The Zimbabwe government has put $600 million worth of the country’s critical power projects in the hands of a middleman accused of drug trafficking, and awarded big contracts to companies…
President John Mahama has performed a ground breaking ceremony for the start of a seven billion dollar offshore Cape Three Points integrated oil and gas project at Sanzuley in the…
Officials from Uganda and Tanzania will in the coming days meet to fine-tune the work plan for the development of the proposed Shs11 trillion($3.3 billion) crude oil export pipeline. The…
Gabon is considering a return to OPEC and trying to rally fellow African nations for a more coordinated response to slumping oil prices, President Ali Bongo Ondimba said. Some members…
The Dar es Salaam-Isaka-Kigali/Keza-Musongati (DIKKM) standard gauge railway (SGR) project is progressing well, an official said. Eng. Jules Ndenga, the acting special project implementation unit coordinator at the Ministry of…
More than 80 years ago an economist, John Maynard, predicted a new disease he called ‘technological unemployment’, caused by the discovery of new technologies that would be used to perform…
Mineral Resources Minister Mosebenzi Zwane will hold a two-day meeting with mining-industry executives to debate a draft plan to compel mines to ensure that black people hold at least 26%…
President John Dramani Mahama has said his government plans to make the country a power hub in the West African sub-region by 2020. “The prospects of electricity production in Ghana…
South Africa is in talks with five vehicle manufacturers about a proposed new assembly plant in the port city of East London, a potential boost for an industry that’s using…
Kenya, Uganda and Tanzania government officials start a three-day meeting today in Kampala to discuss a technical report on the contentious $4 billion (Sh400 billion) crude oil pipeline route. The…
Cross River State Governor Ben Ayade has said most parts of the state, beginning with Calabar, the state capital, will soon enjoy 24-hour power supply. The governor spoke in Calabar…
Gold miner Vantage Goldfields, which operates the Mpumalanga-based Lily mine where three miners have been trapped underground since February 4, has announced that its subsidiary MIMCO, which owns the mine,…
Ford Motor Co. will invest 2.5 billion rand ($167 million) in the U.S. automaker’s South African operations to start production of the Everest sport utility vehicle and create about 1,200…
Mozambique’s Provincial Director of Economy and Finance in central Manica province, Virgulino Nhate, has said the government is concerned at the lack of a market for the bauxite mined in…