|
Huawei starts building 169 base stations in Zambia
|
| Chinese telecommunications giant Huawei has officially kicked off a project to build 169 mobile towers in under-serviced rural areas in Zambia.The first tower was officially launched by Zambia’s Vice President Dr Guy Scott (pictured) and other Read More... |
|
Tullow Oil share price plunges on drilling results in Kenya
|
| Shares in Tullow Oil (LON:TLW) fell the most in more than six weeks today, after the oil explorer said a test well in Kenya failed to find viable crude deposits.The company made the announcement in an update on Blocks 10BB and 13T onshore Kenya, in wRead More... |
|
Simba Energy to conduct 2D seismic survey in Kenya
|
| Simba Energy Inc., Vancouver, BC, has signed an agreement with Bell Geospace to conduct a comprehensive airborne full-tensor gradiometry (FTG) survey on Block 2A in Kenya. The 30-day survey is expected to start in early May.The program contemplates fRead More... |
|
Uganda, Kenya to build world's longest heated oil pipeline
|
| Should Uganda and Kenya finally build a crude oil export pipeline, it will be the longest heated such facility in the world.According to a report released last month by Tullow Oil Plc, both countries have agreed to build the pipeline and have commencRead More... |
|
Oil Dealers Head for Nairobi Talks
|
| Nairobi will next week play host to over 1000 delegates from across the world to discuss the region's mineral potential.The 3rd Oil and Gas Africa Exhibition will bring together scientists; engineers, technocrats, environmentalists and entrepreneurs Read More... |
|
Economic growth, development and class struggle in Africa
|
| Despite claims that Africa is experiencing one of the highest growth rates in the world, growing class divisions and rising consumer prices are having disproportionate negative impacts on working people and the poor. Countries that are the focus of rRead More... |
|
U.S. Companies Explore Opportunities in Africa's Energy Sector
|
| A high-level meeting on energy needs in Africa, held April 22 in Miami, was the latest U.S. government effort to connect American companies with opportunities to provide energy services on the continent.The Miami MBDA Business Center, part of the U.SRead More... |
|
USTDA supports development of solar power plant in Tanzania
|
| Today, the U.S. Trade and Development Agency awarded a grant to NextGen Solawazi Limited to support the implementation of a 5 megawatt (MW) solar photovoltaic power plant in Kigoma, Tanzania. The grant was signed by NextGen Managing Director Mayank BRead More... |
|
Public Institutions to Get Free Solar Power Systems
|
| STEPS Solar and Tanzania Renewable Energy Association (TAREA) have agreed to instal solar energy systems in some public institutions and dispensaries free of charge.Speaking with journalists yesterday in Dar es Salaam, the spokesperson for Steps SolaRead More... |
|
South African firm to upgrade Tanzania bourse
|
| THE development of African stock exchanges to accommodate the growing demand for capital received a boost on Tuesday with the appointment of South Africa’s software company Securities and Trading Technology (STT) to provide the Dar es Salaam StRead More... |
|
Africa's Economic Growth Set to Reach 5.2 Percent in 2014
|
| Africa's economic growth is set to reach 5.2pc in 2014, but mostly driven by resource rich countries, according to the World Bank's new Africa's Pulse, a twice yearly analysis of issues shaping Africa's economic prospect.Economic growth in sub-SaharaRead More... |
|
Africa's middle class leading economic boom
|
| African economies are growing faster than ever before.The continent has a middle class which is expected to rise to R1.1-billion by 2016 and it already has 55 billionaires.According to the World Bank, South Africans are among the wealthiest on the coRead More... |
|
Africa's Growth Set to Reach 5.2 percent in 2014 With Strong Investment Growth and Household Spending
|
| Economic growth in Sub-Saharan Africa (SSA) continues to rise from 4.7 percent in 2013 to a forecasted 5.2 percent in 2014. This performance is boosted by rising investment in natural resources and infrastructure, and strong household spending, accorRead More... |
|
Old Mutual revises down SA's 2014 economic growth forecast
|
| ANOTHER organisation has downwardly revised the economic growth outlook for South Africa this year due to strikes and energy supply constraints.Old Mutual Investment Group South Africa (Omigsa), South Africa’s largest private asset manager, on Read More... |
|
IMF slashes SA's 2014 economic growth outlook to 2.3%
|
| THE International Monetary Fund (IMF) has revised down South Africa’s economic growth forecasts for 2014 and 2015, warning that strikes and policy uncertainty in the country and several others in sub-Saharan Africa are weighing on growth.
In iRead More... |
|
|
