-2012 | 06:47:42
For those who hoped that once Uganda passed its upstream oil industry bill there would be no more contractual angst to be reported on out of the country ...

Rialto’s Offshore Accra Entrance Approved

12-18-2012 | 06:37:01
Rialto Energy Ltd. has received approval from Ghana’s state-run firm, GNPC, and the oil ministry to acquire a 12.5% participating interest in the Offshore ...

ENI Plans Big Investment for Libya

12-18-2012 | 06:32:24
ENI plans to invest $8 billion in the North African country of Libya over the coming decade. The investment is aimed at developing its upstream business ...

SacOil Enters Malawi

12-18-2012 | 06:26:07
SacOil has won an exploration license in Malawi. The South African company was awarded access to the 12,200 sq km Block 1 in the northwest region of the ...